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115 Gordon Street, Port Macquarie, NSW 2444
For Sale
Expressions of Interest Closing 9.10.24
Prime Corner CBD development Site - High profile Mixed use potential
* For sale by Expressions of Interest Closing 9.10.24
* 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 a term of 5 years + 5 years (with termination clauses)
- Gross 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.
- Property ID: L25703736
- Property Type:Land/Development
- Building / Floor Area:6193 sqm
- Land Area:6193 sqm