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. A development application has been submitted to reconfigure the property into a large format retail centre. "

Land area

19,842 m²

The total GLA/retail area

8,801 m²

Lease Commencement Date

17/11/2003

Total Property Cost

$7,906,249

Current valuation

$11,000,000

Annual Rent

$1,033,774

Project Location

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