FOR SALE
$10.5 million Ex GST

115 Gordon Street
Port Macquarie NSW 2444

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 6193m2
Land area: 6193m2
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High profile Mixed use potential -Prime Corner CBD development Site -

* Appears to be highly suitable for a fast food, service station or multi-story shop top housing taking advantage of height limits and consideration due to land zoning, location on main entry road and walking distance to CBD and beach / foreshore amenities
* Large land area of 6,193m²
* Corner Site - positioned at the intersection between Gordon Street and Hollingworth Street
* 800 metres south-west of the CBD.
* Main road entry location and commands prominent exposure to passing vehicular traffic.
* Surrounding development comprises fast food outlets ( Red Rooster and Burger King), Shell service station, and national traders - Coles & Dan Murthy's.
* Improvements total 1,706 sqm approx of commercial buildings and balance of site concrete sealed display yard/car parking/driveways
* Building 1 - current unoccupied - the main building (ex purpose built Holden showroom and workshop) comprises 1,416 sqm under roof and split as a modern showroom with warehouse for vehicle servicing. Includes amenities and air conditioning, roller shutter access to rear workshop/warehouse area, wash down bay and ample storage facilities, plus board room.
* Building 2 - under lease, the newer building (ex Purpose built Mazda Showroom) is approx 190 Sqm (19m x 10m) of air conditioned showroom area.
* Part site lease in place over building 2 and an allocated hardstand area for caravan yard sales for recently commenced term of 5 years + 5 years (with termination clause from 2026) - Gross current rental collected $150,000 PA ex GST
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Property Details for 115 Gordon St, Port Macquarie

Building Type
Commercial
Floor Size
6193m2
Land Size
6193m2

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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 28,656 properties. Over the last 5 years, Houses in Port Macquarie have seen a 52.38% increase in median value, while Units have seen a 47.25% increase. As at 31 October 2024:

  • The median value for Houses in Port Macquarie is $884,055 while the median value for Units is $571,783.
  • Houses have a median rent of $620 while Units have a median rent of $480.
There are currently 181 properties listed for sale, and 108 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1161 properties were sold in the past 12 months in Port macquarie.

Suburb Insights for Port Macquarie 2444

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Luke Horton
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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.