Auction details
- Auction19November
Auction location: On Site
Contact the agent if you'd like further information.
Enquire with AgentRetail for Sale in Port Macquarie
A RARE LORD STREET OPPORTUNITY - FIRST TIME OFFERED IN 20 YEARS
- Building: 375m²
- Land: 1,882m²
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FloorplanOPEN FOR INSPECTION - Saturday 25th @ 12:00pm - 12:30pm
Nicely positioned within one of Port Macquarie's premier commercial precincts, this substantial property is being offered to the market for the first time in approximately 20 years.
For many years, the property has been home to an established local hire business servicing the community with marquees and event equipment for sporting events, functions and major occasions including Ironman and local sporting events.
After two decades of ownership and operation, our owners have decided it is time to slow down, having sold the business and now presenting this substantial parcel of land and warehouse to the market by public auction.
DEVELOPMENT POTENTIAL
Zoned MU1 - Mixed Use with an 11.5-metre height limit, the property presents an exciting opportunity for buyers looking to capitalise on its prominent position and consider a future redevelopment or reconfiguration of the site.
The existing building provides approximately 384sqm of floor area, offering a solid foundation for a range of potential uses.
Permitted without consent:
Home occupations
Permitted with consent:
- Amusement centres
- Boarding houses
- Car parks
- Centre-based child care facilities
- Commercial premises
- Community facilities
- Entertainment facilities
- Function centres
- Hostels
- Information and education facilities
- Light industries
- Local distribution centres
- Medical centres
- Oyster aquaculture
- Passenger transport facilities
- Places of public worship
- Recreation areas
- Indoor recreation facilities
- Registered clubs
- Residential flat buildings
- Respite day care centres
- Restricted premises
- Shop top housing
- Tank-based aquaculture
- Tourist and visitor accommodation
- Vehicle repair stations
BUYERS SHOULD CONDUCT THEIR OWN DUE DILIGENCE WITH COUNCIL AND RELEVANT AUTHORITIES REGARDING ZONING, PERMITTED USES, DEVELOPMENT POTENTIAL, HEIGHT LIMITS AND ANY FUTURE DEVELOPMENT PROPOSALS.
A SITE WITH OPTIONS
With its MU1 zoning, prominent location and range of potential uses, the property should appeal to a broad range of buyers.
It may suit developers looking to land bank for the future, builders seeking an opportunity to create a unique residential or mixed-use project, or owner-occupiers and investors considering uses such as medical, allied health, commercial or other approved activities.
The possibilities are considerable, subject of course to the necessary approvals.
Opportunities of this nature and scale rarely come to the market in this tightly held location. For the astute purchaser, this is an opportunity to secure a substantial site and potentially play a role in shaping the future building landscape of Lord Street.
OUR INSTRUCTIONS ARE CLEAR - THIS PROPERTY MUST BE SOLD!
Our owners are serious about moving forward and have given clear instructions to bring this property to the market and get it sold.
We strongly encourage interested buyers to do their research, undertake their due diligence, have their finances in order and be ready to bid on auction day.
This is an auction opportunity where registered and prepared buyers will have their chance to secure this property.
Auction - Be Ready to Bid.
Council Rates: Approximately $6,500 per annum
375m²
1,882m² / 0.47 acres
MU1 - MIxed Use
Vacant
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