Port Lincoln 88-90 Mortlock Terrace

INVESTMENT OPPORTUNITY WITH DEVELOPMENT POTENTIAL

88 and 90 MORTLOCK TCE. AND 7 SINCLAIR ST.

4,856 square metres of land fronting Mortlock Terrace and Sinclair Street, Port Lincoln.
Ideal site for future retail development (subject to council approval)
Currently on 3 separate titles with 4 rental properties.
Returning rental income of $585 per week (approximately $30,000 per annum) from three homes and self contained flat.
Vendor currently using the large shed and would be prepared to negotiate renting back from purchaser.
This is a rare opportunity to purchase a larger piece of land on Mortlock Terrace which would appear to be a future retail growth area, with the added advantage of immediate rental return from existing dwellings.

Sold

10    4    4

Inspect

Inspection of this property is available strictly by arrangement only.

Contact