Block of Flats Sold - 8 Prospect Road, Port Lincoln

Dress Circle Residential Investment in Thriving Regional Centre

Enquire Now

Kemp Real Estate is proud to offer 8 Prospect Road for sale by Expressions of Interest closing 29th of April 2022 at 3pm.

This superb offering of 9 strata titled units comprises of 7x 2-bedroom units and 1x 1-bedroom unit and 1 bedsit unit.

This is a great opportunity to secure a blue chip residential investment with the security of 9 tenants, with all units being fully tenanted. Located in the sought after 'dress circle' residential area of Port Lincoln.

The management report shows a gross profit of $86,555 for the 20/21 financial year.

Port Lincoln is presently enjoying approximately 35% interstate inquiry on residential and commercial property and high sales. Interstate investors have identified Port Lincoln as a strong and sound investment area.

The units enjoy an exceptional location only minutes to the city centre of Port Lincoln and some with superb views over the city and Boston Bay harbour.

For a copy of the Information Memorandum please contact Steve Kemp.

Get to know Port Lincoln

Port Lincoln is a city on the lower Eyre Peninsula in the Australian state of South Australia. It is situated on the shore of Boston Bay, which opens eastward into Spencer Gulf. It is the largest city in the West Coast region, and is located approximately 280 km (straight line – 646 km by road) from the State's capital city of Adelaide.