FOR SALE
$1,600,000

1-4/4 Norfolk Avenue
Port Macquarie NSW 2444

Bedrooms: 8
Bathrooms: 4
Car spaces: 3
Land area: 556m2
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EAST PORT DIAMOND. 4 UNITS UNDER 1 TITLE. IT WILL GO IN A BLINK!!!

This has been a long term investment hold for our owner and for the first time in nearly 24 years has decided to go to market so other investment avenues can be pursued. This decision has not been made lightly but is now committed to the cause.
Located in a nice quiet East Port street and within 1.2km of 3 of our land mark beaches, this complex will provide the new owner with a long term income stream and to capitalise on growth over time.
Each unit features 2 bedrooms, 1 bathroom and balconies to allow tenants to enjoy some outside living. The building is brick and tile, provides easy care of grounds and would suit a SMSF & other investors looking for that income generation. 1 garage and 2 carports are also available for tenant use. Our owner has said she wants to sell so bring your offer forward to secure.
For further details call Greg now on 0411 440707
Rates - $4,100pa
Block size: 556sqm

Property Details for 1-4/4 Norfolk Ave, Port Macquarie

1-4/4 Norfolk Ave, Port Macquarie is a 8 bedroom, 4 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 556m2. The place is currently for sale with LJ Hooker Port Macquarie | Wauchope.

Building Type
BlockOfUnits
Land Size
556m2

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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 28,756 properties. Over the last 5 years, Houses in Port Macquarie have seen a 50.57% increase in median value, while Units have seen a 47.06% increase. As at 30 September 2024:

  • The median value for Houses in Port Macquarie is $878,292 while the median value for Units is $583,779.
  • Houses have a median rent of $620 while Units have a median rent of $476.
There are currently 148 properties listed for sale, and 93 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1192 properties were sold in the past 12 months in Port macquarie.

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Greg Laws
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LJ Hooker Port Macquarie | Wauchope
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