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Overview
Situated in a desirable and convenient location, this villa at 15 Butler Lane offers a compelling investment prospect secured by an established lease that ensures immediate rental returns. This characteristic provides investors with a substantial advantage, allowing for income generation from the moment of settlement without the customary waiting periods.
The property benefits from careful maintenance, presenting a residence that is move-in ready once the current tenancy concludes. This flexibility is appealing not only to investors but also to those considering future owner-occupation, offering adaptability to shifting plans.
Owners residing out of town have expressed strong motivation to sell quickly, creating a favourable context for prospective buyers seeking value. The home itself embodies a low-maintenance lifestyle that appeals broadly, with three bedrooms and a single bathroom complemented by secure parking within a garage space.
Key highlights include:
- Secure lease in place, providing assured income.
- Well-kept and ready for occupation post-tenancy.
- Low-maintenance structure suited to a variety of buyers.
- Suitable for both investment expansion and future personal use.
- Reliable vendor motivation enhances purchase opportunity.
This property stands out as a practical addition to an investment portfolio or a strategic future home purchase, balancing immediate financial return with long-term utility. Prospective buyers are encouraged to explore this opportunity without delay, as such motivated sales with guaranteed income seldom remain available for long.
Additional considerations include annual rates of $2850 and quarterly strata fees of $850, reflecting the costs associated with ownership. The villa's three-bedroom, one-bathroom configuration, combined with a single garage, underscores its suitability for buyers seeking manageable upkeep with essential conveniences.
Local Market Insights
In Port Macquarie, Quiet Listings observed 20 new villas entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $680,950. The property type mix of listed properties is predominantly Houses at 50%, followed by apartments (14%), and villas (11%). Kendall Atkinson- Licensed Real Estate Agent was the most active agency in this area, representing 25.9% 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.
