Port Macquarie
R&H

177 Lake Road, Port Macquarie, NSW 2444

  • Floor Area:
    1203sqm
    Land Area:
    2350sqm
    Office Area:
    167 sqm
    • Sold

      PRIME MAIN ROAD SHOWROOM WITH HUGE EXPOSURE + UPSIDE

      An exceptional opportunity to acquire a high-exposure showroom/warehouse on a sought-after main road - ideal for investors, future owner-occupiers, or value-add developers.

      - Property Highlights:

      • Expansive 2,350 sqm site with wide two street frontage and outstanding signage exposure

      • Main building 1,036 sqm showroom/warehouse + 167 sqm office (being 87 sqm ground plus 80 sqm Level 1, can be separately accessed)

      • 14+ on-site customer car parks + side shutter access for deliveries

      • Zoned E3 Productivity Support - allows for bulky goods, showroom, and more

      • Currently configured for bulky goods retail/showroom usage

      • Well-maintained premises with strong street appeal

      • First time offered in 30 years

      - Investment Upside:

      • Leased to long-standing tenant until March 2027 with 1 x 5-year option (vacant possession is a possible consideration)

      • Substantial rental uplift expected at option renewal (market review)

      • Market evidence supports $255K-$275K p.a. ex GST potential gross rent **

      • Suit forward-thinking owner occupier

      • Excellent access for trucks and deliveries

      • Rates $3,600 p.a., Land Tax $17,295 p.a. (- calculated on a singe holding basis Ratable value $2.13 million 2025)

      - Future Potential:

      • Perfect for repositioning or redevelopment (STCA) - such as service station, fast food, trade retail

      • Strategic location with massive daily traffic flow and excellent connectivity

      • Limited opportunities in this corridor makes this a rare long-term hold

      Call Luke Horton 0417 406 417

      Raine & Horne Commercial

      Shop 1, 136 William Street, Port Macquarie

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      avatar Luke Horton
      Luke Horton
      Business Owner - Sales, Leasing & Management

      Got a property to sell? Contact us for a free Request Appraisal

      Property Info:
      • Property ID: L1184045
      • Property Type:Showrooms/Bulky
      • Building / Floor Area:1203 sqm
      • Land Area:2350 sqm
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