- 1,533sqm site area - R4 High Density Residential / 2:1 FSR / HOB 19m - GFA = 3,066sqm - Up to GFA of 3,985sqm and 24.7m with ARH Strategically positioned overlooking Port Macquarie's pristine waterway. This exceptional 1,533sqm land holding offers a unique opportunity for a luxury residential development benefiting from R4 Zoning and favourable planning controls permitting commercial and residential uses (STCA). 8-12 Gore St Port Macquarie benefits from the following key attributes: - Rare 1,533sqm site area - Up to 3,985sqm of permissible GFA in the exclusive suburb of Port Macquarie - Favourable planning controls including R4 High Density Residential zoning, 2:1 FSR, 19m Height of building which allows for a range of uses such as commercial and residential. - Strategically positioned in the heart of Port Macquarie with views of Hastings - - River and serene sunset views. - Regularly shaped corner land parcel with ease of access and massive street frontages of 81m. - Unobstructed water views from GF up. Lifestyle focused location in the heart of NSW's pristine North Coast with access to iconic beaches, cafes, shops and picturesque national parks offering an abundance of trails and coastal walks. Unlock the potential of a rare and exceptional investment opportunity - three adjoining blocks totalling approximately 1533 square meters, boasting a commanding 81 meters of street frontage in a sought-after, central location. Perfectly positioned on a corner site and surrounded by stylish, high-quality apartments, this property is a developer's dream. With R4 high-density residential zoning, a 19-meter height limit, and a 2:1 floor-to-space ratio, the scope for an innovative, high-return project is undeniable (STCA). Imagine crafting a sleek, modern residential complex just a flat 5-minute walk from the CBD, waterside cafes, fine dining, the Marina foreshore, and local social clubs. This location delivers the ultimate blend of convenience, lifestyle, and prestige - ideal for attracting discerning buyers or tenants seeking sophisticated urban living. Currently, the site comprises three tenanted 3-bedroom cottages, providing a steady rental income while you plan and prepare your development strategy. This is the perfect balance between immediate return and long-term gain. Whether you're an experienced developer or a visionary investor, opportunities like this - with size, zoning, and location all on your side - are incredibly rare. This is more than just land - it's a vision waiting to be realised. Don't miss the chance to secure your stake in one of the area's most exciting development prospects. 8-12 Gore Street, Port Macquarie is offered For Sale via Expression of Interest closing on 19th May 2025 at 3:00pm (AEDT) For more information and access to the Due Diligence, please contact the exclusive selling agent. Property details: Council Rates 8 Gore Street- $3,300 p/a approx 10 Gore Street- $3,300 p/a approx 12 Gore Street- $3,350 p/a approx Current Rental Pricing: 8 Gore Street - $400 p/w 10 Gore Street - $430 p/w 12 Gore Street - $460 p/w The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.
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Property ID: 504839216
Original Property ID: 504839216