Back The Southern Cross Penthouse 705/The Observatory Hotel 40 William Street
Off Market

The Southern Cross Penthouse 705/The Observatory Hotel 40 William Street

Port Macquarie NSW 2444

3
2
2
Apartment
Sue JogeverSue Jogever, last sold this property on 01 November 2016 after 187 days on market.

Overview

Penthouse with Panoramic Views

This impressive three-bedroom penthouse apartment is located on the 7th floor of The Observatory Hotel. Offering a prime north aspect providing breathtaking vistas over the ever-changing blue Pacific stretching to the horizon, Breakwall and parklands. “This is one of Australia’s most awarded independent apartment hotels and our Penthouses represent a unique lifestyle or investment opportunity. Since opening, this is the first time we have had a Penthouse Apartment available for sale.” Said Chris Denny Hotel Manager. The spacious living, dining and master bedroom open up to the wide balcony for private relaxation or large scale entertaining throughout the year. High ceilings and open plan design maximize sunlight and breezes and with ducted air conditioning you can control your own climate. Décor features subtle tones with beautiful hardwood floors in the living areas and plush woollen carpets in the bedrooms. The well-appointed kitchen includes a breakfast bar with Caesarstone benchtops, stainless steel European appliances and dishwasher. The other two generous bedrooms face out to their own balcony with commanding views over town and the beach. Both bathrooms are luxurious with frameless glass showers and quality fittings. The new owners will be able to enjoy the hotel’s facilities such as indoor heated lap pool, spa, sauna and BBQ entertaining area, while on your doorstep is a café, award winning restaurant, day spa and boutique. Perfectly positioned opposite Town Beach and within walking distance to Port Macquarie town centre, parklands and coastal walks, this penthouse provides the perfect lifestyle to enjoy.

Features

3 bedrooms
2 bathrooms
2 carspaces
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Port Macquarie over the last 12 months, the estimated median property value of The Southern Cross Penthouse 705/The Observatory Hotel 40 William Street is $1.06m.

Median value
$1.06m
Estimated value range
$283k - $2.6m
Median days on market
50
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 The Southern Cross Penthouse 705/The Observatory Hotel 40 William Street

2016
Sold
Undisclosed
01 Nov 2016 by Sue Jogever, of Belle Property Port Macquarie

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 164 reviews in Port Macquarie over the last 12 months.

Local market activity for 3 bedroom apartments in Port Macquarie

In the last 12 months, 39 three-bedroom apartments similar to The Southern Cross Penthouse 705/The Observatory Hotel 40 William Street, have been sold.

This represents a 3% increase in three-bedroom apartments sales when compared to the previous 12 months.

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