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136 William Street
Port Macquarie, NSW 2444
$375,000
Overview
5% NET RETURN……….5% NET RETURN….. CALLING SMSF MANAGERS
This 1 bedroom apartment in the Quayside Mantra complex in Port Macquarie offers an attractive investment opportunity with a net return of 5% based on the 2024/25 financial year income details at the listed price of $375,000.
Ideal for first-time investors or seasoned investors, this apartment is a reliable income generator. The complex benefits from experienced hotel management and staff dedicated to maximizing income and returns, contributing to its 4-star rating through ACCOR.
Residents and owners enjoy secure car accommodation, a heated rooftop pool, a fully equipped gym, BBQ facilities, and a spa, enhancing the lifestyle appeal of the property.
Located in the CBD precinct, the apartment faces north and offers pleasant river views, making it a desirable location for tenants and owners alike.
This investment suits those looking for a steady income stream, including SMSF holders with available cash. Owners are entitled to enjoy two weeks per annum for personal use, providing a balance between investment and lifestyle benefits.
Additional costs include council rates of approximately $1,900 per annum and strata fees of about $2,006 per quarter.
Location
Port Macquarie NSW 2444
Market Insights for Port Macquarie NSW 2444
Other properties in this postcode
$2,000,000 - $2,100,000
25 Watonga Street, Port Macquarie NSW 2444
Price Guide $695,000 - $750,000
3 Boundary Street, Port Macquarie NSW 2444
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
