10 Racewyn Close, Port Macquarie NSW 2444

Just metres from Port Macquarie Race Club, this 2634sqm property was originally set up as a stable complex. The stables remain, and could be relet, but strong income is now drawn from a number of rental flats; zoned R1, development potential is excellent.
- Set back from a quiet road, a comprehensive stable complex
- Eleven stables, tack room, exercise yard, grassed paddock
- Level block, directly across a quiet road from race course
- Brick home, let as 3x1, 1x2 plus 1x3 bedroom flats
- Income averages $1,000 week
- Future option to rent individual stables; additional return
- Zoned R1 to provide for development of villas or town houses
- Chance for investor, developer; possible lifestyle property
- Receive solid and regular income until ready to develop
- Near schools, university, hospital, shops; two minutes CBD