Steve Newman
Agent Name
Australia | Port Macquarie
22 Warlters Street, Port Macquarie, NSW 2444
CBD development find; existing income, water views Outstanding opportunity for astute developer; from three existing homes, this elevated 4091sqm currently produces in excess of $105,000 annually but its magnificent CBD location, with views across Port's sparkling waterways, promises far greater rewards.
- Literally metres from the harbour foreshore; vast 4091sqm - Wide-fronted battleaxe accesses three neat older-style homes - Versatile configuration on single DP; preliminary drawings - Pending future development, four separate rental incomes - High-set, offering perfect northerly aspect across marina - Building height of 14.5 metres promises spectacular views - Strong existing income until development works commence - Paces to K-Mart, Settlement City, popular cafés and eateries - Clubs, medical centre nearby, foreshore stroll to CBD centre - Rare development opportunity, prime cosmopolitan CBD locale
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