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Overview
This property presents an exceptional investment or redevelopment opportunity in the vibrant Port Macquarie area, offering a rare dual residence setup on a spacious 689 sqm parcel. Its two-level design cleverly accommodates two separate two-bedroom units, providing flexibility for investors or extended families. The ground floor unit has been refreshed with new carpet, blinds, and paint, featuring a spacious living area distinct from the dining space adjacent to an original kitchen equipped with electric cooking and ample storage.
Both bedrooms comfortably fit double beds and share a conveniently located bathroom, ensuring functional living space. The upper unit boasts sweeping mountain views, natural light flooding in, and a timber deck perfect for enjoying quiet moments such as sunsets or morning coffee. Inside, the open-plan lounge and dining area with solid timber floors creates a warm and inviting atmosphere, complemented by a separate kitchen with extensive pantry space, plentiful storage, and a dishwasher, enhancing everyday convenience.
A versatile sunroom offers additional living or office space, adaptable to lifestyle needs. The bedrooms upstairs include built-in robes and share an updated, light-filled bathroom. The upper unit benefits from a secure tenancy at $480 per week, while the ground floor unit has a rental potential around $400 per week, ensuring consistent income. Shared laundry facilities serve both levels, and the property is complemented by a large rear yard, adding to its appeal.
Close proximity to schools, shops, and transport links makes this property highly accessible. With the rental market maintaining strength and limited availability of large blocks near the central business district and beaches, this investment offers both immediate income and potential for future development. A pest and building report is available to inform interested parties.
Local Market Insights
In Port Macquarie, Quiet Listings observed 94 new houses entering the market over the last 30 days, up from 29 during the previous 30-day period, with an average advertised asking price of $1,099,862. The property type mix of listed properties is predominantly Houses at 51%, followed by apartments (14%), and villas (11%). HEM Real Estate was the most active agency in this area, representing 25.8% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Port Macquarie NSW 2444
Market Insights for Port Macquarie NSW 2444
Other properties in this postcode
* 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.
