Located in Grant Street Port Macquarie providing a central position and within easy walk of the Central Business District, swimming pool, cafes, restaurants and the beach.

Comprising of a total of 9 units made up by 8 x 1 bedroom units and 1 x 2 bedroom. Built in brick and fibro the front 6 units were built as a motel and then converted and around 1990 three units were constructed in brick at the rear. Carports and a single garage.

Gross yearly rentals are around $74,360 (based on a fully let basis) and outgoings are $15,692 providing a possible nett yearly return of $58,668.

Asking price of $1.2M
(Provides for around a 4.889% nett return)

Price:

$1,200,000

Address

Port Macquarie - PORT MACQUARIE

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