37 Allnut Terrace

Augusta WA 6290

There is currently over 1000m2 of retail space and excellent parking on this large corner site. The six commercial tenancies are well established and include popular key outlets. The property is ideally located one street back from the main thoroughfare of the town, away from traffic but only a short walk away from cafes, and the hotel.

An added bonus for the investor is the significant income from these tenancies which will provide a substantial holding income whilst options for future use are weighed up.

Augusta is bounded by the Blackwood River, Flinders Bay and the Southern and Indian Oceans. It is regarded as the beautiful jewel in the crown of the established Margaret River wine region. The astute investor will recognize the enormous potential growth in this property: WA regional areas have seen exceptional rising values with 8.8% increase in the first quarter of 2024, the highest across Australia. With recently introduced direct flights from Sydney and Melbourne to nearby Busselton, capital appreciation in the region has a very bright future.

This property is ideal for your superannuation fund or investment portfolio with its income, potential capital growth and the security of prime real estate in a popular southwest seaside town.

Call me now to obtain a full information memorandum.

Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628

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