SOLD

UNDER OFFER - FREEHOLD Luxury Beach Accommodation - Port Lincoln, Eyre Peninsula, SA

SA
UNDER OFFER - FREEHOLD Luxury Beach Accommodation - Port Lincoln, Eyre Peninsula, SA

Last asking price $1,650,000

Sold October 2023

Accommodation

Business ID: BS155203 - TWO TITLES - PREMIER ESPLANADE LOCATION – DEVELOPMENT POTENTIAL

Located in the heart of the city with the beach on your doorstep - Deco Beach Luxury Apartments offer multiple lucrative options.

This unmissable opportunity comprises 4 fully self-contained apartments for long and short-term accommodation, business or pleasure. The two-bedroom apartment with a stunning sea view affords a perfect lifestyle for a couple wanting to retire to the beach with an income from three other apartments or to live in one property entirely and income from two.

A full management option is also available - seamlessly facilitated by a complete online booking and management package.

· Port Lincoln’s premier Esplanade accommodation – Classic Art Deco Design

· First full year turnover grossed approx. $230k - Net return of approx. $135k - With all but managing bookings outsourced

· Perfectly located and beautifully renovated - 2 titles giving street to street convenience

· Spacious open plan living on one level - Ample space for comfortable living

· Heated outdoor pool, deck and BBQ area – Off-street parking

· Port Lincoln is a regular tourist stop for international, intra and interstate visitors – Largest town on the Eyre Peninsula

· Hotels, restaurants, supermarkets and shops an easy walk away

· Close to fantastic seafood and wine, spectacular coastline with untouched beaches, abundant wildlife

· World-famous aquatic activities - such as swimming with sharks, sea lions and whale watching

· Largest commercial fishing fleet in the Southern Hemisphere - Thriving aquaculture industry with world-renowned Coffin Bay oysters a short drive away

· This property has hosted the State Tourism Minister, TV celebrities, and international tourism agents

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The site also offers stunning development potential long-term – with concept plans for a 5-storey development available.

Price: $1.65 Million

Property Code: 3477
        

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