Port Macquarie

Project Description

The property is located on the corner of Lake Road and Fernhill Road, in an established industrial and large format retail area 3.5 kilometres south of the main business district. Lake Road connects the town centre of Port Macquarie with the Pacific Highway. Port Macquarie is a regional city, located approximately 400 kilometres north of Sydney and approximately 150 kilometres south of Coffs Harbour.

Other retailers in close proximity include Harvey Norman, Captain Snooze, Barbeques Galore, and various homemaker outlets. In March 2020, the Trust completed works totalling $6.6 million to reconfigure the property vacated by Bunnings in mid-2019, into a large format retail centre anchored by Amart Furniture.

Land area

19,842 m²

The total GLA/retail area

8,801 m²

Lease Commencement Date

17/11/2003

Total Property Cost

$14,680,622

Current valuation

$16,800,000

Annual Rent

$1,187,250

Project Location

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