With a stunning annual rental yield of 8.4%, this working investment makes perfect sense. The multiple-use property offers tenancy, commercial and residential options right in the heart of the Pt Augusta township.
There is also an option of future site development potential (STCC), which means this is an opportunity that suits all buying outlooks.
Offering no less than 5 bedrooms, 2 bathrooms, spacious layout, established gardens, a multitude of off-street parking, and the convenience of the township approx. 260 steps away (it's only 200m by foot!) this is a property not to miss. The solid brick home itself is well laid out and offers 3 bedrooms and a bathroom, and also a functional updated kitchen and comfortable lounge room. There is air conditioning and all the comforts a home like this can offer.
Outside is a big rear entertaining area, complete with a secure garden and plenty of storage room from the lock-up garage and side carport - both with front roller doors. Up on the roof is a solar system, that assists in keeping power bills at bay, along with a large rainwater tank as well.
The jewel in the crown is the fully established, secure, and modern granny flat/detached teenager retreat. There is an additional bedrooms, living space, a modern kitchen, internal laundry and a bathroom, and is ideal for extended family, friends or perhaps an older member of the family that needs their own space.
Location is the key at this property, with the township moments away by foot, which gives you access to shopping centres, cafes, and all the services the Pt Augusta city centre has to offer. The Pt Augusta High School is not far away, as too the westside, the Flinders Ranges, and the sparkling waters of the upper Spencer Gulf.
*INVESTOR NOTE - This property is projected to return a stunning 8.4% rental yield and sits on two allotments, which would be ideal for future development options (STCC).
This may well be the best value-for-money investment property in the greater Port Augusta region right now! Don't delay in calling Jason O'Halloran on 0435 838 098 from Ray White Port Augusta for more information.
PROPERTY INFORMATION
Year Built / 1981 (approx)
Land Size / 706 sqm (approx)
House Size / 148 sqm (approx)
Frontage / 25.6 m (approx)
Zoning / SN - Suburban Neighbourhood\\
Local Council / City of Port Augusta
Current Rental / Projected - $275 to $295 per week
Estimated Rental Yield / 8.4% per annum (approx)
Title / Torrens Title
Want to find out where your property sits within the market? Have our award-winning agent come out and provide you with a market update on your home or investment! Call Jason O'Halloran now on 0435 838 098.
Specialists in: Port Augusta, Port Augusta West, Wilsden, Carlton, Stirling North, Stirling, Commissariat Point, Quorn, Willmington, Melrose, Flinders Ranges, Blinman
Number One Real Estate Agents, Sale Agents and Property Managers in South Australia.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
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