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  • 20 Boundary Street, PORT MACQUARIE, NSW 2444

20 Boundary Street, Port Macquarie, NSW 2444

  • Floor Area:
    49540sqm
    Land Area:
    49540sqm
    • For Sale

      $3.3 Million excluding GST

      Land bank with cash flow - Future Development Opportunity and

      * Substantial land holding - Area 49,540 sqm (approx) Note: tidal pond within land area
      * Positioned close to CBD, airport infrastructure, regional stadium/sports fields
      * Multiple future pathways - tourism, recreation, health, education, or mixed community uses
      - Income-producing asset while you plan your redevelopment strategy
      * Zoned RE2 - Private Recreation, presents multiple pathways for future development or adaptive reuse (STCA). Strategically positioned just 4.1km from the CBD, the property is well suited to a wide range of potential uses including cabin/caravan park redevelopment, health & wellness retreat, elite sports facility, recreation precinct, or continued commercial operation
      - Existing Improvements:
      • Main "Club" building - 566 sqm*
      • Detached "Barn" function centre - 250 sqm*
      • 3 bowling greens, maintenance sheds & approximately 200 car spaces
      * Large tidal dam/retention basin leased to Hydro Golf & Putt Putt Golf
      * Majority of site vacant and available for redevelopment or expansion (STCA)
      * Currently 5 leases in place generating approximately $173,500 gross PA ex GST Holding Income
      * Potential for additional leases/residual income or vacant possession for owner occupation
      * Council Rates: approx. $9,652 PA approx - Rateable Value: $500,000*
      - This is an outstanding opportunity to secure a versatile property with development upside, income security, and strategic positioning.
      * Call Raine & Horne Port Macquarie to arrange an inspection
      Luke Horton - 0417 406 414
      T : 02 6584 0544
      Shop 1, 136 William Street, Port Macquarie
      * We have obtained all information in this document from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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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: L1184469
      • Property Type:Hotel/Leisure
      • Building / Floor Area:49540 sqm
      • Land Area:49540 sqm
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