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Shop 1/11 Clarence Street (Cnr Munster), Port Macquarie, NSW 2444

  • Floor Area:
    177sqm
    Warehouse Area:
    14sqm
    Land Area:
    125sqm
  • garages2
    • For Sale

      $1.285 million ex GST

      Commercial Investment Opportunity - Port Macquarie

      * Established purpose built Cafe/Restaurant premises with lease in place to 'The Corner' Restaurant.

      * Sold subject to existing lease.

      * Prime corner position tenancy located in quality tourist accommodation building "Macquarie Waters" within CBD.

      * Strata area 177 sqm approx comprising tenancy area of 125 sqm approx, plus 14 sqm approx basement coolroom/freezer room area + dry store and two (2) basement car spaces on title.

      * Access to a large outdoor seating area through council licensed area.

      * Five (5) years commencing 01/06/2023 and expiring 31/05/2028 (no further options), annual rent reviews by 4%.

      * Current Rental circa $77,174.94 PA (GST Exclusive) PA (as at 26/09/2025) and lessee pays 100%

      Outgoings - lessee pays 100%,

      • Council Rates - $2,207.33 PA GST Exc

      • Strata Levies - $23,760.40 PA GST Inc

      • Land Tax - Nil

      • Water Charges - as incurred

      * Food usage established in this location from completion of construction; since 2008 - purpose built for this usage.

      * Ample passing trade - accommodation above and surrounding this property and business trade.

      * Tourist precinct.

      * Modern, well presented building.

      * Contact office for further information Ph 02 6584 0544

      Or drop in to Shop 1, 136 William Street, Port Macquarie

      Share
      avatar Coralie Cooper
      Coralie Cooper
      Sales, Leasing & Management Agent
      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: L18173818
      • Property Type:Retail
      • Building / Floor Area:177 sqm
      • Land Area:125 sqm
      • Car Spaces:2
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