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Sold on 25 Oct 2024 - Price Unavailable

4/1 Chestnut Road
Port Macquarie NSW 2444

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 930m2
Land area: 557m2
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Property Details for 4/1 Chestnut Rd, Port Macquarie

Building Type
Commercial
Floor Size
930m2
Land Size
557m2
Local Government
Port Macquarie-Hastings
Lot/Plan
4/SP31198

Last Listing description (October 2024)

* Offered with Vacant Possession - ideal for owner occupiers
* Join the Lake Road established bulky goods precinct with this property.
* Bulky goods furniture retail usage for over 35 years and would ideally suit continued bulky goods usage

* Total usable space of 930 Sqm approx - comprising a Ground floor area of 557 sqm and very usable mezzanine is 373 sqm approx.
* Eight (8) onsite car spaces at rear plus easy side street parking for customers
* Secure double brick construction
* Massive Lake Road frontage and signage opportunity including the possibility to paint building for increased branding impact
* 6.6 KW solar system installed cutting power bills
* Rear loading dock/shutter
* Zoned Zone E3 Productivity Support
- Council Rates $3,161.00 PA no GST approx
- Strata levies are $6,780 .00 PA Inc GST approx
- ratable value $382,000
* For inspections please Raine & Horne Commercial - Luke Horton 0417 406 414
Shop 3, 136 William Street, Port Macquarie
T : 02 6584 054

Property History for 4/1 Chestnut Rd, Port Macquarie, NSW 2444

A timeline of how this property has performed in the market
Last Sold
25 Oct 2024
Listed for Rent
$2.30k/w
22 Jun 2024
  • 25 Oct 2024
    Sold
  • 07 Apr 2024
    Listed for Sale $2.3 Million plus GST
  • 07 Apr 2024
    Listed for Rent $120,000 / year
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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 28,656 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 179 properties listed for sale, and 107 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1159 properties were sold in the past 12 months in Port macquarie.

Suburb Insights for Port Macquarie 2444

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Contact agent
Luke Horton
Show contact details
Raine & Horne Commercial Port Macquarie
Preferred contact:
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.