5 Lipson PlacePort Lincoln SA 5606
Property Details for 5 Lipson Pl, Port Lincoln
5 Lipson Pl, Port Lincoln is a 14 bedroom, 7 bathroom Unit with 2 parking spaces and was built in 1986. The property has a land size of 1910m2 and floor size of 511m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (August 2022)
A well presented group of two story townhouses in a much sought after location, all on one single Title.
Originally designed for low maintenance and durability, the whole group still has that timeless enduring feel, and continue to be fully tenanted after some years of operation.
Units 2,3,4 & 5 have been updated & modernised featuring new kitchens and bathrooms.
Four of the units are identically configured as two bedrooms up. One as three bedrooms up, all with living and bathrooms down, while the master two bedroom unit is set up as a manager's residence with storage and work shed as well as extra large living and office room (which can be utilized as an extra bedroom) attached to the base unit.
Each standard unit is described as being great accommodation for the growing family waiting to build their own home, or the perfect downsize option.
Entry to the standard units is via the generously proportioned carpeted living area, open to the functional tiled kitchen and dining room.
A wooden stairway leading to the upstairs bedrooms is against one wall, while a doorway in one corner gives access to the combination tiled laundry, bathroom and toilet.
Upstairs, the landing leads to a good sized master bedroom, and a second bedroom, both of which are carpeted.
Each unit has a carport attached and a small storage shed available.
One of the units has been converted to a three bed configuration by building above the carport, and extending the roofline. Each of the units has its own courtyard space either at the side or rear.
The master unit, as well as the extra internal space provided by the two large rooms already mentioned, also has an extra full bathroom and toilet.
There is a 20x20 garage as well as the carport, and a larger rear courtyard.
All in all, this set of units has everything in place to create either a good personal income or become a great investment for any astute purchaser with a keen eye on the future.
The whole property can only be described as immaculate all the units are presented impeccably and this has led to securing quality tenants.
Expected annual rental return is approximately $76,000.
Call Steve Prout of Raine & Horne now on 0428 601 855 to arrange your full inspection on this excellent offering.
Property History for 5 Lipson Pl, Port Lincoln, SA 5606
- 18 Jul 2022Sold for $1,100,000
- 15 Oct 2021Listed for Sale SOLD - $1,100,000
- 31 Mar 2016Listed for Rent - Price not available
Recent sales nearby
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0About 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 8,900 properties. Over the last 5 years, Houses in Port Lincoln have seen a 100.40% increase in median value, while Units have seen a 82.41% increase. As at 31 August 2026:
- The median value for Houses in Port Lincoln is $591,984 while the median value for Units is $390,346.
- Houses have a median rent of $550 while Units have a median rent of $430.
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