This is a very impressive piece of real estate that includes 6 apartments on the one title that will be sold to a very savvy purchaser.
The complex sits on a rather generous block of 871sqm (approx.) and is a very easy stroll to the sands of the patrolled Flynns Beach and even closer to the local eateries, medical and other specialty shops.
Each of the units are currently tenanted, some long standing tenants. This is a brilliant investment to hold with ample potential to add value, develop and or with scope to individually strata (subject to approval).
This extremely rare opportunity is now available and all interested parties are encouraged to act. We understand that buyers will want further information to make decision because of this we have organised an ‘information pack’ that includes other complex sales, current rents and potential, contract, pest/building reports and an ‘expressions of interest’ submission form.
The out-of- town owner is wanting to sell after near 20 years of ownership receiving good income and value growth.
This property will be sold via ‘expressions of interest’ which closes on the 24th of March, 5pm.

Gross Annual Income – $76,180 (with potential to increase)
Council Rates – $4,420
Block Size – 871 sqm
Floor Space Ratio – 1.5:1
Height Limit – 14.5m
Zoning – Medium Density Residential

- Located within an easy stroll to Flynns Beach, eateries even closer
- Minutes’ drive to Port Macquarie CBD
- Sitting on a generous 871sqm block (approx.)
- 6 apartments being sold in one-line (4 x 2 beds, 1 x 1 beds, 1 x studio)
- 6 incomes, no strata fees
- All apartments are currently rented
- Brilliant investment to hold, upgrade, develop, individually strata (subject to approval)
- Pest and Building Reports are readily available to all interested parties
- Suit investors, SMSF’s, developers, flippers

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.