86 William StreetPort Macquarie NSW 2444
Property Details for 86 William St, Port Macquarie
86 William St, Port Macquarie is a 6 bedroom, 3 bathroom Unit and was built in 1980. The property has a land size of 930m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (January 2021)
Seldom found in this capacity so close to East Ports Town & Beach precinct is an opportunity to purchase three level units each providing their own kitchenette & bathroom facilities with a combined internal space of approximately 202.1m2. There is access to a covered North facing balcony, downstairs laundry, storage, & additional WC. The units are currently leased with convenient out the front roadside parking.
Number 86 offers access to William Street at the front & Church Street from the back & is located adjacent to no 90 William Street which will be going to auction alongside this property. This is an exciting opportunity for the investor/developer looking for position, position, position to purchase as is or with next door & take advantage of the magnitude of potential that these two side by side properties would provide.
A desirable North facing aspect & huge 932m2 block leaves the door wide open for the astute visionary who can spot great potential. The position offers high traffic exposure & wide frontage with a sought after R4 High Density Residential Zoning & a 19-metre height limit.
Positioned along one of Port Macquarie's most active main feeders into the town centre, this prime location provides a level 1 km walking distance to the beautiful town beach area & a 1.6 km stroll into the waterfront attractions & activities of the vibrant CBD.
Showing great sustainability in recent times, Port Macquarie continues to flourish due to its high environmental quality, engaging community, affordability, & holiday-style with leisure and recreational spaces.
A rare offering seldom found in this capacity so close to the CBD & beachfront would normally be Mission Impossible, but here they are. These long-term family owned properties are to be sold & we expect the hammer to fall on them.
FEATURES SUMMARY
High profile position with R4 High Density Residential Zoning
1 x 1BR, 1 x 2BR and 1 x 3BR unit with kitchenette & bathroom
19 metre height limit, high traffic area, road front parking
Desirable North facing aspect delivers light interiors & sea breeze
Downstairs laundry, storage, & additional WC
Huge block size of 932m2 with dual access via Church Street
The CBD, restaurants, outdoor cafes, & beachfront are all easily accessible
Current shortage of rental properties can be advantageous for investors
Get ready, we are expecting the hammer to fall auction day.
Rates - $3,900pa
Property History for 86 William St, Port Macquarie, NSW 2444
- 12 Jan 2021Listed for Sale Sold
- 10 Nov 2020Sold for $880,000
- 25 Sep 2020Listed for Sale $920,000
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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 28,756 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.
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