FOR SALE
$175,000

11 Clarence Street
Port Macquarie NSW 2444

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 188m2
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Successful family owned restaurant in booming beachside location

Phone enquiries - please quote property ID 29488.
The Corner is an established award-winning restaurant that has been operating for 13 years with the current owners entering their 10th year of trading. This well-run family-owned business sits in a prime corner position adjoining the 4.5-star Macquarie Waters boutique apartments.
Delivering a consistent customer experience for locals and tourists alike the business has an excellent reputation attributed to its personalized service and flavorsome menu using fresh local produce. The restaurant-café is renowned for its signature coffee and epic big brekkie.
The restaurant is being sold on leasehold with the benefit of an on-premises LIQUOR LICENSE. A fully equipped commercial kitchen and impressive bar have been purpose-built to manage a high volume of orders including specialized catering and events.
Remaining financially sustainable during COVID-19, bushfire-floods the business adapted by implementing innovative strategies and continues to thrive receiving ongoing support from its loyal clientele.
This is an exciting opportunity for entrepreneurial-minded businesspersons to capitalize on the continued expansion of Port Macquarie and invest in a lucrative enterprise with further potential to grow the business to the next level.
• Established a family business with an excellent reputation
• Transferable LIQUOR LICENSE and seating for approx. 90 patrons
• Beautifully renovated interior and outdoor alfresco with a water view
• Unrestricted access to rooftop ocean view function area
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Property Details for 11 Clarence St, Port Macquarie

Building Type
Commercial
Floor Size
188m2

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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 28,899 properties. Over the last 5 years, Houses in Port Macquarie have seen a 48.90% increase in median value, while Units have seen a 58.95% increase. As at 31 December 2024:

  • The median value for Houses in Port Macquarie is $882,750 while the median value for Units is $599,547.
  • Houses have a median rent of $625 while Units have a median rent of $480.
There are currently 226 properties listed for sale, and 105 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1170 properties were sold in the past 12 months in Port macquarie.

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