65 Clarence StreetPort Macquarie NSW 2444
Property Details for 65 Clarence St, Port Macquarie
Last Listing description (May 2026)
* Land mark location, long lease and redevelopment potential
* CBD of Port Macquarie in a tightly held precinct - Backing onto the town green and Hasting River
* Sale subject to existing long term lease lease of 7 year commencing December 2021 + two X 5 years options
* The lessee pays, as per the lease 100% of outgoings - including rates, insurances, land tax and water
* Rent reviews: 3.5% pa and Market at option
* Operating as a Bar AND restaurant for over 35 years
* Lease includes a redevelopment exit clause for lessor
* Land area : 619 sqm approx.
* The improvements offer 330 sqm approx of ground floor area used as kitchen, restaurant dinning, bar, and out door area, plus a further 154 sqm of level one current used as office, but prior residential usage
* Zone E2 Commercial Centre - with primary usages including; Commercial premises; Function centres; Hotel or motel accommodation; Medical centres; Shop top housing; STCA
* The hidden value in this site is the Floor Space Ratio 3.5:1 - and Height of Buildings 19 m - potential 6 levels of development STCA, plus the lease includes a redevelopment exit clause for the lessor, good income now and extra value later on
* Easily managed single tenants
* Hogs Breath has been established as a brand since opening the first restaurant in July 1989 at Airlie Beach, Queensland . There are outlets in New South Wales, Queensland, Victoria, Western Australia and Tasmania - a national brand. The Hog's Breath experience includes Prime Rib Steak and Curly Fries.
* First time offered for sale in over 2 decades
Contact Raine & Horne Commercial to discuss - Luke Horton 0417 406 414
"Quayside Building" 136 William Street Port Macquarie
Ph 02 6584 0544
Property History for 65 Clarence St, Port Macquarie, NSW 2444
- 18 May 2026Sold for $3,775,000
- 23 Feb 2026Listed for Sale $4.2 million ex GST
- 13 Jan 2003Sold for $1,300,000
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About Port Macquarie 2444
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 29,148 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:
- The median value for Houses in Port Macquarie is $952,889 while the median value for Units is $650,401.
- Houses have a median rent of $690 while Units have a median rent of $530.
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