Positioned in one of Port Lincoln's most convenient residential precincts, this exceptional investment presents a rare opportunity to secure a fully leased complex of six units delivering immediate income, long term stability and future potential.
Returning approximately $86,840 per annum (approximately $1,670 per week), the property provides strong, diversified cash flow from six established tenancies, making it an ideal addition to an investment portfolio.
Set on a generous 1,172m² allotment, the complex comprises five two bedroom units and one three bedroom unit, all constructed of solid brick for durability and low ongoing maintenance. The multiple income streams provide increased security while reducing vacancy risk, offering investors confidence in a consistently performing asset.
Ideally located just moments from the Port Lincoln CBD, schools, shopping, medical facilities and everyday conveniences, the property continues to benefit from strong tenant demand in a tightly held rental market.
In addition to its impressive rental performance, the substantial allotment presents future value add opportunities, including the potential for further enhancement or redevelopment, subject to the necessary planning consents.
What Investors Will Love
- Fully leased complex of six units on one title
- Gross rental income of approximately $86,840 per annum
- Five 2 bedroom units and one 3 bedroom unit
- Solid brick construction offering low maintenance ownership
- Diversified rental income from multiple tenancies
- Generous 1,172m² allotment
- Strong tenant demand in a convenient residential location
- Close to the CBD, schools, shopping and medical facilities
- Future development or value-add potential (Subject To Planning Consents)
Investment opportunities of this calibre are tightly held and seldom offered to the market. Whether you're expanding an established portfolio or securing a high-performing residential asset with immediate returns, 51 Tobruk Terrace represents an outstanding opportunity to invest in one of Port Lincoln's most reliable rental locations.
Port Lincoln is recognised as the commercial and service hub of the Eyre Peninsula, supported by a diverse economy including seafood and aquaculture, agriculture, transport and logistics, healthcare, education, retail and tourism. This broad economic base continues to attract workers and families to the region, underpinning consistent demand for quality rental accommodation and providing confidence for long-term property investors.
A comprehensive Information Memorandum is available upon request.
Please contact Carl or Jaclyn for further details.
* Floor plans have been provided for Unit 1 (three bedroom configuration) and Unit 2 (two bedroom configuration). Units 3, 4, 5 and 6 are of a similar layout and configuration to Unit 2.
*Photographs provided in this advertisement are of Unit 1 and Unit 6 only. Unit 6 is representative of the two bedroom units within the complex. Interested parties should make their own enquiries and inspect the property to satisfy themselves as to the individual layout, presentation and condition of each unit.
Some images in this advertisement include AI-generated virtual furniture and décor for illustrative purposes only. These images are intended to demonstrate the potential use and presentation of the space and do not represent the current furnishings of the property. Interested parties are advised to inspect the property to satisfy themselves as to its current presentation and condition.
*All information provided has been obtained from sources we believe to be reliable; however, we cannot guarantee its accuracy and accept no liability for any errors or omissions (including, but not limited to, a property's land size, boundary information, floor plans and dimensions, building age and condition). Interested parties should make their own enquiries and obtain independent legal and professional advice.
