FOR SALE
$615,000 GST Free

1/51 Jindalee Road
Port Macquarie NSW 2444

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 216m2
Land area: 216m2
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Prominent Jindalee Road Strata Industrial Unit

* High profile premises with direct street frontage and good signage areas
* Building Area of 216 sqm approx
* Warehouse with Office/Showroom on ground floor and further mezzanine office/storage level above and amenities with shower and small kitchenette
* High roller shutter access door 3.5m wide approx and 4m high approx
* Good height in workshop/warehouse area
* Onsite parking for Three (3) vehicles, internal toilets
* Lease in place to Motorcycle workshop tenant until July 2025 with further 1 year option to extend there after
* Gross rental is $26,780.00 PA ex GST, arguable under-rented and upside available at next lease renewal, Circa $150/sqm PA ex GST is the current expected market rental rate indicatively - another $5,500 PA uplift in rental could be possible
* Council Rates at $3,322 PA approx and Strata Levies at $4,704 PA approx - paid by Lessor - nett income $18,754 PA under current lease.
* Worth consideration for future Owner-Occupiers or SMSF Buyers/Investors
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Property Details for 1/51 Jindalee Rd, Port Macquarie

Building Type
Commercial
Floor Size
216m2
Land Size
216m2

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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 28,646 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 147 properties listed for sale, and 103 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1153 properties were sold in the past 12 months in Port macquarie.

Suburb Insights for Port Macquarie 2444

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Graeme Garrett
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Coralie Cooper
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Raine & Horne Commercial Port Macquarie
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.