A potential development site of over 4000 sq metres in a prime location in Port Macquarie - which continues to be one of the fastest growing areas in NSW.
Currently operating as a holiday letting complex with strong returns from the 27 properties on site. One of the strongest considerations when contemplating a development's potential is location. This block is close to beaches, Port City Bowling Club, PCYC, Hastings Secondary College, parks and reserves and many of Port Macquarie's best cafes, restaurants & shops.
- Complex features 60 bedrooms, 27 bathrooms, and 24 car parks.
- Total block size 4040 sqm, - great location rarely offered
- Development potential for luxury apartments
- 600m to Town Beach, CBD within 1.5kms
- Sweeping ocean views to the east, mountain views to the west
- Great choice of quality schools and a thriving University
- Airport, hospital & excellent medical facilities all close by
The site features dual wide road frontage, enhancing accessibility and visibility. Offering a clean slate for developers, providing a unique opportunity to fully capitalize on this prime location. This blank canvas allows for creative and strategic development, making it an exceptional prospect for maximizing the potential of this uniquely positioned block.
A great place to live. A fantastic opportunity to develop to meet demand.
Luxury apartments in the area are in great demand and experiencing strong sale prices and rental returns. This is a prime location, primed to take advantage of Port Macquarie's future growth.
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