11 Clarence Street (Cnr Munster),
Port Macquarie, NSW 2444

Shops & Retail • Hotel, Motel & Leisure

Key property information

Land area

Floor area

Car spaces

Tenure type

Sold on

Map of 11 Clarence Street (Cnr Munster)

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"The Corner" Investment

* Prime corner position restaurant tenancy located in quality tourist accommodation building "Macquarie Waters".
* Offering a tenancy area of 125 sqm approx., plus 14 sqm basement coolroom/freezer room area and 2 basement car spaces on title
* Access to a large outdoor seating area.
* Offered for sale subject to existing lease - which is the balance of 5 year term, with a further 5 year option to extend.
* Restaraunt established over 8 years in this location and winner of numerous awards
* Rental: over $56,000 PA Nett GST Ex
* Lessee pays all outgoings
* 4% annual rent increases
* CBD location in tourist precinct
* Modern, well presented building
* Contact Raine & Horne Commercial for further informatiuon
Shop 3, 136 Wiliam Street, Port Macquarie
Ph 02 6584 05...

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

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Most households