For Sale

35 Phar Lap Circuit, Port Macquarie NSW 2444


5
3
2
516m2
$1,195,000

Dual Income Opportunity – No Strata Fees

This modern five-bedroom dual-occupancy residence presents an outstanding opportunity for investors or owner-occupiers seeking strong returns and flexible living — all on one title with no strata fees.

Currently leased at $1,075 per week, with an anticipated combined rental return of up to $1,120 per week, the property comprises two low-maintenance dwellings under one roof, each offering privacy, contemporary styling and level living throughout.

The principal residence features open-plan living and dining, a stylish gourmet kitchen with expansive bench space, quality appliances and dishwasher, three generous bedrooms with built-in wardrobes, a chic master ensuite and a modern family bathroom.
The second dwelling offers two bedrooms, open-plan living, a modern kitchen and bathroom — ideal for dual income, extended family or multigenerational living.

Both homes enjoy sunlit interiors, air conditioning, private entries, individual garage's, and seamless flow from indoor living spaces to low-maintenance outdoor entertaining areas. Additional features include a water tank and quality contemporary finishes throughout.

Conveniently positioned in a quiet street, the property is within a 5-minute drive to the base hospital, medical precinct, university, schools, cafés and a major shopping centre, and approximately 10–15 minutes to the CBD and beaches.

Property Highlights:

• Two dwellings under one roof on a single title
• No strata fees
• Anticipated combined rental return up to $1,120 per week
• Modern contemporary design with clever, functional layout
• Ideal investment or extended family living
• Dual living, dual income with current tenancies in place
• Close to shops, university, schools and medical precinct

Property Type: Dual Occupancy
Council Rates: $3,650 pa
Rent: $1,120 pw Combined (Anticipated)
Land Size: 516 sqm

IDENTIFICATION MAY BE REQUIRED FOR ENTRY TO ALL OPEN FOR INSPECTIONS

Property Features
  • House
  • 5 bed
  • 3 bath
  • 2 Parking Spaces
  • Land is 516 m²
  • 2 Garage
  • Dishwasher
  • Built In Robes
  • Outdoor Entertaining
  • Fully Fenced