3/16 Adelphi Terrace, PORT LINCOLN, 5606, South Australia

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Subject: 3/16 Adelphi Terrace, PORT LINCOLN, 5606, South Australia

For sale

$149,000

Affordable Investment or Retirement Unit

Property ID: 20791686

Set in a quiet location, across the road from the Mundy’s Mooring Reserve and the Parnkalla trail you will love the private & peaceful lifestyle on offer. If you like long walks on the beach and breathing in the fresh sea air and listening to the birds chatter then this unit would be perfect for you.

If you want a good little investment that offers good returns with a secure tenant then this could be for you too!

The unit is set amongst 5 others and has its own allocated carport. A lovely long paved pergola area is out the front of this and the adjoining unit leading you to the front door from your allocated carport.

The open plan living/dining & kitchen has new timber look flooring and split system reverse cycle air-conditioner to keep you comfy year round.

The master bedroom is off the living area and is generously proportioned. The second bedroom is also spacious and cozily carpeted. The bathroom offers vanity, toilet & shower.

Stepping out the back you will be pleased to find a paved area, veggie patch, fruit tree and a clothes line.

Perfect for an investor, offering a good return on investment (currently receiving $190 per week on a periodic lease) and a tenant wishing to stay on. The unit would also suit a retiree, single or busy couple wanting a simple lock up and leave home base.

Inspection by appointment only.

Building / Floor Area65 sqm
Land Area87.0 sqm
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RLA 47056 Port Lincoln

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R&H Suburb SummaryHouses
Number of sales 195
Average Price $308,217
Median Price $290,000
Median Rental Price $300 p.w.
Change in Rental Rate (5yr) 2 %
R&H Suburb SummaryUnits
Number of sales 27
Average Price $232,333
Median Price $210,000
Median Rental Price $243 p.w.
Change in Rental Rate (5yr) 10 %
Port Lincoln, SA - Median Trend
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