179 Gordon Street PORT MACQUARIE NSW 2444
Contact Agent

DESCRIPTION

From the above you can see our owners have been long time operators of The Koala Tree Motel which is bordering on the fringe of Port Macquarie's CBD precinct and on the Gateway Road coming in from the Pacific Highway into Port Macquarie. The motel has long been a stop destination for travellers and repeat clients who enjoy the location where you are a few minutes away from shopping centres, walkways, beaches and the airport and importantly the friendly staff.

The property is zoned B2 – Local Centre (and serves to provide a range of retail, business, entertainment and community uses) and has a height limit of 14.5mtrs which provides good scope for an intending purchaser/developer.

Whilst motels have diminished in the town over the past nearly 20 years to make way for the many of our high-rise apartment complexes, those remaining have generally been held long term and this property is no different.

Right now there are no such properties for sale in Port Macquarie, so if you are an intending developer and this site is just what you have been looking for then long term income generation provides ongoing revenue until such times as you have your DA approvals in place.

If this property type is what you have been waiting for and you require further information then you need to contact Tony or Greg without delay.

Rates - $4,800pa