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Overview
This distinctive coastal property, known locally as 'The White House', presents a rare opportunity as a landmark investment asset located just moments from the pristine beaches of Port Macquarie. Offering a unique combination of immediate income and flexible accommodation, the site accommodates six two-bedroom apartments complemented by a three-bedroom residence currently used as onsite caretaker accommodation.
The property's charm is deeply connected to its authentic seaside setting. Its covered balconies and shared outdoor spaces, including a maintained grassed yard and barbecue facilities, foster a communal and relaxed atmosphere, ideal for both permanent residents and holidaymakers. Practical enhancements such as individual laundry access for the caretaker unit alongside a shared facility for the apartments, solar power installation, and secure garaging for six vehicles add layers of functional convenience and sustainability.
Situated at the end of Hill Street with the ocean just steps away, residents enjoy effortless access to some of the region's most scenic coastal walks and beaches, including Town Beach, Oxley Beach, Flynns Beach, and Nobbys Beach. The nearby Flynns Beach precinct offers a variety of essential services, eateries, and amenities within easy walking distance, enhancing the property's lifestyle appeal.
Constructed with light interiors, floorboards, and practical kitchens, the apartments promote easy living with low maintenance, aligning with the expectations of modern coastal living while preserving a welcoming community feel. The property’s coastal location, coupled with its established income and future redevelopment potential—subject to council approval—makes it a highly versatile asset suited for investors seeking both immediate returns and long-term capital growth.
Overall, 2-4 Hill Street stands as a compelling proposition for buyers valuing premium coastal holdings in established locations, offering not just a proven accommodation asset but a piece of one of Port Macquarie’s most cherished beachside neighborhoods.
Local Market Insights
In Port Macquarie, Quiet Listings observed 26 new apartments entering the market over the last 30 days, up from 8 during the previous 30-day period, with an average advertised asking price of $859,885. 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.
