15-17 Gordon Street
Port Macquarie


Auction - Offers Welcome Prior

6
6
11

Property Dates and Times


Property Features


Property ID: 3419890

Council Rates
$6200 per year
Land Size
935.00 m2

GOLDEN INVESTMENT OPPORTUNITY


We are offering the option for virtual inspections by video, contact the agent with any questions or to arrange an inspection.

Positioned in the enviable Eastport precinct, this quality asset offers a versatile opportunity for investors and developers. Boasting a large site area of approx 935 sqm being 2 lots of land (2 titles). With its favourable zoning, makes for one of the most desirable 'value add' acquisitions of 2020 for any astute purchaser.

This magical location puts all of the lifestyle attractions of Port Macquarie at your fingertips. It's an easy 350m stroll to Town Beach or level walk into Port town/CBD, where there is a fabulous selection of boutique shops, popular dining venues, library and town pool.

A developer's dream, with continued high demand in this location and endless opportunity to hold, plan, re-develop and profit.

* 5 x 2 bedroom villas plus 1 x 1 bedroom villa situated on 2 titles
* Gross income of approximately $77,000 per annum
* Excellent long standing tenants in place with zero rental arrears
* Close proximity to Town Beach, CBD, and Port City Bowling Club
* Prized lifestyle, take early morning swims, surf year-round
* Perfectly positioned to indulge in all of Port's lifestyle attractions
* A golden investment opportunity awaits for the astute investor/ developer

Rental Potential: Leased at $1,490 per week

IDENTIFICATION REQUIRED FOR ENTRY TO ALL OPEN FOR INSPECTIONS