Shop 6/78-80 Horton Street, Peachtree Walk Arcade, Port Macquarie, NSW 2444

* Invest in the CBD of Port Macquarie

* This ground floor shopfront is located in Peachtree Walk Arcade, a well-positioned, affordable retail shop

* Located within a vibrant Walk through Arcade, this 46 sqm approx strata-titled property offers strong pedestrian exposure, a mix of surrounding established businesses, and the flexibility to either owner-occupy or invest with immediate rental income.

* Peachtree Walk Arcade is a well-maintained, single-level retail hub consisting of 21 individual tenancies. From cafes and fashion to hair salons, health services and national brands like Optus and Pizza Hut, this arcade thrives on local and tourist foot traffic, and is just steps from the popular Port Central Shopping Centre.

* Inclusions with sale are; split system air conditioning, floor coverings, ceiling grid and retail lighting, a kitchenette, feature lighting, fitted safe and some built in benches

* For investors, the current tenant is a well established manufacturing, retail and repair of jewellery shop, secured on a 3 year lease that commenced this year in January 26 and expiring December 2028 + three year option to extend.

* Current rental is $34,060 PA (being $655 per week) ex GST gross, with the tenant covering water usage and routine air conditioning servicing.

* Mandatory outgoings (strata and council rates) covered by the property owner are $6,358.00 PA and $2,818 PA respectively,

* The net income is $24,883 PA ex GST.

* Fixed 3% annual increases in rental

* Minutes from Port Central Shopping Centre, Port's Premier Shopping Centre

* Whether you're a first time investor, or looking to looking to expand your portfolio, this property offers exceptional value, return on purchase price and CBD location.

For further information please contact Raine & Horne

Luke Horton 0417 406 414 or work 02 6584 0544

Or visit our office at "Quayside building", 136 William Street, Port Macquarie