15 King Street, Port Lincoln SA 5606

Absolute premier waterfront position ideal investment or development site opportunity like no other!

For sale via Auction Friday 21st May 2021 at 11am onsite at 15 King Street.
(PLEASE NOTE AUCTION DATE HAS BEEN UPDATED)

Overlooking the beautiful harbour of Boston Bay, the scope of this premier location is not one to miss! Possibly the last beachfront opportunity in Port Lincoln?
Both tenanted properties, set on a highly exposed site both in vehicle and foot traffic, neighbouring the newly redeveloped Boston Hotel and walking distance to Port Lincoln Yacht Club, Hilton Motel, City Centre and other facilities within this thriving regional city.
Improved with two standalone buildings, 15 King Street is a four bedroom, 2 bathroom home currently tenanted on a residential lease whilst 17 King Street is currently leased to Department of Home Affairs. The property not only offers investors a secure and diverse income streams but includes massive development upside.

The Property offers:
- Total land size of 5,280m2*
- Combined building area of 379m2*
- Zoned Suburban Main Street (Maximum building height is 7 levels)
- Combined 65 metre* street frontage
- Will be sold in "one line" or individually

Situated on South Australia's Eyre Peninsula, Port Lincoln is home of the largest fishing fleet in the Southern Hemisphere with Blue Fin Tuna, Lobster, Oysters, Muscles, Abalone and Scale Fish all fished from this booming regional city.
Serviced daily by Regional Express and Qantas, Port Lincoln is 35 minute flight time from Adelaide.

*approximately.

15 King Street
Land 2260m2
Building 186m2
Year Built 1935
Frontage (street) 32.2 m
Rent $17,680.00 (GST not applicable) per annum

17 King Street
Land 3020m2
Building 193m2
Year Built 1925
Frontage (street) 33.2 m
Rent $36,436.80 (GST not applicable) per annum

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate & we accept no liability for any errors or omissions (including but not limited to a property's land size, approx outlines, floor plans, & size, building age & condition). Interested parties should make their own inquiries & obtain their own legal advice. For auction, the Vendor's Statement may be inspected at our office for 3 consecutive business days immediately preceding the auction & at the auction for 30 mins before