32 Proper Bay RoadPort Lincoln SA 5606
Property Details for 32 Proper Bay Rd, Port Lincoln
Last Listing description (June 2023)
Are you looking for a lucrative investment opportunity in the real estate market? Look no further than our commercial sheds with an extra 2,000 square metres (approx) of land for further development!
This property offers a unique opportunity for investors to maximize their returns by not only generating income from the existing sheds but also unlocking additional value through future development.
Currently returning $59,344.05 gross per annum.
Built to a high standard and offering tenants a range of configurations and amenities to suit their business needs. From small workshops to large storage areas, this property will cater to a wide range of industries.
But the real value of the property lies in the extra land available for future development. This provides investors with the flexibility to expand the existing footprint with additional buildings to generate further income.
Located in prime industrial area, this property offers easy access to major highways and transportation hubs, making them ideal for businesses looking to optimise their logistics operations.
So, if you're looking for a smart investment that offers both immediate returns and long-term growth potential, our commercial sheds with extra land for further development are the perfect choice.
Information Memorandum available upon request.
Contact Carl Semmler or Steve Kemp today.
Property History for 32 Proper Bay Rd, Port Lincoln, SA 5606
- 29 May 2023Sold for $681,000
- 07 Mar 2023Listed for Sale $699,000
- 18 Apr 2017Listed for Rent $9,096 / year
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About Port Lincoln 5606
The size of Port Lincoln is approximately 34.2 square kilometres. There are 64 parks, covering nearly 5.9% of the total area. The population of Port Lincoln in 2016 was 14120 people. By 2021 the population was 14458 showing a population growth of 2.4% in the area during that time. The predominant age group in Port Lincoln is 30-39 years. Households in Port Lincoln are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Lincoln work in a professional occupation.In 2021, 62.00% of the homes in Port Lincoln were owner-occupied compared with 61.10% in 2016.
Port Lincoln has 8,876 properties. Over the last 5 years, Houses in Port Lincoln have seen a 106.98% increase in median value, while Units have seen a 83.64% increase. As at 30 April 2026:
- The median value for Houses in Port Lincoln is $582,124 while the median value for Units is $397,091.
- Houses have a median rent of $520 while Units have a median rent of $420.
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