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4/68 Lincoln Highway

Port Lincoln, SA 5606, Australia
2 bed 1 bath 1 car

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Area Price Guide
$328,060$369,940

Indicative price guide range

🏘️
67
Comparable
📊
$620,000
Area median
⚖️
-44%
vs median
🗓️
1 week ago
Listed

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About this property

** 6 Units SOLD, 2 Unit Available** Commanding a prominent position along Port Lincoln's North Shore with uninterrupted views across Boston Bay, this tightly held group of eight, separately titled units represents a compelling blue-chip investment opportunity in one of Port Lincoln's most visible coastal corridors. Solidly constructed and fully tenanted, the complex delivers immediate income security while offering genuine upside through strategic refurbishment. Built with longevity in mind, the property provides a reliable foundation for investors seeking scale, low maintenance, and long-term capital growth just minutes from the CBD. The upper-level units enjoy private front balconies, with select residences also benefiting from rear balconies and no neighbouring properties behind, a rare advantage that enhances privacy, outlook, and future appeal. All eight units capture sweeping views across the ocean toward the Port Lincoln foreshore. Each unit features a practical and well-proportioned layout comprising two generous bedrooms, a central bathroom with shower over bath and vanity, separate toilet, and a dedicated laundry. Some units have already been updated, providing a clear blueprint for further modernisation across the group. Reverse-cycle air conditioning is installed throughout, ensuring year-round tenant comfort. With strong existing returns and a tightly held coastal location, this is an opportunity that will resonate with investors seeking scale, visibility, and future growth. While the sale includes all eight units, Unit 4 has been showcased as a representative guide to demonstrate the standard, layout, and upgrade potential available within the group. You can secure 1 or more units as they are separately titled, and of course, the Vendor is open to offers for the savvy investor that want's to secure all 8 units, but you'll need to be quick! Unit 1: SOLD Unit 2: SOLD Unit 3: Lease expiry 08/06/2026 (Rent $350.00 pw) Unit 4: Lease expiry 06/08/2026 (Rent $350.00 pw) Unit 5: SOLD Unit 6: UNDER CONTRACT Unit 7: SOLD Unit 8: SOLD Key Features: - Eight fully tenanted, separately titled units - Prominent Lincoln Highway position overlooking Boston Bay - Minutes from Port Lincoln CBD and key amenities - Consistent two-bedroom layouts with functional floorplans - Upper-level units with private balconies - Select units with rear balconies and no neighbouring properties behind - Ocean and foreshore views from all units - Partial modern upgrades already completed - Central bathroom with shower over bath and vanity - Separate toilet and dedicated laundry - Reverse-cycle air conditioning - Strong scope to enhance returns through renovation and uplift Specifications: CT / 6154/283 Council / Port Lincoln Zoning / SN Built / 1970 Council Rates / $1,500pa per unit Strata Rates / $448.88pq per unit Strata Manager / Stratarama Emergency Services Levy / $87.70pa per unit SA Water / $176.30pq per unit Estimated rental assessment / $350 per week for each unit Nearby Schools / Port Lincoln High School, Port Lincoln Primary and Junior Primary School, St Joseph's Catholic School, Navigator Lutheran College, Kirton Point Primary School, Lincoln Gardens Primary School, Poonindie Community Learning Centre, Tumby Bay Area School, Lake Wangary School, Cummins Area School. Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

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