48 Owen Street Port Macquarie, NSW 2444

When income, growth, and location align, serious investors act quickly. Opportunities like this are rarely released in Eastport - and when they are, they don't last. This dual-income property offers two residences on one title, reliable long-term tenants already in place, and a tightly held coastal position that continues to see fierce demand.
Set on a 615m² block in a quiet, tree-lined street, the property enjoys a strong street presence and a deep, level parcel with wide frontage and generous side access. The sunny north-to-rear yard provides exciting scope for future redevelopment (STCA) or a secure long-term investment with strong returns.
Two solid older-style dwellings occupy the site, each with 10-foot ceilings and great internal space.
The front residence includes two bedrooms (or two plus separate lounge), a sunroom, kitchen, bathroom, and laundry.
The rear dwelling offers two bedrooms, kitchen, bathroom, and laundry.
Both homes are well maintained and leased to dependable tenants - including one who has resided here for 17 years - ensuring instant income and no vacancy downtime.
With beaches, cafés, shops, and the CBD all just a short walk away - plus a convenience store right across the road - the lifestyle and location appeal only strengthen the long-term value of this rare holding.
Eastport remains one of Port Macquarie's most tightly contested markets. Dual-income opportunities on a single title are exceptionally limited. The motivated seller is inviting genuine offers now - delay and you will miss it.

• One title, dual income - strong returns from day one
• 1 Ã- BR unit plus sunroom & 1 Ã- 2BR unit, both with 10 ft ceilings
• 615m² level, sunny block with wide frontage & side access
• Long-term tenants in place - secure income stream
• Securely fenced with rear storage/workshop
• Short level walk to Town Beach, cafés, shops & CBD
• Convenience store directly across the road
• Limited opportunity - motivated seller wants action

Rates $3,800pa