89 Mortlock TerracePort Lincoln SA 5606
Property Details for 89 Mortlock Tce, Port Lincoln
Last Listing description (May 2025)
An outstanding opportunity for savvy investors-this securely leased commercial property on bustling Mortlock Terrace offers a reliable income stream with a long-term tenant in place.
Key Features:
- Secure Tenant in Place Fully Leased
- Welcoming reception and waiting area
- Staff and customer amenities
- Kitchenette for added convenience
- Ducted air conditioning for year-round comfort
- Built-in storage throughout
- Security system for peace of mind
Set on an 809m site, this property boasts highly sought-after on-site parking, secure low-maintenance grounds, motion-activated security gates, and prominent directory signage at the street front-ensuring excellent visibility.
Lease and Rental Details:
- Rent Per Annum: $55,000 + GST
- Outgoings: Council Rates, Water, ESL, Land Tax, and Building Insurance included in rent
- Lease Term: 5 years (Lease Start: 1/12/2024 Lease End: 30/11/2029)
- Options: One (1) Right of Renewal of Five (5) Years
- Rent Increases:
Fixed 3% increase annually during the initial term (1st December 2025, 2026, 2027 & 2028)
Zoned Employment, this asset is well-positioned in Port Lincoln's thriving commercial district, surrounded by established businesses and offering strong tenant demand.
Contact Steve Kemp or Georgie Kemp today for further details on this exceptional investment opportunity.
*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 89 Mortlock Tce, Port Lincoln, SA 5606
- 05 May 2025Sold for $685,000
- 26 Jun 2024Listed for Sale $725,000
- 03 Oct 2013Sold for $467,500
Recent sales nearby
See more recent sales nearby/assets/perm/tss5xn4kvyi6xnyub66ljhkwiy?signature=40b43f51cbec77d57fb5f076333e4048b356cb04cceacfcb81b5bec65a8731b1){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 8,898 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.
Suburb Insights for Port Lincoln 5606
Market Insights
Port Lincoln Trends for Houses
N/A
N/A
View TrendN/A
N/A
Port Lincoln Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
