1 Allambie Place, Port Macquarie, NSW 2444

Discover the epitome of coastal living nestled just minutes from Port Macquarie's CBD. Seamlessly blending contemporary comfort with practical design, this unique property offers not one, but two distinct homes on a single title.

Presenting an unparalleled opportunity for savvy investment with a potential combined income of $1,060 per week (gross return in the range of 5%-5.5%), or the perfect remedy to multi-generational living, each home is currently leased to long-term tenants who would love to stay on.

Both homes are bright, modern, and designed for low-maintenance living. The larger residence features four spacious bedrooms, separate living and dining areas, and a modern kitchen with classic white cabinetry, a subway tile splashback, electric cooking, and stainless steel appliances. A three-way bathroom and an additional toilet service the household, while the expansive covered outdoor entertaining patio offers the ideal space for gatherings.

The secondary dwelling offers an open-plan living area filled with natural light, a stylish kitchen with gas cooktop and dishwasher, and two comfortable bedrooms with built-in robes. A combined bathroom and laundry further enhance functionality. Ceiling fans and reverse cycle air conditioning in both residences ensure year-round comfort. The villa also enjoys its own private garden shed, a generous paved courtyard, and off-street parking, offering added convenience and privacy.

Positioned centrally, this property offers easy access to Port Macquarie's vibrant lifestyle. Stroll to the CBD, Growers Markets, clubs, Settlement City, and the beautiful Hastings River waterfront. Whether you're enjoying the relaxed coastal vibe of in-town living or exploring the surrounding area, Port Macquarie's stunning beaches, pristine riverfront, and natural beauty offer a lifestyle second to none. With a laid-back atmosphere, renowned local cafes, and a variety of outdoor activities, this is coastal living at its finest.

A prime investment opportunity, this unique offering provides the option to enjoy a dual income stream, live in one residence while leasing the other, or provide independent living for extended family members. Don't miss this feature-packed property in an exceptional location.