CBD Abode with Studio This ultra-conveniently positioned fringe CBD character home, offers huge scope for the budding investor or developer. Currently rented at $880PW combined, with the main home on lease until Aug 24 at $600PW and the studio on lease until Jan 25 at $280PW. Just sit and collect rent or plan to develop the land (STCA) to take advantage of this increasingly popular & convenient location of Port Macquarie. Resting on a huge 1,054 sqm allotment in a desirable street, this 4-bedroom property with a separate studio delivers an exceptional opportunity in a handy location. They are not making any more land this close to all of Port's amenities and town centre with these excellent returns. The 4 bedrooms home has a spacious updated kitchen with an open plan design that allows you to enjoy meal times as a family. A separate rumpus room and outdoor balcony gives you the ultimate entertaining area overlooking the rear yard. Perfectly positioned – supermarket, shops, CBD, transport, medical, gym, all within 150 metres of property. Don't sleep on the wonderful opportunity, express your interest today. All reasonable offers considered before Auction. - Combined rent of $880PW from main home and studio - Separate electricity meters for ease of managing the tenants bills. - Ultra convenient location with 1054m2 land, ripe for development or landbank - Nothing to spend, just collect the rent while making plans - Main home features include 4 large bedrooms, 2 living areas - Hardwood timber floors, upgraded kitchen & bathroom - Separate open plan self-contained studio underneath main home - Side access into the huge rear yard, suitable for another dwelling - Scope to develop the whole block with villas or townhouses (STCA) - 80 metres to shopping centre, shops and medical - All offers considered before Auction Property Type: House & Studio Council Rates: $3,900 pa Property Age: 64 years Land Size: 1,054 sqm IDENTIFICATION MAY BE REQUIRED FOR ENTRY TO ALL OPEN FOR INSPECTIONS