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
The site also offers stunning development potential long-term – with concept plans for a 5-storey development available.
Price: $1.65 Million
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- State: South Australia