OFF MARKET

19/48 Pacific Drive
Port Macquarie NSW 2444

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 2278m2
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Property Details for 19/48 Pacific Dr, Port Macquarie

19/48 Pacific Dr, Port Macquarie is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 2278m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
2001
Floor Size
78m2
Land Size
2278m2
Local Government
Port Macquarie-Hastings
Lot/Plan
19/SP65136

Last Listing description (December 2020)

Boasting a gross return of approximately 5.2%, this perfect investment opportunity awaits, steps away from Flynns Beach. This investment property shows a high occupancy rate and an excellent annual return.

The pooled monthly income system benefits all owners in this complex. With onsite managers your job is made easy, taking care for all stays!

Beachside' units are one of Port Macquarie's best managed holiday complexes. They say location counts and this location is directly opposite Ports favourite patrolled beach. We suggest you be part of Port Macquarie's growth and invest here.

Contains an on-site manager looking after everything for your investment.

andbull; Beautifully presented complex inside and out
andbull; Contains heated pool and BBQ facilities alongside
andbull; Complex contains a communal deck capturing dynamic ocean views with BBQ
andbull; Open-plan modern design on level two with ocean views, spacious bedrooms
andbull; Extras include air conditioning, ceiling fans, spa and fully tiled bathroom, its own exclusive balcony
andbull; Your tenants have easy access to cafes, restaurants, shops
andbull; Casual stroll to the bar and deck of The Port Macquarie Surf Club
andbull; Flynns Beach is a growing precinct of Port Macquarie
andbull; Preferred pooled income distribution system
andbull; Underground security parking
andbull; Your on-site manager does all the work for you
andbull; Owners get to stay free two weeks per year
andbull; As Port Macquarie grows so will income and your capital gain

The information contained in the advertising of this property is not based on any independent enquiries or knowledge of the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Property History for 19/48 Pacific Dr, Port Macquarie, NSW 2444

A timeline of how this property has performed in the market
Last Sold
$240,000
25 Nov 2020
  • 25 Nov 2020
    Sold for $240,000
  • 07 Sep 2018
    Listed for Sale Not Disclosed
  • 27 Mar 2000
    Sold for $172,000

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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 28,759 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 147 properties listed for sale, and 94 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1182 properties were sold in the past 12 months in Port macquarie.

Suburb Insights for Port Macquarie 2444

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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.