FOR SALE
Price Guide $1,250,000 - $1,350,000

8 Elizabeth Street
Port Macquarie NSW 2444

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 828m2
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Charming Cottage with Ocean Glimpses: Prime Development Opportunity

Rates $2,800 pa | Land 828 sqm
Rental Appraisal $520 - $540 per week
This is a fantastic opportunity for savvy investors and developers to secure a prime piece of coastal land with tremendous potential. Located just minutes walk from the pristine, patrolled Flynns Beach, this property offers the rare chance to acquire an 828sqm block, including an original 2-bedroom beach cottage.
Set in a quiet street, the property is being sold as one parcel, with approval in place for subdivision into two lots, or an approved DA for 4 lot Torrens Title townhouses providing a range of development options. The land spans 828 sqm with a generous 56m wide frontage, offering excellent positioning for capturing northern sunlight, refreshing sea breezes, and breathtaking ocean glimpses.
The existing cottage, situated on the upper side of the block, provides an opportunity to live in or lease out while planning future development. Alternatively, you can take advantage of the approved subdivision or DA and move forward with your plans for development.
The surrounding area showcases a dynamic blend of newly built homes and established unit blocks, highlighting the area's growth and appeal. This makes it a highly attractive opportunity for builders and developers looking to capitalize on the area's ongoing development.
This rare offering won’t last long!
+ Short walk to patrolled Flynns Beach
+ 828sqm land holding with approx. 56m wide frontage
+ Existing cottage ideal for living or leasing out
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Property Details for 8 Elizabeth St, Port Macquarie

8 Elizabeth St, Port Macquarie is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 828m2. The place is currently for sale with Laing and Simmons Port Macquarie.

Building Type
House
Land Size
828m2

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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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Chris Koch
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Nicole Haigh
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Laing and Simmons Port Macquarie
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