Port Macquarie

Cnr Lake Road & Fernhill Road, Port Macquarie, NSW, 2444

Property 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 and is now fully leased.

Land area

19,842 m²

The total GLA/retail area

7,387 m²

Total Property Cost

$14,903,407

Current valuation

$18,700,000

Annual Rent

$1,442,357

Property Location

Show map
...