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Income Producing Harbour Lease - Augusta WA
Assignment of Crown Ground Lease | Augusta Boat Harbour
Investment opportunity comprising the assignment of a State Government ground lease, established marine and seafood processing improvements, high value fixed plant and equipment (majority installed circa 2019), and additional serviced hardstand and open areas suitable for future development.
The asset benefits from a proposed 3 year leaseback delivering indicative income of $272,000 p.a. + outgoings, providing immediate cash flow with longer term value creation potential.
Located within a highly regulated harbour precinct, with flexible future uses including marine industry, aquaculture, tourism or hospitality (STCA).
Information Memorandum available on request.
More information about this property, including the Statement of Information, can be found on the Belle Property website.
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