This well located 2000m2 LIA property comes with 3 x 120m2 industrial units and 8 Colorbond storage sheds.
The property is currently returning a gross income of around $33,000 per annum and would suit most self managed superannuation funds.
This is your opportunity to secure an excellent passive investment in a great seaside town so contact us today for further details.
The size of Augusta is approximately 37.7 square kilometres. It has 18 parks covering nearly 16.6% of total area. The population of Augusta in 2011 was 1,292 people. By 2016 the population was 1,376 showing a population growth of 6.5% in the area during that time. The predominant age group in Augusta is 60-69 years. Households in Augusta are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Augusta work in a trades occupation. In 2011, 65% of the homes in Augusta were owner-occupied compared with 69.1% in 2016.
Augusta has 1,580 properties. Over the last 5 years, Houses in Augusta have seen a 104.87% increase in median value, while Units have seen a 123.48% increase. As at 31 October 2024:
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