Shops 14/25-27 Hay Street,
Port Macquarie, NSW 2444
Shops & Retail • Offices
Price information
Sale
Price Guide $330,000 - $360,000
Key property information
Land area
Floor area
Tenure type
Private inspections
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Map
Commercial Investment
A great investment located in the popular Colonial Arcade in Port Macquarie adjacent to Port Central and accessed via Hay Street or Horton Street.
2 solid tenancies as follows
14a - 3 x 3 year lease commenced 10/07/2022 current rent $16630.00 per annum
14b - 1 x 2 year lease commenced 01/01/2024 current rent $10,400.04 per annum
Gross income $27,030 per annum
Outgoings include Council Rates of $583 per quarter and Strata Levies of $1,137.50 per quarter
Nett Income is $20,148 per annum
Returning approx 6% per annum - an excellent long term investment in the heart of Port Macquarie Central Business District
2 solid tenancies as follows
14a - 3 x 3 year lease commenced 10/07/2022 current rent $16630.00 per annum
14b - 1 x 2 year lease commenced 01/01/2024 current rent $10,400.04 per annum
Gross income $27,030 per annum
Outgoings include Council Rates of $583 per quarter and Strata Levies of $1,137.50 per quarter
Nett Income is $20,148 per annum
Returning approx 6% per annum - an excellent long term investment in the heart of Port Macquarie Central Business District
Additional information
External websites
Property ID: 504609616Last Updated: 18 Jun 2024
04174736...
Shops 14/25-27 Hay Street
Port Macquarie, NSW 2444
Harcourts - Greater Port MacquarieShop 10 - 8 Short Street
PORT MACQUARIE, NSW 2444
PORT MACQUARIE, NSW 2444
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