Sold
78 Albany Terrace, Augusta WA 6290
Sold price: $1,695,000
Sold: 24 May 2022
Sold
-
Landsize 2,701m2
Land
View
The Last Superb Ocean Front Opportunity.
This 2,701sqm of land is the last large parcel of oceanfront land in Augusta available. There are no other comparable properties left so don't miss out on this opportunity to secure this outstanding investment that offers a superb location for your seaside lifestyle as well as the ability to profit from a subdivision.
Want to live the dream seaside lifestyle and at the same time have a blue-chip investment? This property lets you do both. This is the last chance to acquire undivided oceanfront land in Augusta that offers you the opportunity to build on a large oceanfront block, keep this for yourself and still have enough surplus land to subdivide and sell off now or at a later date.
The 2,701sqm of land is ideally located adjacent to a gazetted reserve, fronts Albany Terrace with access to the Blain Street cul-de-sac, and has reticulated sewer available. This location makes it simple to achieve a previously approved subdivision of up to 5 lots. With the long boundary of 114 metres facing north, all potential blocks or dwellings would enjoy northern sun and unobstructed ocean and beach views over the adjacent reserve land. This standout rock-solid investment allows flexibility not often available for the home builder, investor, or developer.
The choices are yours: build a dream lifestyle home and subdivide immediately for a profit in a high demand short supply market or build a dream lifestyle home and subdivide in the future for a profit. Call me now for full details of this superb investment!
Listing snapshot by reiwa.com
This land listing located in Augusta was sold by Alf Fandry at Ray White Stocker Preston.
If you would like to get in touch with Alf Fandry regarding 78 Albany Terrace, Augusta, please call 08 9758 0300 or contact the agent via email.
Nearby schools
Augusta overview
The most south westerly town in the state, Augusta was named by Gov. Sir James Stirling in May 1830. Until 2003 it was thought the name honoured Princess Augusta Sophia, second daughter of King George III and Queen Charlotte. In 2003 the book "James Stirling - Admiral and Founding Governor of Western Australia" a letter by James Turner is referred to which states "a town is purposed to be built named Augusta, County of Sussex, in compliment to the Duke". Princess Augusta Sophia died unmarried, and the "Duke" is most likely the Duke of Sussex, Augustus Frederick (Hanover), the 6th son of George III. He married Lady Augusta Murray in 1793, but the marriage was deemed a violation of the Royal Marriage Act, and was declared null and void in 1794. Lady Augusta Murray is most likely the person after whom Augusta is named.
Life in Augusta
Augusta is a town on the south west coast of WA and was predominately a tourist town up until the late 1990s when many people chose to retired to the region. The town is known for its major attractions such as Cape Leeuwin "where two oceans meet" and its impressive lighthouse. Augusta is dependent on professional fishing, timber and tourism. There is a local shopping centre in the area and two primary schools - Augusta Primary School and Karridale Primary School, with the closest secondary school Margaret River Senior High School.
Augusta quick stats
High end
$1.2m
Median
$875k
Low end
$730k
16.8 %
Annual growth
$875k
Annual median sales price
$600pw
Annual median rental price
