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35 Phar Lap Circuit

Port Macquarie NSW 2444

5
3
2
0 sq.
516 m²
House
Currently for sale - view listing

Overview

Dual Income Opportunity – No Strata Fees

This modern five-bedroom dual-occupancy residence presents an outstanding opportunity for investors or owner-occupiers seeking strong returns and flexible living — all on one title with no strata fees. Currently leased at $1,075 per week, with an anticipated combined rental return of up to $1,120 per week, the property comprises two low-maintenance dwellings under one roof, each offering privacy, contemporary styling and level living throughout. The principal residence features open-plan living and dining, a stylish gourmet kitchen with expansive bench space, quality appliances and dishwasher, three generous bedrooms with built-in wardrobes, a chic master ensuite and a modern family bathroom. The second dwelling offers two bedrooms, open-plan living, a modern kitchen and bathroom — ideal for dual income, extended family or multigenerational living. Both homes enjoy sunlit interiors, air conditioning, private entries, individual garage's, and seamless flow from indoor living spaces to low-maintenance outdoor entertaining areas. Additional features include a water tank and quality contemporary finishes throughout. Conveniently positioned in a quiet street, the property is within a 5-minute drive to the base hospital, medical precinct, university, schools, cafés and a major shopping centre, and approximately 10–15 minutes to the CBD and beaches. Property Highlights: • Two dwellings under one roof on a single title • No strata fees • Anticipated combined rental return up to $1,120 per week • Modern contemporary design with clever, functional layout • Ideal investment or extended family living • Dual living, dual income with current tenancies in place • Close to shops, university, schools and medical precinct Property Type: Dual Occupancy Council Rates: $3,650 pa Rent: $1,120 pw Combined (Anticipated) Land Size: 516 sqm IDENTIFICATION MAY BE REQUIRED FOR ENTRY TO ALL OPEN FOR INSPECTIONS

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
0 sq. floor area
516 m² lot size
House

Property history for 35 Phar Lap Circuit

2025
Rented
Undisclosed
Leased on 30 Apr 2025 by Patterson First National Real Estate
2022
Rented
Undisclosed
Leased on 13 Feb 2022 by Rental Properties Port Macquarie
2018
Sold
Undisclosed
07 May 2018 by Kirstie Shaw, of Wauchope 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, 44 five-bedroom houses similar to 35 Phar Lap Circuit, have been sold.

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

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