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Sold on 08 Mar 2024 for $264,000

6/48 Pacific Drive
Port Macquarie NSW 2444

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 6/48 Pacific Dr, Port Macquarie

6/48 Pacific Dr, 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 March 2024. 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
6/SP65136

Last Listing description (March 2024)

Impeccable, fully furnished investment apartment nestled within the 'Beachside' holiday complex. Set directly across from the iconic patrolled Flynns Beach.
An on-site manager takes care of all the details, allowing you to savour the pleasures of investment ownership without any hassle.

This savvy investment is in excellent condition and simply ready for the new owners to hit the ground running. From teaspoons to television, every detail has been provided, a fantastic walk-in walk out investment.

Located just a stroll away are popular cafes and a scenic coastal walking track, plus from here the Port Macquarie CBD is only a short drive away
The complex includes a sparkling swimming pool which is complemented by a charming BBQ area. All guests can stay comfortable all year-round with the unit including air conditioning and ceiling fans.

As an added extra, owners receive 2 weeks of free stay per year (obviously conditions apply), making this investment even more enticing. This is a very low-cost investment that would suit both pure investors and self-managed super funds.

We do note this property cannot be lived in permanently – it is for investment purposes only.

- Low-cost investment unit, two bed-room
- Directly opposite iconic Flynns Beach
- Stroll to cafes/eateries and walking track, CBD just a short drive
- On-site manager takes care of all the details
- Neat and tidy, includes air conditioning and ceiling fans
- Complex contains swimming pool, BBQ area
- Common roof-top terrace with ocean views
- Includes all furniture items, appliances, cutlery, utensils
- Owners can stay two weeks free per year (conditions apply)
- Investors only, suit Self-Managed Super Funds

Property Details:
Council Rates: $2,100 pa approx.
Strata Fees: $744 pq approx.

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 6/48 Pacific Dr, Port Macquarie, NSW 2444

A timeline of how this property has performed in the market
Last Sold
$264,000
08 Mar 2024
  • 08 Mar 2024
    Sold for $264,000
  • 16 Oct 2023
    Listed for Sale $265,000
  • 25 Jul 2018
    Sold for $267,500
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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 28,751 properties. Over the last 5 years, Houses in Port Macquarie have seen a 55.13% increase in median value, while Units have seen a 52.80% increase. As at 31 August 2024:

  • The median value for Houses in Port Macquarie is $880,215 while the median value for Units is $587,617.
  • Houses have a median rent of $620 while Units have a median rent of $475.
There are currently 142 properties listed for sale, and 94 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1194 properties were sold in the past 12 months in Port macquarie.

Suburb Insights for Port Macquarie 2444

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Contact agent
David Plews
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Katie Carter
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Elders Real Estate 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.