Boutique Complex with High Returns & Option for Future Short Term Rental
Offering home, income and lifestyle opportunities in one package, this property is as unique in facility as it is in location in the centre of Port Macquarie.
A passion project developed by the current owner for use as five or six apartments, this complex provides the purchaser with a multitude of options and scope for use.
Presently configured as five apartments, there are four residential leases in place attracting a gross income of $1,940 per week. The fifth apartment, retained for the owner's... [More]
Boutique Complex with High Returns & Option for Future Short Term Rental
Offering home, income and lifestyle opportunities in one package, this property is as unique in facility as it is in location in the centre of Port Macquarie.
A passion project developed by the current owner for use as five or six apartments, this complex provides the purchaser with a multitude of options and scope for use.
Presently configured as five apartments, there are four residential leases in place attracting a gross income of $1,940 per week. The fifth apartment, retained for the owner's personal use, would attract approximately $430 per week with a permanent tenant in place.
Previously operated as overnight / short-stay accommodation, it could revert to this model of operation in the future if desired with four apartments passing fully furnished.
Airbnb and serviced apartments provide lucrative opportunities within the accommodation industry, and the property's design capably provides for an on-site office with live-in option, or off-site management.
Non-residential options would benefit employers with a transient workforce, community organisations providing support services... the practical applications of this property's use and potential are boundless.
Secure on-site parking, laundry facilities and an inground pool enhance on-site services.
Neighbouring parkland creates a serene environment in a location walking distance from Port Macquarie's CBD with its retail, food and cultural precincts, The Westport Club, Panthers Port Macquarie, and the Settlement City and Marina shopping centres.
Located a seven minute drive from Port Macquarie Airport and 10 minutes off the Pacific Highway, 'Blueberry Apartments' are centrally located in a regional centre that is a gateway to the delights of the Mid North Coast and its stunning beaches, lush hinterland and diverse attractions including the Koala Hospital, Billabong Zoo, whale watching and water sports.
A thriving hub, its appeal continues to lure students and professionals attracted by Charles Sturt University and UNSW Rural Clinical School campuses, medical amenities and ancilliary services.
'Blueberry Apartments' is an extraordinary proposition for passive income, a residence with income, or future use for commercial, private or community enterprise.
Want to know more? Call the selling team today! [Less]
