FOR SALE
$555,000 no GST

Shop 19/78-80 Horton Street, Peachtree Walk Arcade,
Port Macquarie NSW 2444

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 70m2
Land area: 70m2
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CBD Cafe Premises for Sale

* Council approval for "cafe" which means continued food use ideal. There is a grease trap connection (part of the strata common property), recently replaced exhaust ducting, gas line plumbing and 3 phase power
* The premises benefits from both internal arcade access and direct street frontage at the Hay Street end of Peachtree Walk Arcade allowing wider trading hours at the discretion of the occupant
* Valuable customer parking at the door step plus access to all day parking within a short walk
* The location benefits from many established businesses close by including Port Central Shopping Centre with over 50 Specialty shops, ensuring a strong mixture of customers being drawn in and around the arcade
* CBD location in Peachtree Walk Arcade, part of the retail heart of the main street in Port Macquarie
* Area of premises of 70 sqm approx
* The arcade comprises of 22 separately owned shops offering retail, food and office service providers
* Being sold vacant
* Outgoings - Council Rates at $3,228.79 PA, Strata Levies at $7,770.00 PA GST Inc, water is $280 PA GST Exc approx, rateable value - $126,000
* Inclusions are: hot water, lighting, floor coverings, range hood infrastructure, air conditioning, hand wash sink
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Property Details for Shop 19/78-80 Horton Street, Peachtree Walk Arcade,, Port Macquarie, NSW 2444

Building Type
Commercial
Floor Size
70m2
Land Size
70m2

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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 28,750 properties. Over the last 5 years, Houses in Port Macquarie have seen a 55.13% increase in median value, while Units have seen a 52.80% increase. As at 31 August 2024:

  • The median value for Houses in Port Macquarie is $880,215 while the median value for Units is $587,617.
  • Houses have a median rent of $620 while Units have a median rent of $475.
There are currently 142 properties listed for sale, and 94 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1194 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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Coralie Cooper
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Raine & Horne Commercial 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.