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Back 4/58 Hastings River Drive
Off Market

4/58 Hastings River Drive

Port Macquarie NSW 2444

2
1
1
Apartment
Last sold for $360,000
Alison SheppardAlison Sheppard, last sold this property on 28 August 2024 after 14 days on market.

Overview

Ideal First Home or Investment Opportunity: Neat 2-Bedroom Top Floor Apartment with Long-Term Tenant

This top-floor apartment, located at the rear of a small complex of just four units, offers a perfect blend of comfort, convenience, and potential. With two bedrooms, it's an ideal choice for first-time buyers or investors. The property boasts a sunny northeast-facing balcony, perfect for enjoying your morning coffee or soaking in the sunshine throughout the day. A standout feature of this apartment is its single lock-up garage, providing secure parking and additional storage space. The apartment itself is very neat and tidy, making it move-in ready while still offering the opportunity to add your personal touch and increase its value over time. Currently, the property is occupied by a fantastic long-term tenant who has expressed a desire to stay on, making this a solid investment opportunity with immediate rental income. The tenant's excellent track record ensures peace of mind for investors looking for a steady return. The apartment is well-positioned, with the local Clifton shops just a short walk away, offering easy access to everyday essentials and services. The location combines the benefits of a quiet, private setting with the convenience of nearby amenities. Whether you're stepping onto the property ladder for the first time or seeking a reliable investment, this apartment ticks all the boxes. Its combination of location, layout, and potential for value-adding improvements makes it a smart choice in today's market. - Top floor apartment in a small complex of four, located at the back. - 2 bedrooms with a sunny northeast-facing balcony. - Single lock-up garage; very neat and tidy condition. - Ideal first purchase or investment with a reliable long-term tenant. - Room to add value; well-positioned within a short walk to Clifton shops. Property Details: Council Rates: $2,500 p/a approx Strata Rates: $778.80 p/q approx Current Rent: $320 per week DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Port Macquarie over the last 12 months, the estimated median property value of 4/58 Hastings River Drive is $560k.

Median value
$560k
Estimated value range
$252k - $1.46m
Median days on market
42
Estimated value trend
4%
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 4/58 Hastings River Drive

2024
Sold
$360,000
Private Sale/Treaty on 28 Aug 2024 by Alison Sheppard, of Lifestyle Group. Port Macquarie

Happy sellers in Port Macquarie

80%
80% 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 162 reviews in Port Macquarie over the last 12 months.

Local market activity for 2 bedroom apartments in Port Macquarie

In the last 12 months, 111 two-bedroom apartments similar to 4/58 Hastings River Drive, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Port Macquarie

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Michelle Percival

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Corrine Cunningham

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