20 Boundary Street,
Port Macquarie, NSW 2444

Hotel, Motel & Leisure

Price information

Sale - Expression of Interest

$3.3 Million excluding GST

Key property information

Land area

Floor area

Zoning

Tenure type

Private inspections

to arrange a private inspection.

Map of 20 Boundary Street

Directions

Train stations within 5 km of 20 Boundary Street, Port Macquarie, NSW 2444 Distance
Port Macquarie Station 3.3 km
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Bus stops within 5 km of 20 Boundary Street, Port Macquarie, NSW 2444	Distance
Hastings River Dr at Boundary St	259 m
Hastings River Dr Before Hibbard Dr	412 m
Hastings River Dr Opp Whalebone Wharf	420 m
Port Macquarie Airport	644 m
Hastings River Dr Opp Woods St	828 m

Land bank with cash flow ane Future Development Opportunity

* Appears to be highly suitable for a cabin/caravan park re-development as site has the appropriate land zoning, close proximity to town, super market close by, river closer by
* Surplus to owners requirements
Large land area 49,540 sqm approx
Zoned RE 2, Private recreation
- Permitted with consent - Aquaculture; Camping grounds; Caravan parks; child care facilities; Community facilities; Emergency services facilities; Information and education facilities; Kiosks; s; Recreation areas; Recreation facilities (indoor); Recreation facilities (major); Recreation facilities (outdoor); Respite day care centres; Restaurants or cafes; takeaway food and drink premises; Water recreation structures
An outstanding opportunity with future development upside (STCA).
Only 4.1km from the CBD
Improvements comprise main "club" building of 566 sqm approx., plus detached functions buildings of 155 sqm approx
Other improvements comprise 3 bowling greens, maintenance shed/s and and onsite car parking - estimated 200 spaces
A large tidal dam / retention basin to the western side of the lot is utilised with the ground lease to Hydro Golf and Putt Putt Golf.
The majority of site vacant and available for additional development (STCA) and/or continued usage /adaption of existing improvements
3 leases in place over small portion of site allows good holding income Gross $45,000 PA approx.
* Council Rates $9,652.00 PA approx, rateable value $500,000 Approx
Note: Improvements relating to the Put Putt Golf / Hydro Golf, Womens Shed and recycling collections infrastructure are the ownership of the respective lessee's and excluded from the sale.
arrange an inspection, please contact
* Call Raine & Horne Commercial
Luke Horton 0417 406 4...
Shop 3, 136 William Street, Port Macquarie
T : 02 6584 05...

* We have obtained all information in this document from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.