Port Macquarie
R&H

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

  • Floor Area:
    39sqm
    Land Area:
    39sqm
    • Sold

      Retail shop/office for sale in a prime CBD location

      • Long term leased investment property offered @ 6.02% NET annual rental yield (or 10.00% GROSS yield).
      • Current lease expiring 30/05/2030 with 5 years option.
      • Current rent is $26,000 PA no GST with rent increases by fixed 3% each year.
      • Mandatory Outgoings are the responsibility of the Lessor and for 2025-2026 financial year are: Strata Levies $7,700 PA and Council Rates $2,637.08 PA.
      • NET rental return is $15,663 PA.
      • Positioned in the well-presented Peachtree Walk Arcade complex comprising of 21 shops (including Pizza Hut) located along the Main Street of town, close to Port Central, Port's Premier shopping complex.
      • Property is zoned E2 Commercial Centre and has a permitted use as a retail, office, medical and health services, beautician, hair salon and more.
      • Offering a tenancy area of 39 sqm with wide, floor to ceiling glass frontage on two sides.
      • Existing fit out offers reception and waiting area, two consulting rooms and back of house storeroom.
      • Inclusions comprise of a high efficiency Panasonic Cassette Air Conditioning unit, hot water system, LED low energy lighting, new flooring, partition walls and kitchenette.
      • Benefiting from excellent pedestrian traffic with a good mix of shops in the arcade including Pizza Hut, cafes, retail, professional and health & beauty.
      An affordable commercial property providing an immediate income stream and great return on investment with a strong growth potential. Suitable for a self managed super fund (SMSF) or a seasoned investor looking to diversify his portfolio.
      For further information please contact Raine & Horne Commercial
      T: 02 6584 0544
      A: 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: L35910459
      • Property Type:Retail
      • Building / Floor Area:39 sqm
      • Land Area:39 sqm