FOR SALE
$879,000-$899,000

1 & 2/2a Dryandra Place
Port Macquarie NSW 2444

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 271m2
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Dual Income Opportunity at Banksia Grove

Vaunting a dual income, this excellent investment opportunity is Torrens titled & positioned in one of the most convenient locations at Banksia Grove Estate. Close to the CBD & industrial areas of Port Macquarie along with beaches all within a 5 minute drive, it is a desirable area indeed.
The property also lends itself to extended family style situations or multi-generational living.
Both the 2 & 3 bedroom residences offer quality finishes with ceiling fans & built in robes throughout.
The lower unit comes complete with a spa. Split system AC in both residences provide heating & cooling all year round. Low maintenance block - Located in a majority owner occupied estate adds appeal.
Residence 1 on the top floor is leased at & $550 p/w & Residence 2 is leased at $450 p/w. Combined annual income of $52,000 or a 5.6% gross yield. With high interest rates this is the perfect opportunity to secure a high cash flow property for the savvy investor with plenty of scope for future growth in the ever-popular region of Port Macquarie. Tenants wanting to stay on long term
- High yielding asset in a growing location
- Internal laundries
- Open plan living, kitchen and dining
- Each residence has an outdoor deck or alfresco
- Split Ac is both residences
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Property Details for 1 & 2/2a Dryandra Pl, Port Macquarie

1 & 2/2a Dryandra Pl, Port Macquarie is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 271m2. The place is currently for sale with Elders Real Estate Port Macquarie.

Building Type
House
Land Size
271m2

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About Port Macquarie 2444

The size of Port Macquarie is approximately 54.2 square kilometres. It has 61 parks covering nearly 17.2% of total area. The population of Port Macquarie in 2011 was 41,491 people. By 2016 the population was 44,857 showing a population growth of 8.1% in the area during that time. The predominant age group in Port Macquarie is 60-69 years. Households in Port Macquarie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Macquarie work in a professional occupation. In 2011, 64.9% of the homes in Port Macquarie were owner-occupied compared with 64% in 2016.

Port Macquarie has 28,759 properties. Over the last 5 years, Houses in Port Macquarie have seen a 55.13% increase in median value, while Units have seen a 52.80% increase. As at 31 August 2024:

  • The median value for Houses in Port Macquarie is $880,215 while the median value for Units is $587,617.
  • Houses have a median rent of $620 while Units have a median rent of $475.
There are currently 147 properties listed for sale, and 94 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1182 properties were sold in the past 12 months in Port macquarie.

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Amanda Perrin
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Logan Taffe
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Elders Real Estate Port Macquarie
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