* Appears to be highly suitable for a fast food, service station, multi-storey shop top housing consideration due to land zoning and location on main entry and walk to CBD and beach / foreshore amenities * Large land area of 6,193m² * Corner Site - positioned at the intersection between Gordon Street and Hollingworth Street * 800 metres south-west of the CBD. * Main road entry location and commands prominent exposure to passing vehicular traffic. * Surrounding development comprises fast food outlets ( Red Rooster and Burger King), Shell service station, and national traders - Coles & Dan Murthy's. * Improvements total 1,706 sqm approx of commercial buildings and balance of site concrete sealed display yard/car parking/driveways * Building 1 - current unoccupied - the main building (ex purpose built Holden showroom and workshop) comprises 1,416 sqm under roof and split as a modern showroom with warehouse for vehicle servicing. Includes amenities and air conditioning, roller shutter access to rear workshop/warehouse area, wash down bay and ample storage facilities, plus board room. * Building 2 - under lease, the newer building (ex Purpose built Mazda Showroom) is approx 190 Sqm (19m x 10m) of air conditioned showroom area. * Part site lease in place over building 2 and an allocated hardstand area for caravan yard sales for recently commenced term of 5 years + 5 years (with termination clause from 2026) - Gross current rental collected $150,000 PA ex GST * Balance of site offering development, upgrade, owner occupier use or lease potential for investors * Two street frontage and three access driveways are a major benefit to this site * Existing security fencing - all concrete sealed and landscaped * Land use Zone E1 Local Centre - uses Permitted with consent include:- Amusement centres; Boarding houses; Centre-based child care facilities; Commercial premises; Community facilities; Entertainment facilities; Function centres; Information and education facilities; Local distribution premises; Medical centres; Public administration buildings; Recreation facilities (indoor); Respite day care centres; Service stations; Shop top housing; Veterinary hospitals * Opportunity - development for fast food, service station, mixed use Shop top housing taking advantage of hight limits. * FSR 2:1 and Height limits 19m - 6 levels approx. * Council rates are $16,189.66 PA 2024/2025 and ratable value is $3.7 Million * Contract of sale available upon request * Call Raine & Horne Commercial Luke Horton 0417 406 414 Shop 3, 136 William Street, Port Macquarie Ph 6584 0544 * We have obtained all information in this document from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations
Email enquiry to Raine & Horne Commercial - Port Macquarie
Property ID: 504674076