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4 Hastings River Dr 602 SF Retail Condo Unit Offered at $339,402 in Port Macquarie, NSW 2444
Investment Highlights
- Prominent location on Hastings River Drive, a major commercial corridor in Port Macquarie
- Close proximity to Port Macquarie CBD, retail precincts, and essential services
- Convenient connectivity to the Pacific Highway, enhancing regional and interstate access
- Positioned in a growing regional center with strong commercial and residential demand
Executive Summary
4 Hastings River Drive, Port Macquarie, NSW 2444 is situated on Hastings River Drive, this building occupies a prominent position in one of Port Macquarie’s main commercial corridors. The location offers superior connectivity to the central business district, nearby retail and dining precincts, and an extensive network of arterial roads. Hastings River Drive serves as a key route linking the township with the Pacific Highway, providing smooth access to surrounding regional hubs and supporting both local and inter-regional commerce.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | CP/SP105402 |
| Cap Rate | 6.51% |
| Sale Type | Investment |
| Cap Rate | 6.51% |
| APN/Parcel ID | CP/SP105402 |
Description
This 54 sqm office space sits within a modern, well-maintained building on Hastings River Drive in Port Macquarie. The layout supports a professional business environment with quality finishes and natural light. The property delivers two dedicated parking spaces for occupant convenience and offers excellent access to local amenities and major arterial routes, connecting easily to surrounding business hubs.
Sale Notes
Offered at $475,000, this 54 sqm commercial office property on Level 1 of a modern building at 18/4 Hastings River Drive provides a secure income-producing investment. The property is leased to a quality tenant under an agreement that commenced on February 7, 2025, with a two-year term and an additional two-year renewal option. It generates a gross return of $30,900 annually, equating to a 6.5% yield, making it an attractive portfolio addition for investors. Strata levies are reimbursed by the tenant, further enhancing net returns.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 18 | 602 SF | Retail | $339,402 ($563.79/SF) | $22,078.98 |
Unit 18
| Unit Size |
| 602 SF |
| Condo Use |
| Retail |
| Price |
| $339,402 ($563.79/SF) |
| NOI |
| $22,078.98 |
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Unit 18
| Unit Size | 602 SF |
| Condo Use | Retail |
| Price | $339,402 ($563.79/SF) |
| NOI | $22,078.98 |
| Sale Type | Investment |
| Cap Rate | 6.51% |
| APN/Parcel ID | CP/SP105402 |
| Description | |
| This 54 sqm office space sits within a modern, well-maintained building on Hastings River Drive in Port Macquarie. The layout supports a professional business environment with quality finishes and natural light. The property delivers two dedicated parking spaces for occupant convenience and offers excellent access to local amenities and major arterial routes, connecting easily to surrounding business hubs.</li></ul> | |
| Sale Notes | |
| Offered at $475,000, this 54 sqm commercial office property on Level 1 of a modern building at 18/4 Hastings River Drive provides a secure income-producing investment. The property is leased to a quality tenant under an agreement that commenced on February 7, 2025, with a two-year term and an additional two-year renewal option. It generates a gross return of $30,900 annually, equating to a 6.5% yield, making it an attractive portfolio addition for investors. Strata levies are reimbursed by the tenant, further enhancing net returns.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 19,838 SF | Floors | 3 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 6,620 SF |
| Property Subtype | Year Built | 2025 | |
| Building Class | C |
| Total Building Size | 19,838 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 6,620 SF |
| Year Built | 2025 |
Amenities
Site Amenities
- Controlled Access
- On-Site Retail
- Storage Space
- Elevator
- Walk-Up
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Videos
Matterport 3D Exterior
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Photos
Street View
Street
Map
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4 Hastings River Dr
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