Development Site - 44 Apartments This great development site is just a gentle stroll from Port Macquarie's famous Town Beach and CBD. The 3,054m2 site is DA approved for 44 units with a mix of 1, 2 and 3 bedroom units ranging in size from 64m2 to 160m2 across 6 levels with lower level parking. The site is being sold with 4 existing houses that are generating rental income in excess of $77,000 per annum.
Port Macquarie continues to exhibit solid population growth and high demand for modern properties. With very few apartments built in recent years this represents a tremendous opportunity to secure an outstanding developmen...
High Profile Development Site * Gateway site to high growth Port Macquarie
* Approximately 23 acres (9.27 hectares)
* Residential zoned (R1)/Mixed use zoning
* 3 road frontages
* D/A flexible
* Beside future industrial/business precinct
* A unique and prominent location with a high volume of vehicular traffic
* Major growth area
* Shops, schools and bus service nearby
Attention All Developers Expressions of interest are sought for 3.92 hectares of land in this growth area of Port Macquarie. This large undeveloped parcel of land borders the main industrial area and a quality residential subdivision. Located close to the Lake Innes Village Shopping Centre and just a few hundred metres from the new university, this site offers a great investment opportunity with a unique location.
There is potential to subdivide, develop student accommodation, or build a dream home - all subject to council approval. The current owner is motivated to sell and will consider all reasonable proposals.