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Rent Returns + Development Potential = Opportunity

CBD Abode with Studio

This ultra-conveniently positioned fringe CBD character home, offers huge scope for the budding investor or developer. Currently rented at $880PW combined, with the main home on lease until Aug 24 at $600PW and the studio on lease until Jan 25 at $280PW.

Just sit and collect rent or plan to develop the land (STCA) to take advantage of this increasingly popular & convenient location of Port Macquarie.

Resting on a huge 1,054 sqm allotment in a desirable street, this 4-bedroom property with a separate studio delivers an exceptional opportunity in a handy location. They are not making any more land this close to all of Port's amenities and town centre with these excellent returns.

The 4 bedrooms home has a spacious updated kitchen with an open plan design that allows you to enjoy meal times as a family. A separate rumpus room and outdoor balcony gives you the ultimate entertaining area overlooking the rear yard.

Perfectly positioned – supermarket, shops, CBD, transport, medical, gym, all within 150 metres of property.

Don't sleep on the wonderful opportunity, express your interest today.
All reasonable offers considered before Auction.

- Combined rent of $880PW from main home and studio
- Separate electricity meters for ease of managing the tenants bills.
- Ultra convenient location with 1054m2 land, ripe for development or landbank
- Nothing to spend, just collect the rent while making plans
- Main home features include 4 large bedrooms, 2 living areas
- Hardwood timber floors, upgraded kitchen & bathroom
- Separate open plan self-contained studio underneath main home
- Side access into the huge rear yard, suitable for another dwelling
- Scope to develop the whole block with villas or townhouses (STCA)
- 80 metres to shopping centre, shops and medical
- All offers considered before Auction

Property Type: House & Studio
Council Rates: $3,900 pa
Property Age: 64 years
Land Size: 1,054 sqm

IDENTIFICATION MAY BE REQUIRED FOR ENTRY TO ALL OPEN FOR INSPECTIONS

Features

Deck Fenced
5 Beds 2 Baths 2 Cars
Address 26 Ackroyd Street, Port Macquarie
Price SOLD
Property Type Residential
Property ID 647
Category House
Land Area 1,054 m2

Agent Details

Shannon Wood photo

Shannon Wood

02 6583 6000
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Craig Barnett photo

Craig Barnett

0423 831 370
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