Basement Lvl,/128 William Street (Cnr Short St),Galleria Building, Port Macquarie, NSW 2444

* Looking for an exciting, income-producing investment in one of NSW's fastest-growing coastal regions? - Welcome to 128 William Street - a unique, tenanted hospitality venue that ticks a lot of boxes.

* Why This Property is worth closer consideration

- Fully licensed venue with a long trading history

- Basement location - private, insulated, and unlike anything else on the market

- Currently operating as a wine bar/function/live music venue

- New lease, fresh operator, reinvigorated vibe

- Pub DA approval in place (DA 2017/232)

- Scullery area, built-in bar, existing exhaust ducting, air conditioning - ready to go!

- Secure basement parking + nearby public parking

* Total strata area: 305 sqm (approx.) comprising 265 sqm commercial + 25 sqm storage + 15 sqm secure car space

* Lease Details:

- 15-month lease + 3 x 3-year options (potential to 2035)

- Current passing rental $55,000 PA + GST (Gross)

- Market rent reviews at option

- Net Income: $33,583.12 PA + GST

* Outgoings (paid by Lessor):

Strata Levies: $15,070 PA (incl. GST)

Council Rates: $4,241.06 PA (no GST)

Fire compliance $2,111.88 PA (inc GST)

* Surplus to owner's requirements - ready to sell

* This investment with personality and future upside

* Strategic CBD position in a high-growth coastal town

* Ample lifestyle and tourism-driven demand in the area

* Port Macquarie is booming - with strong population growth, major infrastructure projects, and a thriving hospitality scene, it's the perfect place to invest. This property sits right in the heart of the action, yet offers a level of privacy and uniqueness that's hard to replicate.

* Contact Raine & Horne

Shop 1/136 William Street, Port Macquarie

T : 02 6584 0544