Port Macquarie

27 Garden Crescent

3 2 1 1 1 Land: 1012 SQM

SOLD - Undisclosed

Residential apartments - development potential.

What would you develop on an elevated parcel of land (1,012m²) just a short walk from Port Macquarie's cbd and waterways? This opportunity is all about the location. The owner has various concept plans for blocks of residential luxury apartments available for approved applicants requesting further information. Zoned R3 medium density residential with a 17.5m height restriction. Currently on the site is a charming 1930's four-bedroom home, with pool; vacant and ready for short-term rental while you get you plans approved for construction.

- Land: 1,012m². Elevated with North / Northeast views of distant mountain ranges with the Hasting River and Pacific Ocean framing the foreground.

- Location: on a side road opposite a park with no through traffic. Walking distance to shopping centre, cafés, restaurants, two clubs, bowls, children's playground and river frontage. Medical centre opposite and hospital close by. It's a two-minute drive to Port Macquarie's cbd and a little further to world-class beaches. The airport is ten minutes' drive and Sydney around 3.5 hours' drive.

- Home: currently on the site is a period timber home (1930's) with four bedrooms, two toilets, laundry and pool. A classic Aussie home steeped in history and charm with original timber floors and features throughout. Our property manager will be able to discuss short-term rental opportunities to create income while development plans are being approved.

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