Back 151 Lake Rd
Off Market

151 Lake Rd

Port Macquarie NSW 2444

5
2
2
2207 m²
House
Shannon WoodShannon Wood, last sold this property on 21 July 2025 after 35 days on market.

Overview

Dual-Villa Site with DA Approval In-Town Opportunity with Outstanding Potential

An exceptionally rare offering in one of Port Macquarie's most connected locations, this dual-villa property presents a wealth of possibilities for developers, builders, investors or families seeking flexible living and future growth. Set on a generous 2,207 m² block, the property comprises two solid brick villaseach with its own carportand a large, level parcel of land to the rear. With DA approval already in place for subdivision and construction of a new single level home on its own 1504m2 block, the groundwork has been laid for a lucrative development or multi-generational living solution. Enjoy unparalleled convenience with direct access to Lake Road, allowing for swift commutes and seamless access to the CBD, beaches, medical precincts and schools. The location blends residential comfort with urban convenience, making it a practical and future-focused investment. Property Features: - One 3-bedroom villa with 1 bathroom and single carport - One 2-bedroom villa with 1 bathroom and single carport - Solid construction ideal for ongoing rental, renovation or redevelopment - Spacious rear block of 1504m2 with DA approval to subdivide and build a new house or villas - Create two separate titles with scope and opportunity - Flexible layout suitable for multi-generational families or income-producing investment Lifestyle & Location: - Centrally located close to Port Macquarie's CBD, medical services, beaches and schools - Perfect blend of accessibility and privacy, with thoughtful separation from the main road - Quiet residential setting with exciting development potential in a growing community Whether you're seeking to build, invest, renovate or reside, this unique property offers the scale, location and approvals to support your visionnow and into the future. For more information or to arrange a private inspection, contact Shannon Wood at Patterson First National Real Estate today. A versatile opportunity like this is rarely available in such a prime in-town position. Property Type: Villa's Council Rates: $3,200 pa Rent: $800 pw (potentially) Land Size: 2,207 sqm IDENTIFICATION MAY BE REQUIRED FOR ENTRY TO ALL OPEN FOR INSPECTIONS

Features

5 bedrooms
2 bathrooms
2 carspaces
2207 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Port Macquarie over the last 12 months, the estimated median property value of 151 Lake Rd is $1.25m.

Median value
$1.25m
Estimated value range
$880k - $3.25m
Median days on market
35
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Port Macquarie. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 151 Lake Rd

2025
Sold
Undisclosed
Private Sale/Treaty on 21 Jul 2025 by Shannon Wood, of Patterson First National Real Estate
2020
Sold
$645,000
25 May 2020 by Shannon Wood, of Patterson First National Real Estate

Happy sellers in Port Macquarie

83%
83% of sellers in Port Macquarie reported that their sale price either exceeded or met their price expectations.

Port Macquarie stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 161 reviews in Port Macquarie over the last 12 months.

Local market activity for 5 bedroom houses in Port Macquarie

In the last 12 months, 43 five-bedroom houses similar to 151 Lake Rd, have been sold.

This represents a 15% increase in five-bedroom houses sales when compared to the previous 12 months.

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