$365,000 - $395,000
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5/2 Mort Street, Port Macquarie NSW 2444

Apartment
211
Block size: 567 m² approx.

Cheap Two Bedroom Unit

A perfect opportunity to enter the property market with this conveniently located apartment on the western fringe of town, nicely positioned between the CBD and the university at Innes Lake. Situated on the top floor of a small block of just 5 apartments, this property offers convenience plus.

Featuring two bedrooms, each with built-in robes, and a separate toilet, this apartment ticks a few boxes. The sizeable lounge area provides a good space for the residents of the apartment.

With a reliable tenant in place for over 15 years, this property is an ideal option for savvy investors seeking a steady rental income stream. Alternatively, it presents an excellent opportunity for first home buyers to enter the market at a fantastic price.

Convenience is key with this property, as it is within walking distance to supermarkets, clubs, cafes, and other amenities. Plus, it offers a parking space for added convenience and peace of mind.

Neat and tidy throughout, this apartment is ready for you to move in or rent out immediately. Don't miss out on this fantastic opportunity to secure a foothold in the property market.


- Affordable unit, block of just 5
- Positioned well between CBD and university
- Neat and tidy, in good order
- Offers further potential for updating
- Moments to supermarket, club, river walk
- Sizable lounge, 2 bedrooms with built-ins
- Provides off street car space
- Suit both investors and first home buyers
- Same tenant in place for 15 years plus

Property Details:
Council Rates: $2,067 pa approx.
Strata Fees: $908.50 pq approx.
Rental Potential: $350 - $375 per week

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Inspections

Saturday, 27 Apr9:30am - 10:00am
Can't inspect in person?

Contact David Plews to enquire about this property including alternatives to in-person inspections.

Key details

Bedrooms:
2
Bathrooms:
1
Garage Spaces:
1
Property type:
Apartment
Block Size:
567 *

Other Details

Lot:
5
Plan Type:
SP
Plan:
73769
Legal description:
5/SP73769
Elders Real Estate Port Macquarie
Next Inspection:

Maps and area information

Block information
Block size: 567 (approx)
Legal description: 5/SP73769
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Nearby sales

Looking to compare sales prices?

We found 26 apartments with 2 bedrooms that just sold near 5/2 Mort Street Port Macquarie

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
24 Apr 2017
Sold
First National Port Macquarie
$227,500
Contract: 13/03/2017
Transfer: 24/04/2017
Listed: 01/02/2017
Days on market: 40
Transfer type: Full transfer
Purpose: Residence

Port Macquarie suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
49 years
Population
47,693
Listing ID: 182405569. This listing has been viewed 13 times. It was first displayed on 27/03/2024 and last updated on 23/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.