FOR SALE
$550,000

81-83 Commercial Road
Port Augusta SA 5700

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 668m2
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Prime Commercial Property - 81-83A Commercial Road, Port Augusta, SA 5700

Unlock the Potential of Port Augusta's Prime Retail Hub!
Discover an exceptional investment opportunity with this high-visibility commercial property located at 81-83A Commercial Road, Port Augusta. This strategically positioned property comprises three distinct retail spaces, offering a blend of secure rental income and exciting potential.
Property Highlights:
81 Commercial Road: Currently leased to a thriving jewelry shop, this space guarantees a steady income with a rental return of $23,400 per annum. This established tenant underscores the location's appeal and reliability.
83 Commercial Road: A vacant retail space with promising rental potential, mirroring the income possibilities of neighboring 83A. This provides a fantastic opportunity to secure a tenant or customize the space to suit your investment strategy.
83A Commercial Road: Home to a successful tattoo studio, this shop generates an annual rental income of $18,199.
Key Features:
Prime Location: Positioned on a bustling commercial street in Port Augusta, ensuring high foot traffic and excellent visibility for all retail spaces.
Diverse Income Streams: With a mix of tenanted and vacant spaces, this property offers a balanced portfolio of guaranteed income and growth potential.
High Demand Area: Port Augusta is a thriving regional center with a robust local economy, enhancing the long-term value and appeal of this investment.
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Property Details for 81-83 Commercial Rd, Port Augusta

Building Type
Commercial
Floor Size
668m2

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About Port Augusta 5700

The size of Port Augusta is approximately 20.5 square kilometres. It has 47 parks covering nearly 9.2% of total area. The population of Port Augusta in 2011 was 7,334 people. By 2016 the population was 6,568 showing a population decline of 10.4% in the area during that time. The predominant age group in Port Augusta is 50-59 years. Households in Port Augusta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Augusta work in a community and personal service occupation. In 2011, 57.3% of the homes in Port Augusta were owner-occupied compared with 54.7% in 2016.

Port Augusta has 4,110 properties. Over the last 5 years, Houses in Port Augusta have seen a 98.30% increase in median value, while Units have seen a 60.14% increase. As at 30 November 2024:

  • The median value for Houses in Port Augusta is $250,625 while the median value for Units is $194,499.
  • Houses have a median rent of $330 while Units have a median rent of $255.
There are currently 45 properties listed for sale, and 12 properties listed for rent in Port augusta on OnTheHouse. According to CoreLogic's data, 220 properties were sold in the past 12 months in Port augusta.

Suburb Insights for Port Augusta 5700

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Brandon Sherriff
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Ray White Port Augusta
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.