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8 Elizabeth Street, Port Macquarie, NSW 2444, 2 Bedrooms, 2 Bathrooms, House

Price Guide $1,250,000 - $1,350,000

8 Elizabeth Street, Port Macquarie, NSW 2444

2
2
1
828m2
HouseListed on Thu Nov 28

Port Macquarie 2 Bedroom Charming Cottage with Ocean Glimpses: Prime Development Opportunity

Rates $2,800 pa | Land 828 sqm

Rental Appraisal $520 - $540 per week

This is a fantastic opportunity for savvy investors and developers to secure a prime piece of coastal land with tremendous potential. Located just minutes walk from the pristine, patrolled Flynns Beach, this property offers the rare chance to acquire an 828sqm block, including an original 2-bedroom beach cottage.

Set in a quiet street, the property is being sold as one parcel, with approval in place for subdivision into two lots, or an approved DA for 4 lot Torrens Title townhouses providing a range of development options. The land spans 828 sqm with a generous 56m wide frontage, offering excellent positioning for capturing northern sunlight, refreshing sea breezes, and breathtaking ocean glimpses.

The existing cottage, situated on the upper side of the block, provides an opportunity to live in or lease out while planning future development. Alternatively, you can take advantage of the approved subdivision or DA and move forward with your plans for development.

The surrounding area showcases a dynamic blend of newly built homes and established unit blocks, highlighting the area's growth and appeal. This makes it a highly attractive opportunity for builders and developers looking to capitalize on the area's ongoing development.

This rare offering won?t last long!

+ Short walk to patrolled Flynns Beach

+ 828sqm land holding with approx. 56m wide frontage

+ Existing cottage ideal for living or leasing out

+ Ocean glimpses and sea breezes

+ Approved subdivision into two lots

+ DA approved for four Torrens Title townhouses

+ Close to CBD, shops, cafes, and schools

Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$554,000Increased by 8% from year 2022
Land828m²
Planning ZoneGeneral Residential
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Floor Space Ratio0.65
Lot Size450 m²
Height of Building11.5 m
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Hastings Secondary College, Port Macquarie Campus
0.67 km
Secondary
7-12
Government
icsea: 969
Port Macquarie Public School
1.45 km
Primary
K-6
Government
icsea: 935

Property history

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Port Macquarie surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
15/13-17 Everard Street, Port Macquarie
0.07 km
2
1
-m2
Year 2025 Month 02 Day 13
-
Council approved
312/37 Pacific Drive, Port Macquarie
0.13 km
3
1
-m2
Year 2025 Month 02 Day 06
$345,000
Council approved
1/2 Arncliffe Avenue, Port Macquarie
0.09 km
3
1
-m2
Year 2025 Month 01 Day 21
-
Council approved
10 Elizabeth Street, Port Macquarie
0.03 km
3
2
-m2
Year 2024 Month 12 Day 18
-
Council approved
9/14 Arncliffe Avenue, Port Macquarie
0.07 km
1
1
58m2
Year 2024 Month 10 Day 17
$425,000
Council approved

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Ref:0000516269Last update:2024-12-11 04:05:19