75-77 Clarence Street Port Macquarie NSW 2444

Offices
185 m²
Sold

Rare Affordable NSW Government Leased Investment

For Sale By DPT - Indicative Price $1.25M Yield 6% - Closing 4pm 16 May 2019

Secure 5 year lease to 2021 + option to 2026
Government tenant: Environment Protection Agency (EPA)
Waterside location in the heart of Port Macquarie
Port Macquarie, established coastal City undergoing rapid growth
Population forecast to soar by over 24% to 103,993 by 2036
Modern building recently constructed in 2007
Large & bright 185 sqm office with brilliant water views
2 valuable basement car parks on title
Guaranteed rental growth, fixed 2.5% annual rental increases
Net lease, tenant pays outgoings, as per the lease
Strong tenant commitment, significant tenant upgrade in 2019
Easily managed, Government tenant investment
Net Income: $75,382 pa + GST

Zoning

Address	75-77 Clarence Street Port Macquarie NSW 2444
Zoning	B3 Commercial Core
Council	PORT MACQUARIE-HASTINGS COUNCIL
	We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	30 Jun 2019
Floor Area	185 m²
Land Area	211 m²
Parking	Ask Agent
Property ID	2013625983
Category	Offices Medical / Consulting
Last updated	20 Dec 2019

Map for 75-77 Clarence Street Port Macquarie NSW 2444

Nearest transport* to 75-77 Clarence Street Port Macquarie NSW 2444

Bus

Short St After Barracks Lane	108 m
Short St Before Barracks Lane	148 m
Clarence St After Hay St	260 m
Clarence St Before Hay St	272 m

*Within a 4km radius

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Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	30 Jun 2019
Floor Area	185 m²
Land Area	211 m²
Parking	Ask Agent
Property ID	2013625983
Category	Offices Medical / Consulting
Last updated	20 Dec 2019

Listed by

Rhys Parker

Burgess Rawson Sydney

Call

0451 101 042

More about 75-77 Clarence Street Port Macquarie NSW 2444

75-77 Clarence Street Port Macquarie NSW 2444 is categorized as Office. It has a floor area of 185 m². The listing ID for this property is 2013625983.