151 Lake Rd, Port Macquarie is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 2207m2. While the property is not currently for sale or for rent, it was last sold in July 2025.
An exceptionally rare offering in one of Port Macquarie's most connected locations, this dual-villa property presents a wealth of possibilities for developers, builders, investors or families seeking flexible living and future growth.
Set on a generous 2,207 m block, the property comprises two solid brick villaseach with its own carportand a large, level parcel of land to the rear. With DA approval already in place for subdivision and construction of a new single level home on its own 1504m2 block, the groundwork has been laid for a lucrative development or multi-generational living solution.
Enjoy unparalleled convenience with direct access to Lake Road, allowing for swift commutes and seamless access to the CBD, beaches, medical precincts and schools. The location blends residential comfort with urban convenience, making it a practical and future-focused investment.
Property Features:
- One 3-bedroom villa with 1 bathroom and single carport
- One 2-bedroom villa with 1 bathroom and single carport
- Solid construction ideal for ongoing rental, renovation or redevelopment
- Spacious rear block of 1504m2 with DA approval to subdivide and build a new house or villas
- Create two separate titles with scope and opportunity
- Flexible layout suitable for multi-generational families or income-producing investment
Lifestyle & Location:
- Centrally located close to Port Macquarie's CBD, medical services, beaches and schools
- Perfect blend of accessibility and privacy, with thoughtful separation from the main road
- Quiet residential setting with exciting development potential in a growing community
Whether you're seeking to build, invest, renovate or reside, this unique property offers the scale, location and approvals to support your visionnow and into the future.
For more information or to arrange a private inspection, contact Shannon Wood at Patterson First National Real Estate today. A versatile opportunity like this is rarely available in such a prime in-town position.
Property Type: Villa's
Council Rates: $3,200 pa
Rent: $800 pw (potentially)
Land Size: 2,207 sqm
IDENTIFICATION MAY BE REQUIRED FOR ENTRY TO ALL OPEN FOR INSPECTIONS
The size of Port Macquarie is approximately 54.2 square kilometres. There are 61 parks, covering nearly 17.2% of the total area. The population of Port Macquarie in 2016 was 44830 people. By 2021 the population was 47693 showing a population growth of 6.4% in the area during that time. The predominant age group in Port Macquarie is 60-69 years. Households in Port Macquarie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Macquarie work in a professional occupation.In 2021, 63.70% of the homes in Port Macquarie were owner-occupied compared with 64.00% in 2016.
Port Macquarie has 29,099 properties. Over the last 5 years, Houses in Port Macquarie have seen a 21.90% increase in median value, while Units have seen a 28.30% increase. As at 31 July 2026:
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