7 Surrey StreetPort Augusta SA 5700
Property Details for 7 Surrey St, Port Augusta
7 Surrey St, Port Augusta is a 1 bedroom, 1 bathroom Unit with 5 parking spaces and was built in 1960. The property has a land size of 670m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 1 bedroom Unit sold in Port Augusta in the last 12 months.
Last Listing description (September 2023)
Introducing 7 Surrey Street, a recently renovated flat located in a prime location near Emma's Deli, Central Oval Complex, and the CBD. This property, built in 1960, offers a comfortable lifestyle with its modernised features and amenities within walking distance.
Inside the flat, you'll find fresh paint and new flooring, creating a bright and welcoming atmosphere. The kitchen has been upgraded with a new oven, has ample storage, and a spacious bench area. Downlights throughout the property provide a cosy ambiance, and new blinds offer privacy and control over natural light.
The bathroom and laundry facilities are located outside the flat and offer storage, a vanity, and an enclosed shower and toilet. Additional storage space is available in the large shed, which includes a free-standing fireplace and power connection, as well as a smaller garden shed. The property also features a good-sized paved area for outdoor relaxation and plenty of open parking.
For investors, this property presents an excellent opportunity. It is currently leased until April 2024, generating a rental income of $250 per week and offering a rent return of 8.3% on the full purchase price.
Whether you're looking for a promising investment or an opportunity to get into the market at an affordable price point, don't miss the chance to own this freshly renovated flat in a prime location. Contact Charmaine on 0428 656 181 for more information or inspection.
FOR THE INVESTOR
Fixed Tenancy: 28/4/2023 - 25/4/2024
Rent Per Week: $250
Rent Return: 8.3%
Land: 688m2 (approximate)
Year Built: 1960
Equivalent main area: 110m2
Council Rates: $2,081.95 p.a. (2023/24)
Zoning: Suburban Neighbourhood
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.
Property History for 7 Surrey St, Port Augusta, SA 5700
- 22 Sep 2023Sold for $130,000
- 27 Jun 2023Listed for Sale Not Disclosed
- 10 Mar 2023Listed for Rent $250 / week
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0About 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.
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