29/1 Waugh St, Port Macquarie is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1730m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 2 bedroom Unit sold in Port Macquarie in the last 12 months.
Positioned in the heart of the CBD within the sought-after Macquarie Towers, this spacious 2-bedroom apartment offers the perfect combination of location, lifestyle, and investment potential. Just a hop, skip and jump to everything – cafes, shops, transport, and the waterfront – this property truly represents convenience at its best.
Step inside to discover an open and functional layout, featuring:
Two generous bedrooms with built-in robes
Currently tenanted on a permanent basis at $410 per week, this property is ideal for investors seeking solid returns, or for buyers wanting to move in or holiday let in the future.
With Strata rates approx. $1,800 per quarter and Council rates approx. $500 per quarter, this apartment represents a sound and smart investment in a high-demand location where opportunities like this are becoming increasingly rare.
Whether you’re looking for a quality investment, a low-maintenance home, or a holiday escape in a premium CBD setting – this property ticks all the boxes.
Location: Macquarie Towers – central CBD position
Current Rent: $410 per week
Strata: approx. $1,800 pq | Council: approx. $500 pq
Don’t miss this chance to secure a blue-chip CBD apartment with unbeatable river views and growth potential!
The size of Port Macquarie is approximately 54.2 square kilometres. It has 61 parks covering nearly 17.2% of 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 28,976 properties. Over the last 5 years, Houses in Port Macquarie have seen a 48.39% increase in median value, while Units have seen a 51.92% increase. As at 31 October 2025:
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