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Shops 14/25-27 Hay Street Port Macquarie, NSW 2444

Shops 14/25-27 Hay Street,
Port Macquarie, NSW 2444

Shops & Retail • Offices

Price information

Sale

Price Guide $330,000 - $360,000

Key property information

Land area

Floor area

Tenure type

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Commercial Investment

A great investment located in the popular Colonial Arcade in Port Macquarie adjacent to Port Central and accessed via Hay Street or Horton Street.

2 solid tenancies as follows

14a - 3 x 3 year lease commenced 10/07/2022 current rent $16630.00 per annum
14b - 1 x 2 year lease commenced 01/01/2024 current rent $10,400.04 per annum

Gross income $27,030 per annum

Outgoings include Council Rates of $583 per quarter and Strata Levies of $1,137.50 per quarter

Nett Income is $20,148 per annum

Returning approx 6% per annum - an excellent long term investment in the heart of Port Macquarie Central Business District

Additional information

Property ID: 504609616Last Updated: 2 Jul 2024

04174736...
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Shops 14/25-27 Hay Street
Port Macquarie, NSW 2444
Harcourts - Greater Port Macquarie
Shop 10 - 8 Short Street
PORT MACQUARIE, NSW 2444
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