Shop 7/78-80 Horton Street, Peachtree Walk Arcade, Port Macquarie, NSW 2444

* Long term leased investment property

* Surplus to owners requirements

* Positioned in the well presented Peachtree Walk Arcade complex comprising of 21 shops located along the Main Street of town, close to Port Central, Port's Premier shopping complex

* Offering a tenancy area of 39 sqm approx with wide, floor to ceiling glass frontage on two sides

* Benefiting from excellent pedestrian activity with a good mix of shops in the arcade including cafe's, retail, professional and health & beauty

* Disabled access compliant building

* Access to shared use disabled amenities complex for whole arcade

* 22 onsite shared use car spaces and all day parking within walking distance

* Property is in zoned E2 Commercial Centre and has a permitted use as a retail, office, medical and health services, beautician, hair salon, etc

* Current lease expiring 30/05/2030 with 5 year option

* The current rental is $26,000 PA no GST plus Water and air cond servicing

* Mandatory Outgoings are the responsibility by Lessor and include Strata Levies: $7,700 PA & PMHC Rates: $2,472 PA

* NET Rent income: $15,828 PA ex GST

* Offered for sale @ 6.2% Nett return Asking Price - $255,000 No GST

* Existing fit out passing with sale as inclusions - reception and waiting area, two consult rooms and back of house storeroom, Cassette Air Conditioning unit, Hot water system, LED low energy lighting, flooring and Kitchenette

* An affordable entry level pricing to secure a commercial property - providing an immediate income stream and return on investment

* For further information please contact Raine & Horne Commercial

T: 02 6584 0544

Or visit our office at

"Quayside building", 136 William Street, Port Macquarie