4/11 Auger WayMargaret River WA 6285
Property Details for 4/11 Auger Way, Margaret River
Last Listing description (June 2023)
Situated in the heart of the light industrial area of Margaret River, this large 2,901m2 lot comprising of 3 separate strata titled lots.
Features:
Currently leased to Australia Post on a 3 year by 3 year term and a local transport company until April 2024 with options.
Strata lot 3 is a vacant strata lot of 278m2 (Australia Post).
Strata lot 4 contains a warehouse/office of 350m2 and a laydown area of 406m2 (Australia Post).
Subject to state and local authority approvals, further development of the site could be possible.
Current rental showing a nett return of 6%pa.
Sold as a going concern.
For more details contact John Reid or Michelle Pownall.
Property History for 4/11 Auger Way, Margaret River, WA 6285
- 10 May 2023Listed for Sale $1,295,000
- 10 May 2023Sold for $715,000
- 20 Oct 2022Listed for Sale $1,295,000
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0About Margaret River 6285
The size of Margaret River is approximately 61.3 square kilometres. There are 32 parks, covering nearly 21.9% of the total area. The population of Margaret River in 2016 was 7654 people. By 2021 the population was 8918 showing a population growth of 16.5% in the area during that time. The predominant age group in Margaret River is 40-49 years. Households in Margaret River are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Margaret River work in a professional occupation.In 2021, 70.10% of the homes in Margaret River were owner-occupied compared with 65.60% in 2016.
Margaret River has 6,042 properties. Over the last 5 years, Houses in Margaret River have seen a 120.99% increase in median value, while Units have seen a 125.79% increase. As at 31 May 2026:
- The median value for Houses in Margaret River is $1,203,358 while the median value for Units is $698,052.
- Houses have a median rent of $780 while Units have a median rent of $650.
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