52 Matilda Street, Port Lincoln, SA 5606

$750,000

Block Of Units
Type
7
Bedrooms
3
Bathrooms
3
Parkings
1,000 m²
Area

Published on Wednesday, October 14, 2026 ( See property details for 52 Matilda Street, Port Lincoln, SA 5606)

$750,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile investment opportunity featuring three well-maintained rental properties on a substantial 1,000sqm block in Port Lincoln, offering immediate income and future development potential.

🏡 Property Highlights

  • Established rental income with multiple tenants generating consistent cash flow
  • Potential for future development or expansion, subject to council approval
  • Prime location close to Port Lincoln CBD, schools, and amenities
  • Large 1,000sqm landholding offering flexibility and future potential
  • Three separate rental properties on a single title providing diversification
  • Well-maintained properties in excellent original condition

✨ Key Features

  • Garage
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Shed
  • Waterfront / Views
  • Secure Parking
  • Pet-Friendly
  • Floorboards
  • Water tank

Port Lincoln is a vibrant coastal city renowned for its stunning waterfront, strong community spirit, and excellent amenities. The suburb offers convenient access to CBD, schools, shopping, and recreational facilities, making it an ideal location for both investors and residents seeking a relaxed lifestyle with urban convenience. The area benefits from ongoing development and a stable rental market, ensuring long-term growth potential.

What is the current rental income and potential for future income growth?
The current combined rental income is $585 per week, with potential to increase to approximately $1,040–$1,120 per week based on market conditions and improvements.
Are there any development restrictions or zoning considerations for the property?
The property is on a 1,000sqm allotment with potential for future development or subdivision, subject to council approval and planning regulations.
What condition are the existing properties in, and are there any renovation requirements?
All three residences are maintained in excellent original condition, with no immediate renovation needs identified.
Are there any ongoing costs or strata fees associated with the properties?
As the properties are on a single title, there are no strata fees; ongoing costs include maintenance, council rates, and insurance.
What are the nearby amenities and transport options?
The properties are conveniently located within easy reach of Port Lincoln CBD, schools, shopping centres, and public transport options.
Are there any existing planning or zoning restrictions that could limit future development or subdivision? Have all necessary approvals and permits been obtained for the current structures? Are there any known issues with the properties, such as pests, structural defects, or drainage problems? What are the total ongoing costs, including council rates, insurance, and maintenance? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any easements, covenants, or restrictions affecting the land or future use? What is the condition of the roof, plumbing, and electrical systems across the properties? Are there any upcoming council or community developments that could impact the property or neighbourhood? Is there potential for future rezoning or land use changes that could affect the property's value? Are there any existing lease agreements or tenancy issues that need to be disclosed?

52 Matilda Street, Port Lincoln, SA 5606 - More Details

$750,000

Presenting a unique investment opportunity in Port Lincoln, 52 Matilda Street comprises three established rental properties positioned together on one title of approximately 1,000sqm.

Offering multiple income streams from a single holding, the property presents an appealing opportunity for investors looking to secure an established residential investment with further potential to explore over time, subject to the necessary consents.

The property comprises:

• Two-bedroom cottage with single carport and shed – currently leased at $155 per week
• Unit 1 – Two bedrooms, one bathroom and single carport – currently leased at $240 per week
• Unit 2 – Two bedrooms, one bathroom and single carport – currently leased at $190 per week

All three residences have been maintained in excellent original condition and provide an existing combined rental income of $585 per week.

Based on current market conditions, the estimated rental potential is approximately $1,040–$1,120 per week, comprising an estimated $340–$360 per week for the cottage and $350–$380 per week for each of the two-bedroom units.

Positioned within easy reach of the Port Lincoln CBD, schools, shopping and everyday amenities, the property combines an established income-producing asset with a substantial landholding.

For investors, the opportunity to hold three separate rental properties on one title provides diversification across multiple tenancies, while the approximately 1,000sqm allotment may also provide longer-term flexibility and potential, subject to council consent.

Whether you are looking to retain the existing tenancies, progressively improve the properties and rental returns, or investigate the site's future possibilities, 52 Matilda Street represents an investment opportunity worthy of consideration.

Contact Steve Kemp or Georgie Kemp at Kemp Real Estate to arrange an inspection and discuss the property further.


* Photographs provided in this advertisement are of the Cottage and Unit 1 only. Unit 1 is representative of the two bedroom units within the complex. Interested parties should make their own enquiries and inspect the property to satisfy themselves as to the individual layout, presentation and condition of each unit. Some images in this advertisement include AI-generated virtual furniture and décor for illustrative purposes only. These images are intended to demonstrate the potential use and presentation of the space and do not represent the current furnishings of the property. Interested parties are advised to inspect the property to satisfy themselves as to its current presentation and condition.


* All information provided has been obtained from sources we believe to be reliable; however, we cannot guarantee its accuracy and accept no liability for any errors or omissions (including, but not limited to, a property's land size, boundary information, floor plans and dimensions, building age and condition). Interested parties should make their own enquiries and obtain independent legal and professional advice.
Type
Block Of Units
Bedrooms
7
Bathrooms
3
Parkings
3
Area
1,000 m²
House Size
505 m²

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