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48 Owen Street,
Port Macquarie 2444, New South Wales
$915,000
Property details
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Agents
One title, two incomes, zero time to wait - this one will move fast!
When income, growth, and location align, serious investors act quickly. Opportunities like this are rarely released in Eastport - and when they are, they don't last. This dual-income property offers two residences on one title, reliable long-term tenants already in place, and a tightly held coastal position that continues to see fierce demand.
Set on a 615m² block in a quiet, tree-lined street, the property enjoys a strong street presence and a deep, level parcel with wide frontage and generous side access. The sunny north-to-rear yard provides exciting scope for future redevelopment (STCA) or a secure long-term investment with strong returns.
Two solid older-style dwellings occupy the site, each with 10-foot ceilings and great internal space.
The front residence includes two bedrooms (or two plus separate lounge), a sunroom, kitchen, bathroom, and laundry.
The rear dwelling offers two bedrooms, kitchen, bathroom, and laundry.
Both homes are well maintained and leased to dependable tenants - including one who has resided here for 17 years - ensuring instant income and no vacancy downtime.
With beaches, cafés, shops, and the CBD all just a short walk away - plus a convenience store right across the road - the lifestyle and location appeal only strengthen the long-term value of this rare holding.
Eastport remains one of Port Macquarie's most tightly contested markets. Dual-income opportunities on a single title are exceptionally limited. The motivated seller is inviting genuine offers now - delay and you will miss it.
• One title, dual income - strong returns from day one
• 1 Ã- BR unit plus sunroom & 1 Ã- 2BR unit, both with 10 ft ceilings
• 615m² level, sunny block with wide frontage & side access
• Long-term tenants in place - secure income stream
• Securely fenced with rear storage/workshop
• Short level walk to Town Beach, cafés, shops & CBD
• Convenience store directly across the road
• Limited opportunity - motivated seller wants action
Rates $3,800pa
Set on a 615m² block in a quiet, tree-lined street, the property enjoys a strong street presence and a deep, level parcel with wide frontage and generous side access. The sunny north-to-rear yard provides exciting scope for future redevelopment (STCA) or a secure long-term investment with strong returns.
Two solid older-style dwellings occupy the site, each with 10-foot ceilings and great internal space.
The front residence includes two bedrooms (or two plus separate lounge), a sunroom, kitchen, bathroom, and laundry.
The rear dwelling offers two bedrooms, kitchen, bathroom, and laundry.
Both homes are well maintained and leased to dependable tenants - including one who has resided here for 17 years - ensuring instant income and no vacancy downtime.
With beaches, cafés, shops, and the CBD all just a short walk away - plus a convenience store right across the road - the lifestyle and location appeal only strengthen the long-term value of this rare holding.
Eastport remains one of Port Macquarie's most tightly contested markets. Dual-income opportunities on a single title are exceptionally limited. The motivated seller is inviting genuine offers now - delay and you will miss it.
• One title, dual income - strong returns from day one
• 1 Ã- BR unit plus sunroom & 1 Ã- 2BR unit, both with 10 ft ceilings
• 615m² level, sunny block with wide frontage & side access
• Long-term tenants in place - secure income stream
• Securely fenced with rear storage/workshop
• Short level walk to Town Beach, cafés, shops & CBD
• Convenience store directly across the road
• Limited opportunity - motivated seller wants action
Rates $3,800pa
Explore the area
School catchments
- Hastings Secondary College, Port Macquarie Campus Secondary 7-12 Government 0.25km
- Port Macquarie Public School Primary K-6 Government 0.90km
- North East Public School of Distance Education Primary K-6 Government 0.90km
- Port Macquarie Steiner School Primary K-6 Independent 1.6km
- Hastings Public School Primary K-6 Government 1.9km
- St Agnes' Primary School Primary K-6 Catholic 2.2km
- Hastings Secondary College, Westport Campus Secondary 5-12 Government 2.4km
- St Joseph's Primary School Primary K-6 Catholic 2.5km
- Westport Public School Primary K-6 Government 2.6km
- MacKillop College Port Macquarie Secondary 7-12 Catholic 3.0km
- St Peter's Primary School Primary K-6 Catholic 3.6km
- Heritage Christian School Combined K-12 Independent 3.8km
- Port Macquarie Adventist School Combined K-11 Independent 4.1km
- Tacking Point Public School Primary K-6 Government 4.1km
- Newman Senior Technical College Secondary 11-12 Catholic 4.6km
- St Columba Anglican School Combined K-12 Independent 5.0km
- The Nature School Combined K-9 Independent 6.1km
- St Joseph's Regional College Secondary 7-12 Catholic 8.7km
- Telegraph Point Public School Primary K-6 Government 16.5km
- Lake Cathie Public School Primary K-6 Government 17.2km
- Wauchope High School Secondary 7-12 Government 18.0km
- Camden Haven High School Secondary 7-12 Government 28.6km
- Kempsey Adventist School Combined K-12 Independent 37.7km
- Melville High School Secondary 7-12 Government 39.5km
- Kempsey High School Secondary 7-12 Government 41.7km
- St Paul's College Secondary 7-12 Catholic 42.7km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Floorplan
Contact Lance Dekker
Contact Lance Dekker
Lance Dekker
48 Owen Street, Port Macquarie NSW 2444
Request a callback
Lance Dekker
48 Owen Street, Port Macquarie NSW 2444