5/2 Mort StreetPort Macquarie NSW 2444
Property Details for 5/2 Mort St, Port Macquarie
5/2 Mort St, Port Macquarie is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Port Macquarie in the last 12 months.
Last Listing description (August 2024)
A perfect opportunity to enter the property market with this conveniently located apartment on the western fringe of town, nicely positioned between the CBD and the university at Innes Lake. Situated on the top floor of a small block of just 5 apartments, this property offers convenience plus.
Featuring two bedrooms, each with built-in robes, and a separate toilet, this apartment ticks a few boxes. The sizeable lounge area provides a good space for the residents of the apartment.
With a reliable tenant in place for over 15 years, this property is an ideal option for savvy investors seeking a steady rental income stream. Alternatively, it presents an excellent opportunity for first home buyers to enter the market at a fantastic price.
Convenience is key with this property, as it is within walking distance to supermarkets, clubs, cafes, and other amenities. Plus, it offers a parking space for added convenience and peace of mind.
Neat and tidy throughout, this apartment is ready for you to move in or rent out immediately. Don't miss out on this fantastic opportunity to secure a foothold in the property market.
- Affordable unit, block of just 5
- Positioned well between CBD and university
- Neat and tidy, in good order
- Offers further potential for updating
- Moments to supermarket, club, river walk
- Sizable lounge, 2 bedrooms with built-ins
- Provides off street car space
- Suit both investors and first home buyers
- Same tenant in place for 15 years plus
Property Details:
Council Rates: $2,067 pa approx.
Strata Fees: $908.50 pq approx.
Rental Potential: $350 - $375 per week
DISCLAIMER: The information contained in the advertising of this property is based on information provided to 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 5/2 Mort St, Port Macquarie, NSW 2444
- 28 Aug 2024Sold for $370,000
- 27 Mar 2024Listed for Sale $365,000 - $375,000
- 26 Jun 2023Listed for Sale Not Disclosed
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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 28,654 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.
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