SOLD

Port Lincoln, on the Eyre Peninsula of South Australia, is a city of the future; this is your chance to get in on the action.

A prime opportunity exists for a substantial investment or redevelopment of this key parcel of approximately 954m2 of land.

- 4 Ground level Commercial tenancies, including long standing tenant Domino's
- 1 Ground level 3 Bedroom Apartment
- 3 First level 2 Bedroom Apartments
- Storage and carport parking

The returns are excellent!

2-4 King Street, positioned a stone's throw from the water's edge of Boston Bay and a few minutes' walk to the centre of Port Lincoln.

Zoned Suburban Main Street, the zoning primary focus for a mix of land uses including retail, office, commercial, community, civic and medium density residential development up to 12 storeys that supports the local area.

The site boasts three street frontages being King Street, Eyre Street and Washington Street. As per the Suburban Main Street Zone the area bound by Eyre Street, King Street, Porter Street and Washington Street, has a maximum building height of 12 storeys (48 metres above natural ground level).

The following forms of development are envisaged for the site (Subject To Council Consent)
▪ Entertainment facility;
▪ Mixed use development with ground floor active non-residential uses and residential development above;
▪ Small scale shops including - specialty shop - restaurant/café;
▪ Tourist related activities including tourist accommodation.

For more information about zoning, visit PlanSA https://code.plan.sa.gov.au/home/what_is_the_property_address/property_details?id=9344289005 to view the property zoning details.

When potential is key for your next investment please call Steve Kemp today for an Information Memorandum or to arrange your private inspection.