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Sold on 11 Dec 2023 - Price Unavailable

22/11 Clarence Street
Port Macquarie NSW 2444

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 22/11 Clarence St, Port Macquarie

22/11 Clarence St, Port Macquarie is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Port Macquarie in the last 12 months.

Building Type
Unit
Local Government
Port Macquarie-Hastings
Lot/Plan
22/SP77883

Last Listing description (December 2023)

Rates $2,100 pa | Strata $4,655.47 pq

Imagine owning a fully furnished two-bedroom dual key apartment in the heart of Port Macquarie's bustling town centre, a prime holiday destination. Welcome to 22/11 Clarence Street, an extraordinary investment opportunity awaiting savvy investors.

Why Invest?

+ Prime Location, Maximum Returns: Situated on the 4th floor of the boutique Macquarie Waters complex, this property is a magnet for vacationers. Enjoy consistent high occupancy rates, thanks to its proximity to local cafes, boutique shops, fine dining, and the pristine Town Beach. Experience maximum returns with minimal effort!

+ Dual Income Potential: Designed for dual income, Units 407 and 408 include two bedrooms comprising of an ensuite master bedroom opening onto a water view balcony, well located guest bedroom, large bathroom with a spa bath, and adjoining hotel suite with its own bathroom and balcony - all fully-furnished to exquisite standards. Benefit from two streams of income, and let your property work for you!

+ Luxurious Living Spaces: Revel in the modern interiors featuring an open-plan kitchen, dining, and living area that seamlessly extends to a private terrace. Bask in the natural light and panoramic views of the Hastings River and the ocean beyond. High-end finishes, including stone benchtops and modern appliances add to the allure.

+ Resort-Style Amenities: Your investment comes complete with access to resort facilities, including a sparkling swimming pool, BBQ area, and a rooftop spa offering mesmerising day and night vistas. Secure covered parking adds to the convenience, ensuring your guests experience the epitome of comfort.

+ Holiday Accommodation Only: This property is exclusively designed for holiday accommodation, making it a dedicated income-generating asset that caters to Port Macquarie’s consistent holidaymakers. The owner's privilege of staying on-site is limited to a maximum of 90 days a year, subject to availability and holiday periods.

+ Great Rental Return: Net an average of $4,000 a month in rental income! Few properties in this price range can boast such a lucrative return on investment.

+ Exceptional Management: Enjoy hassle-free ownership with top-notch in-house management, ensuring your property is meticulously maintained and yields a healthy net return. This hands-off investment opportunity allows you to reap the rewards without the stress.

This isn't just a holiday unit; it's an exceptional investment opportunity that promises consistent returns. The strict limitations on owner usage ensure that your property remains income-driven, while the premium location and dual key design maximise your potential for returns.

Secure this remarkable asset today and reap the rewards before someone else does. Contact us today to seize this golden opportunity!

Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 22/11 Clarence St, Port Macquarie, NSW 2444

A timeline of how this property has performed in the market
Last Sold
11 Dec 2023
  • 08 Dec 2023
    Sold for $625,000
  • 16 Aug 2023
    Listed for Sale Not Disclosed
  • 08 Jun 2022
    Listed for Sale $699,000
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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 28,617 properties. Over the last 5 years, Houses in Port Macquarie have seen a 52.38% increase in median value, while Units have seen a 47.25% increase. As at 31 October 2024:

  • The median value for Houses in Port Macquarie is $884,055 while the median value for Units is $571,783.
  • Houses have a median rent of $620 while Units have a median rent of $480.
There are currently 180 properties listed for sale, and 109 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1156 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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Abby Koch
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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.