FOR SALE
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179 Gordon Street
Port Macquarie NSW 2444

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 891m2
Land area: 2327m2
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FIRST TIME OFFERED IN NEARLY 30 YEARS

From the above you can see our owners have been long time operators of The Koala Tree Motel which is bordering on the fringe of Port Macquarie's CBD precinct and on the Gateway Road coming in from the Pacific Highway into Port Macquarie. The motel has long been a stop destination for travellers and repeat clients who enjoy the location where you are a few minutes away from shopping centres, walkways, beaches and the airport and importantly the friendly staff.
The property is zoned B2 Local Centre (and serves to provide a range of retail, business, entertainment and community uses) and has a height limit of 14.5mtrs which provides good scope for an intending purchaser/developer.
Whilst motels have diminished in the town over the past nearly 20 years to make way for the many of our high-rise apartment complexes, those remaining have generally been held long term and this property is no different.
Right now there are no such properties for sale in Port Macquarie, so if you are an intending developer and this site is just what you have been looking for then long term income generation provides ongoing revenue until such times as you have your DA approvals in place.
If this property type is what you have been waiting for and you require further information then you need to contact Tony or Greg without delay.
Rates - $4,800pa

Property Details for 179 Gordon St, Port Macquarie

Building Type
Commercial
Floor Size
891m2
Land Size
2327m2

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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 28,649 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 175 properties listed for sale, and 105 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1158 properties were sold in the past 12 months in Port macquarie.

Suburb Insights for Port Macquarie 2444

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Tony Dekker
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LJ Hooker Port Macquarie | Wauchope
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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.