56 Mortlock TerracePort Lincoln SA 5606
Property Details for 56 Mortlock Tce, Port Lincoln
Last Listing description (April 2026)
Positioned along busy Mortlock Terrace, this high-exposure commercial holding offers an exceptional opportunity for businesses or investors seeking a versatile, income-producing asset in the heart of Port Lincoln's thriving commercial corridor.
The main building is ideally suited for office or medical use and includes a welcoming built-in reception area, two private offices or consulting rooms, and a well-appointed kitchen that easily doubles as a staff lunchroom. Each room provides ample storage, ensuring a practical and professional workspace.
At the rear of the property lies a substantial collection of shedding, currently delivering an impressive income stream:
- Three sheds, each 6m x 9m with 3.6m height, tenanted at $88 per week.
- One shed, 6m x 9m with 3.3m height, returning $100 per week, complete with office, mezzanine, toilet and shower.
- Large double shed, 12m x 9m x 3m, returning $200 per week, with potential to be divided into two separate tenancies.
- Front commercial tenancy/house, currently returning $330 per week.
This delivers a total gross rental income of approximately $894 per week ($46,488 per annum), with clear scope to increase rental returns or occupy part of the property yourself.
Set on a generous 1,628m² allotment, the property offers onsite car parking, a security system, rainwater connection, and neat, low-maintenance grounds. The flexibility, strong holding income, and prime exposure make this an outstanding opportunity to secure a tightly held commercial site with multiple income avenues.
A fantastic option for investors seeking strong returns-or business owners wanting to secure a premium position with additional revenue streams and room to grow.
Please contact Steve Kemp or Rav Prakash for further details.
*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, boundary overlays, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Property History for 56 Mortlock Tce, Port Lincoln, SA 5606
- 14 Apr 2026Sold for $720,000
- 26 Jun 2024Listed for Sale Expressions of Interest
- 21 Jun 2019Listed for Sale $595,000
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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 8,899 properties. Over the last 5 years, Houses in Port Lincoln have seen a 99.44% increase in median value, while Units have seen a 77.90% increase. As at 31 July 2026:
- The median value for Houses in Port Lincoln is $590,340 while the median value for Units is $373,087.
- Houses have a median rent of $550 while Units have a median rent of $420.
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