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26-28 William Street Port Macquarie, NSW 2444

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For Sale

26-28 William Street Port Macquarie, NSW 2444

Development Sites & Land • Hotel & Leisure • Shop & Retail
Sale Price

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Land area

1170.0m²

Floor area

2340.0m²

Car spaces

4

Property extent

Whole

Zoning

High Density Residential

Tenure type

Vacant Possession

ONE OF THE BEST REMAINING LUXURY BEACH FRONT APARTMENT SITES IN NEW SOUTH WALES

  • 54M from front boundary to Town Beach
  • 26.5M building height (8 floors) allowed
  • Direct north aspect with ocean views
Held by the same family for over 70 years, this 1,170SqM (12,594 Sqft) site is the last undeveloped high density beach-front property left in Port Macquarie. Zoned “high density residential”, these 2 adjoining blocks represent an unprecedented opportunity to build a 7 storey apartment building with underground parking ,containing 13 apartments, a penthouse a restaurant, or 14 apartments and penthouse.

The corner site is located directly opposite Town Beach and offers uninterrupted northerly ocean views and filtered westerly views. The surrounding apartment strip is highly sought after by cashed-up retirees seeking a quality beach front residence. Apartments in 10+ year old adjacent and nearby buildings are currently selling in the $2M-$2.5M range.

The location is close to all amenities and would suit luxury 3-4 bedroom apartments of around 160+SqM internal space with full-length balconies. Similar apartments have sold recently within a 400M radius for between $1.85-$2.5M ($9-$12,000/SqM - $859-$1,122/Sqft).

Port Macquarie is a vibrant tourist resort offering world class facilities for visitors and residents , with new state of the art hospital, university, entertainment precinct and numerous restaurants and cafes . it’s beautiful beaches and natural waterways have been voted among the best in the world.

• Corner site with northerly uninterrupted ocean views and westerly hinterland views
• Situated at the closest possible location to the beach for high density residential (only 54 meters / 177ft).
• Surrounded by premium high rise developments
• Zoned ‘High Density residential’ with FSR of 2:1
• Lapsed DA (2006) is available on request
• Close to town and amenities - Port City bowling club adjoining at rear, Championship tennis courts down laneway to rear, Hatted 'Stunned Mullet' restaurant only a few doors away and only 1.15km to Palm Court Centre and shopping precinct
• Opportunity to build for a thriving market of ‘seachange’, retiree buyers looking for luxury beachfront apartments
• No new beachfront developments built in the immediate area over the last 10 years

Property ID: 503160506Last Updated: 16 Jul 2019

0419 *** ***
Thorn Property
26-28 William Street
Port Macquarie, NSW 2444

Thorn Property

13 Coonanga Rd
AVALON BEACH, NSW 2107

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Thorn Property

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Thorn Property

13 Coonanga Rd
AVALON BEACH, NSW 2107
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Mark Thorn

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Mark Thorn
Thorn Property
26-28 William Street Port Macquarie, NSW 2444

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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