Real Estate Industry Partners

Shops 14/25-27 Hay Street, Port Macquarie NSW 2444

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Floorplan

Shops 14/25-27 Hay Street, Port Macquarie NSW 2444

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$310,000

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 & 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

Property Details

  • Type: Retail, Offices
  • Building Area: 59 m² (approx)
  • Land Area: 59 m² (approx)
  • Outgoings: 6822.00
  • Tenancy: Vacant
Harcourts Greater Port Macquarie

Harcourts Greater Port Macquarie

Wauchope Branch: 56 High St, Wauchope NSW 2446

02 6586 1111

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ROSS LINDSAY

Call Ross Lindsay on
0417 473 620

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