About this property
1 Swaffer Street is a residential‑land parcel positioned on a main arterial road in Port Lincoln, with a corner layout that benefits from the southern flow of the city and easy access to the developing Mortlock Terrace retail and commercial precinct.
The site carries an existing 5 + 5 year lease at $120,000 per annum (plus GST) and includes an underground petroleum storage system for which a test report is available, providing both development flexibility and an income component. Sold for $1,225,000 on 5 Apr 2012