SOLD
Sold on 30 Nov 2023 for $955,000

26 Octagonal Rise
Port Macquarie NSW 2444

Bedrooms: 6
Bathrooms: 3
Car spaces: 2
Land area: 454m2
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Property Details for 26 Octagonal Rise, Port Macquarie

26 Octagonal Rise, Port Macquarie is a 6 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 454m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 6 bedroom House sold in Port Macquarie in the last 12 months.

Building Type
House
Land Size
454m2
Local Government
Port Macquarie-Hastings
Lot/Plan
362/DP1237302

Last Listing description (August 2024)

Cradled within the serene Ascot Park estate, this amazing property presents an exceptional opportunity for those seeking a harmonious blend of comfortable living and lucrative investment potential.

Comprising a contemporary four-bedroom home PLUS a fully self-contained two-bedroom granny flat, this property is an enticing prospect for investors, multi-generational families looking to the future, or those looking for a future home with supplementary income.

The larger residence is superbly designed for ease of living, with level floor plan incorporating an open plan. The modern stone kitchen, equipped with gas benchtop cooking, under bench oven and dishwasher, creates a central hub with the convenience of a breakfast bar. The spacious dining and living area flow seamlessly to a covered entertaining space, perfect for gatherings and relaxation. With two bathrooms, reverse cycle air conditioning, and ceiling fans, every detail has been thoughtfully crafted for comfortable living.

Adjacent to the main residence, the fully self-contained granny flat enjoys contemporary detail and functionality. The free-flowing floor plan merges a modern kitchen featuring gas benchtop cooking, under bench oven and a dishwasher, with a combined dining and living zone. Two bedrooms each have built-in wardrobes, the master bedroom offers direct access to the covered rear entertaining patio. This residence is further complemented by a well-appointed bathroom, reverse cycle air conditioning, and ceiling fans for year-round comfort.

Both residences are currently tenanted, ensuring a secure income stream. The four-bedroom lease extends until June 2023, while the two-bedroom residence is leased until August 2024. Together, these properties generate a combined income of $990 per week, making it an appealing prospect for savvy investors or those seeking a home with additional earning potential.

Situated in the idyllic Ascot Park estate, residents enjoy easy access to local amenities, including two shopping centres, the nearby Port Macquarie Base Hospital and medical precinct, schools, childcare facilities, and the Charles Sturt University campus. This prime location offers the perfect balance of tranquility and accessibility to essential services.

Whether you're considering a secure investment, multi-generational living, or a future home with an added income stream, this property provides a versatile and secure living arrangement, catering to a variety of lifestyle needs.

Property History for 26 Octagonal Rise, Port Macquarie, NSW 2444

A timeline of how this property has performed in the market
Last Sold
$955,000
30 Nov 2023
  • 30 Nov 2023
    Sold for $955,000
  • 02 Nov 2023
    Listed for Sale Not Disclosed
  • 13 Feb 2018
    Sold for $235,000
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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 28,639 properties. Over the last 5 years, Houses in Port Macquarie have seen a 50.57% increase in median value, while Units have seen a 47.06% increase. As at 30 September 2024:

  • The median value for Houses in Port Macquarie is $878,292 while the median value for Units is $583,779.
  • Houses have a median rent of $620 while Units have a median rent of $476.
There are currently 147 properties listed for sale, and 101 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1140 properties were sold in the past 12 months in Port macquarie.

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