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Savills - Sydney CBD

50 Settlement Point Road Port Macquarie, NSW 2444

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50 Settlement Point Road,
Port Macquarie, NSW 2444

Hotel, Motel & Leisure • Development Sites & Land

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Savills - Sydney CBD
Nicholas Lower
Leon Alaban

Savills - Sydney CBD

Level 25, 1 Farrer Place
SYDNEY, NSW 2000
Savills - Sydney CBD
50 Settlement Point Road
Port Macquarie, NSW 2444

Map of 50 Settlement Point Road

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Large Scale Waterside Resort With Significant Upside

  • Significant 1.7ha* landholding
  • Large scale “Turn-Key” resort operation
  • 24 self-contained 2 bedroom units
The Savills Metropolitan & Regional sales team and Hotels team, in conjunction with LJ Hooker Port Macquarie are pleased to present to the market ‘Vacation Village’ at 50 Settlement Point Road, Port Macquarie. Positioned on the highly desirable mid-north coast of NSW, 50 Settlement Point Road represents a once in a lifetime opportunity to acquire a prime, waterside resort, suitable for owner-occupiers, investors and developers alike.

The property itself boasts strong fundamentals, with a large site area of 17,280sq m* and quality existing improvements. These 24 spacious, self-contained 2 bedroom units plus 3 bedroom managers’ residence and ground floor reception/office area, all come with on-site parking and a ‘turn-key’ resort operation.

• Large scale site in a well-known and coveted location with views of the Hastings River “Turn-Key” resort operation
• 24 spacious, self-contained 2 bedroom units plus 3 bedroom managers’ residence and ground floor reception/office area
• 28 on-site parking spots
• Numerous on-site activity offerings
• Significant 1.7ha* landholding with flexible RI – General Residential zoning and quality improvements
• Major development opportunity (STCA)
• Quality resort facilities comprising a mini-golf course, tennis court, pool, spa, sauna and clubrooms for adults and children.
• Ideally located next to major tourist attractions and major retail and lifestyle amenities including restaurants, 17 beaches, cafes and major shopping centres
• Highly desirable Port Macquarie location, being a short 4-hour drive north from Sydney and seeing a compound annual growth rate of 5.5% from 2018-2019
• Secure investment boasting a 75%* occupancy rate for June 2019 for hotels in the Port Macquarie region
For further information, please contact one of the selling agents.


*Approx.

Port Macquarie, 2444 demographic data

The median household income for Port Macquarie is $1,282, 11% lower than Regional New South Wales's household income of $1,434. Port Macquarie has an older age profile compared to the rest of Regional New South Wales (median age 48 vs 43). Property ownership data shows 37% of property owners in Port Macquarie have a mortgage.

47,693
Population
$1,282 per week
Median household income
48 years
Median age
Owners
Most residents
Families
Most households
Ray White - Port Macquarie
21 Horton Street
PORT MACQUARIE, NSW 2444

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