FOR SALE
Price Guide $800,000 - $850,000

8 The Jib
Port Macquarie NSW 2444

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 746m2
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Smart Investments Make for Solid Gains

Rates $3,900 pa | Land 746 sqm
Combined Rental Return $1,060 per week
With the expansion of Port Macquarie, it’s becoming increasingly challenging to find a substantial block close to town and facilities, let alone one that provides a triple income.
This is an exceptional opportunity for the astute investor to acquire 3 x 2-bedroom units on one title set back on a 746sqm block, just a 5-minute drive from the CBD and waterfront.
All three units are currently leased, allowing you to benefit from a consistent income stream while looking forward to potential growth in the future.
Each unit is equipped with a practical kitchen and bathroom, a light-filled living space, and two well-appointed bedrooms. Unit 1 has a full length front balcony while 2 & 3 offer outdoor access from the lounge room onto outdoors.
Residents also have access to a laundry facility and each unit comes with a designated carport space located at the rear of the complex.
The property’s prime location offers close proximity to shops, medical facilities, and nearby bus stop, while being only 100m (2-minute stroll) to parkland reserve. This handy location makes it an attractive choice for tenants and owner occupiers.
As the area continues to develop, new infrastructure is being introduced, further enhancing the appeal of this progressive location. Whether you are a first time investor or seasoned financier this makes it a timely opportunity to secure a piece of the booming coastal market.
The low-maintenance nature of the property means you can easily manage it or enlist a property manager for hassle-free ownership. The generous size of the block offers excellent potential for future pursuits.
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Property Details for 8 The Jib, Port Macquarie

8 The Jib, Port Macquarie is a 6 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 746m2. The place is currently for sale with Laing and Simmons Port Macquarie.

Building Type
BlockOfUnits
Land Size
746m2

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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 28,828 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 169 properties listed for sale, and 97 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1151 properties were sold in the past 12 months in Port macquarie.

Suburb Insights for Port Macquarie 2444

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Contact agent
Chris Koch
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Nicole Haigh
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Laing and Simmons Port Macquarie
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Disclaimer
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.