Nicely positioned on a high point of Gordon Street this single level 15 room Freehold motel seeks a new owner. Having owned the property for some 15 years our owner has now decided he is wanting to do other things and has said 'Greg, over to you to get a buyer'
The property is zoned B2 - Local Centre (and serves to provide a range of retail, business, entertainment and community uses), is approx 1,650sqm and has a height limit of 14.5mtrs which provides good scope for an intending purchaser/developer.
The current lessee has been in place for some 8 years with a further 17 years under the lease remaining. The motel has a reception area, a 2 bedroom manager's residence, double garaging with access from Ackroyd St, a mix of room types catering for different traveller requirements.
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 29,150 properties. Over the last 5 years, Houses in Port Macquarie have seen a 20.25% increase in median value, while Units have seen a 27.55% increase. As at 31 August 2026:
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