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19 Boston Street, Port Lincoln, SA 5606

19 Boston Street, Port Lincoln, SA 5606

Showrooms/Bulky Goods Retail Other

  • For Sale
  • $600,000 - $635,000
  • For Sale

  • Land Area
  • 1254.00 m² (approx)
  • Floor Area
  • 550 m²
  • Tenure Type
  • Vacant Possession
  • Last Updated
  • Nov 06, 2019
  • Zoning
  • Regional Town Centre

Interested in this property? Contact an Agent today

Kemp Real Estate Pty Ltd - Port Lincoln

38 Liverpool Street

Port Lincoln SA 5606

Shane Merchant

A Unique Hybrid CBD Investment Opportunity!

$42,576.95 per annum gross income*
20x Storage Units
3 Bedroom, 2 Bathroom Home
1,254m2 of level CBD land positioned for growth

A unique hybrid investment opportunity in Port Lincoln's CBD featuring both a residential home and 20x storage units on 1254m2 with a gross return of $42,576.95 per annum gross*.

17 out of the 20 storage units are currently leased out at $35 per week with 2 of the remaining used by owners and the remaining 1 shed vacant. With the sheds being located in the CBD of Port Lincoln, they are a popular storage option, returning $28,016.95 gross* for financial year 18/19 - you have a great investment opportunity on your hand - and that's without the residential home rental returns!

The shed is 12 x 30 meters and is what encompasses the 20 storage units, each measure 3 x 6 metres with cement flooring, lighting and 2.6 metre roller door clearance, however the internal walls are easily removed and adjusted to provide a flexible overall floor plan.

The home which is a beautiful three-bedroom, two-bathroom with open plan living/dining is currently tenanted at $280 per week until 28th of Jan 2020 ($14,560 per annum

19 Boston Street, Port Lincoln, SA 5606

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