$279,000
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1-1A Main Street, Port Augusta SA 5700

Apartment
323
Block size: 439 m² approx.

Unique Opportunity - Dual Investment or Home-Based Business

Nestled in a prime location at 1-1A Main St, this unique property offers a distinctive investment opportunity with two separate units, making it an ideal choice for a range of buyers.

This property isn't just a great investment; it's also well-suited for someone who runs or wants to run a home-based business. The shop space out the front can serve as a perfect storefront for a small business, while the owner can enjoy living in the rear unit.

Unit 1 boasts two generously sized bedrooms, providing ample sleeping space or room for guests. The spacious living area is both open and inviting, ensuring plenty of room for relaxation and entertaining. Towards the rear of the unit, you'll find a separate kitchen, as well as a well-appointed bathroom equipped with a shower, sink, and toilet. New flooring has been laid throughout both units.

Unit 2 presents a unique layout with its versatile design. The primary bedroom is notably spacious and comfortable. A second, L-shaped room with a glass sliding door opens up to a small courtyard, offering a range of possibilities - it can be used as a study/home office, or tailored to the occupant's preferences. The unit includes a fully equipped kitchen, which has been upgraded, and a separate lounge room, ensuring both functionality and comfort. Another bathroom with a shower, sink, and toilet adds convenience for residents.

The property features a carport to the side, equipped with gates to close it off from the street, ensuring security and privacy. There's also a joint undercover outdoor area, perfect for enjoying the outdoors in all weather conditions. Additionally, a good-sized shed is located at the rear of the property, with a portion separated for use as a communal laundry, complete with a laundry sink. Solar panels on the property are another great inclusion.

The property is positioned right next to a doctor's surgery, nearby a pharmacy, and essential services. This proximity ensures that daily errands and appointments are easily accessible, making life more convenient for the occupants and a prime location for a small business if you wish to utilise the property for this purpose.

If you're looking for a dual rental income investment, or if you have aspirations of running a home business with the convenience of a shop out front, this property presents a unique and practical opportunity that shouldn't be missed. Contact Charmaine on 0428 656 181 for more information or inspection.

FOR THE INVESTOR

Rent appraisals:
1 Main Street, Port Augusta - $200 - $220 per week
1A Main Street, Port Augusta - $180 - $200 per week

Rent return: 6.8% - 7.5%

Land: 464m2
Equivalent main area: 175m2
Council Rates: $2,054.89 (PER UNIT) pa (2023/24)
Zoning: Local Activity Centre
Easements: No
Water available: Yes
Sewer available: Yes

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.

If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. We do not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Charmaine Budd to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
3
Bathrooms:
2
Garage Spaces:
3
Property type:
Apartment
Block Size:
439 *

Other Details

Plan Type:
F
Plan:
186288
Parcel Type:
A
Parcel:
586
Legal description:
F/186288/A/586
Ray White Port Augusta

Maps and area information

Block information
Block size: 439 (approx)
Legal description: F/186288/A/586
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

We couldn't find any history for this property.
See Port Augusta's suburb profile

Port Augusta suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
6,437
Listing ID: 181997225. This listing has been viewed 17 times. It was first displayed on 12/10/2023 and last updated on 06/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.