50 Pacific Drive, Port Macquarie NSW 2444

This is a very rare opportunity to purchase an entire block of 7 units in a prime and highly sought-after position. This complex is directly across the road from the ever-popular patrolled Flynn's Beach Port Macquarie.

This complex has been built over three levels and contains arguably the best view of ocean and the rolling waves of Flynn's Beach.

It is being sold on the one title with the potential to strata (subject to council approval).

This prominent beachside complex because of its location has assured a low vacancy over time and will reward the astute investor.

The top unit (#7) which takes up the entire floor has been beautifully updated and refreshed in recent times and has been utilized as a holiday rental since the update.

Some of the other units are ready for a fresh contemporary fit-out to improve the rental return and overall income of the complex.

Units 1-6 have permanent tenants, some have been long term. Unit 7 is now a holiday apartment.

All units have direct access to a verandah or porch - most with ocean views.

The property contains a wide side access to the rear of the property which could possibly offer further development potential to capitalize on.

Gross Annual Income - $92,820 approx (with potential to increase)
Council Rates - $6,700 Per Annum
Block Size - 1,309m2
Zoning - R3 Medium Density Residential
Height Limit - 19m
Floor Space Ratio - 2 to 1

• Set on a very generous 1,309m2 offering a range of potential options
• Just metres to restaurants, cafes, medical, bottle shop, pharmacy and the glorious Flynn's Beach itself
• Only a 2 minute drive to the Port Macquarie CBD
• Large frontage boundary of 28m approx
• Wide side access to rear of property for further development potential
• With interest rates this cheap this offers a fantastic opportunity
• With some further nurturing this property offers excellent rental scope
• All inspections are being carried out via private appointment only


The information contained in the advertising of this property is not based on any independent enquiries or knowledge of the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.