SOLD
RECENT ADVICE
Sold on 08 Aug 2024 for $265,000

1/1 Main Street
Port Augusta SA 5700

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 91m2
Land area: 464m2
Sold By
Ray White Port Augusta | Whyalla
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Property Details for 1/1 Main St, Port Augusta

1/1 Main St, Port Augusta is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1978. The property has a land size of 464m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Port Augusta in the last 12 months.

Building Type
House
Year Built
1978
Floor Size
91m2
Land Size
464m2
Local Government
Port Augusta

Last Listing description (August 2024)

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

Tenancy status:
1 Main Street, Port Augusta: Currently advertised for rent
1A Main Street, Port Augusta: Fixed: 24/5/24 - 23/5/24 ($210 per week)

Rent appraisals:
1 Main Street, Port Augusta - $220 - $240 per week
1a Main Street, Port Augusta - $200 - $210 per week

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

Additionally, when looking at properties it's important to have confidence in how much you can borrow. Ray White has partnered with Loan Market who can make this simple and stress free for you. As our customer, you'll receive a complimentary, obligation free chat with our local broker to discuss your options and tailor a lending solution to suit your needs. If you would like to speed up the process, click on the link below to get started today.

https://broker.loanmarket.com.au/natasha-davis/contact/

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.

Property History for 1/1 Main St, Port Augusta, SA 5700

A timeline of how this property has performed in the market
Last Sold
$265,000
08 Aug 2024
Listed for Rent
10 Jul 2024
  • 08 Aug 2024
    Sold for $265,000
  • 09 May 2024
    Listed for Rent $240 / week
  • 12 Oct 2023
    Listed for Sale $289,000
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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 4,111 properties. Over the last 5 years, Houses in Port Augusta have seen a 68.58% increase in median value, while Units have seen a 26.59% increase. As at 31 August 2024:

  • The median value for Houses in Port Augusta is $221,675 while the median value for Units is $161,735.
  • Houses have a median rent of $320 while Units have a median rent of $265.
There are currently 58 properties listed for sale, and 12 properties listed for rent in Port augusta on OnTheHouse. According to CoreLogic's data, 194 properties were sold in the past 12 months in 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.