4 Hollingworth Street
Port Macquarie NSW 2444
- 15 Parks
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Prime Investment / Development Opportunity: Le George Motel in Port Macquarie - A Waterfront Gem with High Growth Potential
Discover the allure of Port Macquarie, with a waterfront gem perfectly situated just a 4-hour drive from Sydney and 5.5 hours from Brisbane. Renowned as the commercial heart of the region, Port Macquarie boasts a thriving population and a robust economy.This vibrant city, celebrated for its pristine beaches, lush hinterlands, and pleasant year-round climate, is a top choice for travellers. With 10.12 million visitors in the past year alone, it's clear why Port Macquarie is the #1 regional destination in NSW.
Introducing Le Gorge Motel, a premier property offering a serene waterfront setting, yet just 500 meters from Port Macquarie's bustling retail, dining, and entertainment scene. This recently refurbished motel features 15 rooms and enjoys a robust average gross revenue of $300,000.
Set on a generous 935 sqm site zoned R4 High-Density Residential, Le Gorge Motel presents exciting opportunities. Whether you envision transforming it into a boutique hotel or redeveloping it into stylish residential apartments (STCA), this property is poised for significant growth.
Seize the chance to invest in a thriving tourist destination with both short-term gains and long-term potential. Le Gorge Motel is available for sale through a private treaty process, with due diligence materials provided upon request.
INVESTMENT HIGHLIGHTS
- Mid-tier motel offering 15 refurbished rooms plus swimming pool
- 935 sqm waterfront site with favourable R4 High Density Residential zoning
- Popular waterfront motel with significant development potential
- Conveniently within a 500m walk to the heart of Port Macquarie
- Reposition as a boutique hotel or redevelop for residential units (STCA)
- Located on the highly desirable Mid-North Coast of NSW
- Port Macquarie is a top tourist destination and vibrant regional city
- Pristine beaches, beautiful coastal walks and exciting events
- #1 regional NSW tourist destination with circa 10.12 million visitors
(September 2022)
- Diverse $5.4 billion economy supported by a substantial population
- Capitalise on tourism resurgence, housing demand and prime location
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.
Features
General Features
- Land Area: 935sqm
- Commercial Type: Land/Development
- Car Spaces: 15
Can I afford 4 Hollingworth Street?
Ideal Financial Group work closely with Elders Lifestyle Group to bring you a personalised approach. We are a local Mid North Coast based business and we understand the needs of people in this beautiful region. We can apply for finance and get a formal letter of pre-approval from the lender before you have found a property. This means your finance is ready to go when you do find the property of your dreams.
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Elders Real Estate Port Macquarie
Enquire about 4 Hollingworth Street, Port Macquarie, NSW, 2444