SOLD
Sold on 27 Mar 2024 for $1,300,000

303/40 William Street
Port Macquarie NSW 2444

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 133m2
Land area: 4217m2
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Property Details for 303/40 William St, Port Macquarie

303/40 William St, Port Macquarie is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 4217m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Port Macquarie in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
133m2
Land Size
4217m2
Local Government
Port Macquarie-Hastings
Lot/Plan
14/SP72527

Last Listing description (June 2015)

The heart and soul of a contemporary coastal strip where resort facilities, cafes and restaurants are on your doorstep, this award winning 4.5 star accommodation hub sits adjacent to Town Beach where the sands are golden and the surf is sweet!
A unique offering, this property holding is packaged as a three bedroom apartment comprising a two bedroom ocean view apartment and a separate hotel room with a shared foyer.
The apartment has a tasteful contemporary decor (all furnishings are included) with gourmet Caesarstone kitchen, two bathrooms, laundry, multiple outdoor patios and an enclosed balcony.

In the larger apartment, a wall of stacking doors integrates a spacious living area with the main entertaining patio, while the enclosed balcony of the hotel room becomes an extension of living space, all the while embracing stunning views of both the beach and Hastings River.
Configured to accommodate two king beds and two single beds that can be converted into a king bed, the apartment will sleep up to six and provides undercover security parking and the comfort of reverse cycle air conditioning.
Expansive in size and generous on comfort, this apartment epitomises the qualities The Observatory is synonymous with.
Resort facilities include indoor heated lap pool, undercover spa, family sized-sauna, BBQ entertaining area and undercover security parking. Scampi's Seafood Bar and Grill and the Milkbar Cafe will tantalise tastebuds and endota spa relax and revive you!
A 100% carbon neutral establishment with excellent in-house management, this investment provides solid returns and taxation and depreciation benefits.
Reside, lease privately or have managed by 'The Observatory', the choice is yours...
Council Rates $1,590pa. Strata Levies $2,339.37pq.
Please contact me for a financial statement showing income and expenditure returns.

Property History for 303/40 William St, Port Macquarie, NSW 2444

A timeline of how this property has performed in the market
Last Sold
$1,300,000
27 Mar 2024
  • 27 Mar 2024
    Sold for $1,300,000
  • 30 May 2022
    Sold
  • 03 Dec 2020
    Sold for $915,000
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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 28,644 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 184 properties listed for sale, and 111 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1123 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.