Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
Rare investment opportunity with scope for future development
Located just minutes from the central business district, this property offers a rare investment opportunity with significant potential for future development. Situated on a generous allotment of approximately 1,858 square meters, the home benefits from a well-connected location close to key educational institutions including Seaview Christian College, Augusta Park Primary School, and the TAFE Campus. This prime positioning ensures convenience and accessibility for residents.
The residence features a thoughtfully designed floor plan centered around an open plan living and dining area, which serves as the heart of the home. Adjacent to the dining space is a galley-style kitchen, equipped with ample bench space on both sides and complemented by stylish grey cabinetry, providing a modern and functional cooking environment.
Accommodation comprises two spacious bedrooms, each fitted with ceiling fans to enhance comfort. The main bedroom includes built-in storage, while additional storage solutions are available in the hallway through three built-in shelving units, ideal for decorative items or miscellaneous storage needs. The combined laundry and bathroom area maximizes the use of space efficiently. The bathroom is well-appointed with a large spa bath, shower, vanity, and toilet. The laundry includes a built-in trough and designated space for a washing machine or dryer.
Externally, part of the yard has been fenced to create a private area, complemented by a carport and an entertaining space that offers privacy and ample room for tenants. A spacious rumpus room is also present, awaiting personalization and improvements, presenting exciting possibilities for use as a secondary entertainment area, home gym, or teenage retreat. Additionally, a separate gate at the front of the property provides easy access to the remainder of the allotment, making it suitable for constructing an additional investment property or shed, subject to council consent.
For investors, the property is currently leased with a fixed lease term from 29 May 2026 to 28 May 2027, generating a current rent of $330 per week, which equates to a 5.2% return. Rent appraisal estimates suggest a potential increase to between $330 and $350 per week as of 28 May 2026.
Additional property details include a building area of approximately 113 square meters, a year of construction dating back to 1960, and zoning classified as SN - Suburban Neighbourhood. There are no easements affecting the property, and both water and sewer services are available. Council rates are approximately $2,340.69 per annum for the 2025/26 period.
Prospective buyers are advised to conduct their own investigations to verify all information, including land size and development potential, as figures provided are approximate. All inclusions and exclusions should be confirmed within the Contract of Sale. For any development inquiries or site requirements, contact with the local government authority is recommended.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Port Augusta SA 5700
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 113 m² |
Market Insights for Port Augusta SA 5700
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.