SOLD
Sold on 29 Jul 2024 for $650,000

26 Tasman Terrace
Port Lincoln SA 5606

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 302m2
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Property Details for 26 Tasman Tce, Port Lincoln

Building Type
Commercial
Land Size
302m2
Local Government
Port Lincoln
Lot/Plan
A6/F151731

Last Listing description (July 2024)

Secure this freehold property in the heart of Port Lincoln with a well presented 2 bedroom residential unit and a ground floor commercial building. Purchase as an investment with future development potential or occupy and invest!

- Two storey freehold building.
- Sought after position benefiting from high pedestrian and vehicle traffic.

- Ground floor office/shop for commercial use.
- Large 2 bedroom residence on the first floor accessed via side lane.
- Excellent scope to significantly improve returns.
- Strategic tightly held position poised for growth.
- Situated on revitalised strip surrounded by established retail, services and offices.
- Boston Bay views from first floor.
- Zoned - Suburban Main Street - SMS

Residential Apartment:
- 2 bedrooms
- 1 Bathroom
- Large living room
- Undercover balcony overlooking Boston Bay
- Side access via lane way accessible from Tasman Terrace

Ground Floor:
- Large retail open space with office space and large vault.
- Reception area

Contact Carl Semmler for further details and inspection arrangements.

*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 26 Tasman Tce, Port Lincoln, SA 5606

A timeline of how this property has performed in the market
Last Sold
$650,000
29 Jul 2024
Listed for Rent
$470/w
10 Feb 2020
  • 29 Jul 2024
    Sold for $650,000
  • 17 Jul 2024
    Transferred
  • 03 Jun 2022
    Listed for Sale $650,000
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About Port Lincoln 5606

The size of Port Lincoln is approximately 34.2 square kilometres. It has 64 parks covering nearly 5.9% of total area. The population of Port Lincoln in 2011 was 14,088 people. By 2016 the population was 14,144 showing a population growth of 0.4% in the area during that time. The predominant age group in Port Lincoln is 50-59 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 2011, 59.7% of the homes in Port Lincoln were owner-occupied compared with 61.1% in 2016.

Port Lincoln has 8,886 properties. Over the last 5 years, Houses in Port Lincoln have seen a 75.96% increase in median value, while Units have seen a 31.50% increase. As at 31 August 2024:

  • The median value for Houses in Port Lincoln is $437,618 while the median value for Units is $238,498.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 80 properties listed for sale, and 36 properties listed for rent in Port lincoln on OnTheHouse. According to CoreLogic's data, 423 properties were sold in the past 12 months in Port lincoln.

Suburb Insights for Port Lincoln 5606

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.