112 London Street, Port Lincoln

Enjoying an elevated position on London Street in popular Kirton Point, with spectacular water views overlooking Porter and Boston Bay, this unique Torrens Titled 2 storey group of 6 units offers a great opportunity for a developer or long term investor.

The building comprises 6 x bedsitter layout units each with bathroom and kitchen. Upper level units feature own private balconies. Occupier car parking is available for each unit and provisions for a potential communal laundry.

Four units are fully or partially renovated showing the potential and value adding that they can offer to the other 2 non renovated units.
Each unit is currently tenanted and presently offer an 8% return ($977.50 per week = $50,790 per annum).

The location and layout of the units are ideal for long term rental properties or the lucrative holiday short rental accommodation.

Call Steve Kemp and Carl Semmler for further information.