$750,000
56 Mortlock Terrace, Port Lincoln, SA 5606
High-Exposure Commercial Holding with Strong Multi-Stream Income
Positioned along busy Mortlock Terrace, this high-exposure commercial holding offers an exceptional opportunity for businesses or investors seeking a versatile, income-producing asset in the heart of Port Lincoln's thriving commercial corridor.
The main building is ideally suited for office or medical use and includes a welcoming built-in reception area, two private offices or consulting rooms, and a well-appointed kitchen that easily doubles as a staff lunchroom. Each room provides ample storage, ensuring a practical and professional workspace.
At the rear of the property lies a substantial collection of shedding, currently delivering an impressive income stream:
- Three sheds, each 6m x 9m with 3.6m height, tenanted at $88 per week.
- One shed, 6m x 9m with 3.3m height, returning $100 per week, complete with office, mezzanine, toilet and shower.
- Large double shed, 12m x 9m x 3m, returning $200 per week, with potential to be divided into two separate tenancies.
- Front commercial tenancy/house, currently returning $330 per week.
This delivers a total gross rental income of approximately $894 per week ($46,488 per annum), with clear scope to increase rental returns or occupy part of the property yourself.
Set on a generous 1,628m² allotment, the property offers onsite car parking, a security system, rainwater connection, and neat, low-maintenance grounds. The flexibility, strong holding income, and prime exposure make this an outstanding opportunity to secure a tightly held commercial site with multiple income avenues.
A fantastic option for investors seeking strong returns-or business owners wanting to secure a premium position with additional revenue streams and room to grow.
Please contact Steve Kemp or Rav Prakash for further details.
*All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, boundary overlays, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
The main building is ideally suited for office or medical use and includes a welcoming built-in reception area, two private offices or consulting rooms, and a well-appointed kitchen that easily doubles as a staff lunchroom. Each room provides ample storage, ensuring a practical and professional workspace.
At the rear of the property lies a substantial collection of shedding, currently delivering an impressive income stream:
- Three sheds, each 6m x 9m with 3.6m height, tenanted at $88 per week.
- One shed, 6m x 9m with 3.3m height, returning $100 per week, complete with office, mezzanine, toilet and shower.
- Large double shed, 12m x 9m x 3m, returning $200 per week, with potential to be divided into two separate tenancies.
- Front commercial tenancy/house, currently returning $330 per week.
This delivers a total gross rental income of approximately $894 per week ($46,488 per annum), with clear scope to increase rental returns or occupy part of the property yourself.
Set on a generous 1,628m² allotment, the property offers onsite car parking, a security system, rainwater connection, and neat, low-maintenance grounds. The flexibility, strong holding income, and prime exposure make this an outstanding opportunity to secure a tightly held commercial site with multiple income avenues.
A fantastic option for investors seeking strong returns-or business owners wanting to secure a premium position with additional revenue streams and room to grow.
Please contact Steve Kemp or Rav Prakash for further details.
*All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, boundary overlays, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Property Info
Municipality
Port Lincoln
Kemp Real Estate Port Lincoln
38 Liverpool Street
Port Lincoln, SA 5606
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Steve Kemp
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