Under Offer
Unlock a solid investment opportunity in the Lincoln Park Light Industrial Estate. Strategically located just off Waterport Road, Hindmarsh Valley-mere minutes from Victor Harbor and just over an hour from the Adelaide CBD-this property combines immediate returns with significant development potential.
- Reliable Income Stream: Current gross income of approximately $55,000 (2023/2024) from 14 storage sheds, 23 shipping containers plus open space caravan storage all leased on monthly rental agreements.
- Expansive Landholding: Two titles offering a combined land area of approximately 7,528 sqm, providing ample room for future expansion.
- Growth Potential: Unused site space and a large portion of a shed currently reserved by the owners present an opportunity for additional storage units, shipping containers, or other industrial uses (STCC).
Located in the bustling Lincoln Park Light Industrial Estate, the site enjoys proximity to Victor Harbor and excellent accessibility to Adelaide. Its prime position makes it highly desirable for current and future tenants.
This versatile asset is ideal for investors seeking passive income with the ability to scale returns through development or reconfiguration.
Don't miss this unique opportunity-secure your investment in a growing industrial hub.
Disclaimer - Every precaution has been taken to establish the accuracy of the material herein. Prospective purchasers should not confine themselves to the contents but should make their own enquiries to satisfy themselves in all respects. Ray White Goolwa / Victor Harbor will not accept any responsibility should any details prove to be incomplete or incorrect - RLA 298107.