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Shops 1 & 2, 84-86 Horton Street, Port Macquarie, NSW 2444

Shops 1 & 2, 84-86 Horton Street, Port Macquarie, NSW 2444

Retail Offices

  • For Sale
  • $1.75 Million NO GST going concern
  • For Sale

  • Land Area
  • 227.00 m² (approx)
  • Floor Area
  • 188 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Apr 29, 2021
  • Zoning
  • Commercial Core

Additional Details


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Raine & Horne Commercial - Port Macquarie

Shop 3, Quayside Building, 136 william Street

Port Macquarie NSW 2444

ASX Tenant - 2 Shop investment - Main Street Commercial Port Macquarie

* Asking price of $1.75 Million no GST
* Two commercial shopfront investment - Freehold Title.
* Occupier by ASX listed "the Athletes foot" in shop 1 and vacant shop 2 for lease and may suit owner/occupier use
* Freehold site with rear access
* Well maintained
* Extremely busy location with constant pedestrian and vehicle traffic
* Strategic CBD land holding
* Projected gross income circa $142,290.75 PA (GST Exc)
* Ongoing costs $24,169 PA approx paid by owner (includes Council Rates, Building Insurances, common power, water usage, allowance for R&M, no land tax on single holding basis - rateable value $650,000).
* Nett Potential Income (fully leased) of circa $118,121.47 PA (GST Exc) and based on asking price of $1.75 Million no GST= a projected return of 6.75 % nett approx. fully leased
* We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
* Contact Luke Horton - 0417 406 414
Raine & Horne Commercial
Shop 3, 136 William Street, Port Macquarie
T : 02 6584 0544

Shops 1 & 2, 84-86 Horton Street, Port Macquarie, NSW 2444

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