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7 Denham Street
Port Macquarie NSW 2444

Bedrooms: 7
Bathrooms: 4
Car spaces: 6
Land area: 698m2
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An Investment That Shouts SUCCESS! Great Returns & Central Location

Invest for success with this tastefully renovated, primely positioned block of three units comprising 2 x 2-bedroom ground floor residences and 1 x 3-bedroom expansive upstairs unit providing access onto a broad sunlit balcony.
Positioned on a level, north to rear 698m² block, this exceptionally convenient location is just a short stroll from Settlement City Shopping Centre, vibrant cafes, popular social clubs, Settlers Inn Bistro, Marina Esplanade, and picturesque foreshores of Westport Park. A leisurely waterside stroll leads into the CBD and patrolled Town Beach.
The property is offered on one title, providing multiple benefits such as simplified management, cost efficiencies, and flexibility in use. All three units are currently leased, achieving an impressive combined return of $77,220 Gross PA.
Light, bright, and airy with well-appointed interiors, the units feature a modern kitchen, open-plan living and dining space, built-in storage, and a combined bathroom and laundry. The upstairs abode incorporates a spacious main bedroom with a walk-through robe and stylish ensuite.
Outdoors caters for storage needs and covered parking with wide driveway access to a fully fenced backyard, including a triple carport and extra parking for each unit, 2 x lock-up sheds, and a lush green grassed area. There is ample space should you wish to add a fourth unit, create additional parking, or add a big shed (STCA).
Whether you opt for a three-income model or make plans to reside in the upper unit while leasing out the remaining units, with high demand for accommodation close to the waterfront and amenities this outstanding property really does shout SUCCESS!
Property Descriptions
-Renovated block of three modern units on sunny 698m2 block
-Two ground-level 2-bedroom units plus spacious upper-level unit
-North to rear aspect captures natural light and coastal breezes
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Property Details for 7 Denham St, Port Macquarie

7 Denham St, Port Macquarie is a 7 bedroom, 4 bathroom BlockOfUnits with 6 parking spaces. The property has a land size of 698m2. The place is currently for sale with Elders Real Estate Port Macquarie.

Building Type
BlockOfUnits
Land Size
698m2

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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 28,898 properties. Over the last 5 years, Houses in Port Macquarie have seen a 50.17% increase in median value, while Units have seen a 60.30% increase. As at 30 November 2024:

  • The median value for Houses in Port Macquarie is $878,042 while the median value for Units is $606,792.
  • Houses have a median rent of $620 while Units have a median rent of $480.
There are currently 221 properties listed for sale, and 102 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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Greg Bates
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James Minards
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Elders Real Estate Port Macquarie
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