Value add plus income - a commercial investment and residential house.
A rare opportunity to secure a fully leased substantial commercial property plus a separate 3 bedroom home on adjoining property situated on 20 Tobruk Terrace, providing additional income with scope for improvement.
• Total land holding of 2,803 square metres over 2 Certificates of Titles
• Generous corner site, situated on the fringe of Port Lincoln CBD
• Convenient on site car parking for 40 vehicles
• Zoned Residential (Lincoln Central)
• Long term established tenancy
• Potential subdivision (STCC) in long term future
21 Oxford Terrace Port Lincoln:
Currently leased to Country & Outback Health Inc. Current rent is $5,925.58 per month excluding GST and outgoings ($71,106.95 per annum) and there is a 2 year lease in place with one further right of renewal commencing August 2019.
20 Tobruk Terrace Port Lincoln:
Currently leased as a long term residential property with current rent of $265.00 per week on a fixed lease 28/04/2019.
To arrange an inspection or for further information please contact Steve Kemp.
