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4 Clarence Street
Port Macquarie NSW 2444
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Sold on 30 Jan 2024

4 Clarence Street Port Macquarie NSW 2444

  • Hotel, Motel, Pub & Leisure
  • 1,783 m²
  • Sold

Exciting approved development with existing income

  • 1783sqm corner block
  • DA for 48 luxurious apartments
  • 22/23 Gross return $382,579

Outstanding opportunity: On a 1783sqm corner block, just paces from Port Central, Town Green and harbour foreshores, this parcel of ten income-producing dwellings has DA approval for development of 48 luxurious water-view apartments, over eight levels.

- Exciting development opportunity, in the heart of Port CBD
- Approved for 48 luxurious apartments plus swimming pool
- Steps from shops, cafés, restaurants; prime central location
- Easy stroll to Town Green or cosmopolitan Town Beach
- Ten apartments enjoy high occupancy, 22/23 Gross return $382,579
- Landmark building, in heart of Port Macquarie's vibrant CBD
- Strong reliable income, until ready to commence construction
- Figures, plans and approvals, available for buyer/developer
- Opportunity to shape future of Port Macquarie's town centre
- Interested investors/developers please contact McGrath today
- Current DA approval in place

EXPRESSION OF INTEREST

Closing date and time15/12/2023 17:00
Recipient nameAsk Agent
Delivery addressAsk Agent
McGrath Port Macquarie
McGrath Port Macquarie
G1, 149 Gordon St
Port Macquarie, NSW 2444

Property Highlights

Date Sold30 Jan 2024
Floor AreaAsk Agent
Land Area1,783 m²
Parking9 x Onsite parkings
Building TypeWhole building
Property ID2018887449
Category
Last updated  30 Jan 2024
Map for 4 Clarence Street Port Macquarie NSW 2444

Nearest transport* to 4 Clarence Street Port Macquarie NSW 2444

Bus
Train
Tram
Ferry
Port Macquarie Public School, School St110 m
Munster St at Church St329 m
Clarence St before Hay St337 m
Clarence St after Hay St349 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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McGrath Port Macquarie
McGrath Port Macquarie
G1, 149 Gordon St
Port Macquarie, NSW 2444

Property Highlights

Date Sold30 Jan 2024
Floor AreaAsk Agent
Land Area1,783 m²
Parking9 x Onsite parkings
Building TypeWhole building
Property ID2018887449
Category
Last updated  30 Jan 2024

Co-Agents

Todd Bates
McGrath Port Macquarie
Call
0420318305
Steve Newman
McGrath Port Macquarie
Call
0425 252 520

More about 4 Clarence Street Port Macquarie NSW 2444

4 Clarence Street Port Macquarie NSW 2444 is categorized as Hotel, Motel, Pub & Leisure Property. It has a land area of 1,783 m². There are 9 x onsite parkings.The listing ID for this property is 2018887449.

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