68 William Street, Port Macquarie, NSW 2444

Block Of Units
Type
6
Bedrooms
4
Bathrooms
3
Parkings
689 m²
Area

Published on Wednesday, July 15, 2026 ( See property details for 68 William Street, Port Macquarie, NSW 2444)

Price Guide $1,200,000 - $1,300,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Exceptional investment opportunity on a north-facing 689sqm block in Port Macquarie's desirable Town Beach precinct, offering immediate rental income and future development potential (STCA).

🏡 Property Highlights

  • Prime north-facing 689sqm block in the sought-after Town Beach precinct
  • Immediate rental income of $980 per week with potential for future development (STCA)
  • Well-maintained complex comprising 4 units: 2 x 2-bedroom and 2 x 1-bedroom units
  • Excellent location just 600m from Town Beach and within walking distance to cafes, shops, and CBD
  • Side access leading to a large backyard with garage, double carport, and substantial storage shed
  • Potential to develop up to 14.5m building height (STCA)

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area / Balcony
  • Internal Laundry
  • Fly Screens
  • Water tank

Port Macquarie is a vibrant coastal town renowned for its stunning beaches, thriving cafes and restaurants, and strong community atmosphere. The suburb offers excellent infrastructure, ongoing growth, and high demand for quality housing, making it an ideal location for investors and developers seeking long-term value. Its proximity to the CBD and waterfront amenities ensures a desirable lifestyle and strong capital growth prospects.

What is the current rental income and potential for future income growth?
The property currently generates $980 per week in rental income, with one unit lease increasing to $375 per week from September 2026, and potential for increased income as leases renew.
What are the development opportunities for this site?
The site is R4 zoned with a potential building height of up to 14.5 metres (STCA), offering significant development opportunities including multi-unit or townhouse projects.
Are there any planning restrictions or approvals required for development?
Development is subject to council approval (STCA). Buyers should conduct their own due diligence regarding zoning, planning controls, and building regulations.
What is the condition of the existing units and infrastructure?
The units are well-maintained, with side access, a large backyard, garage, carport, and storage shed, ready for immediate rental or renovation.
What amenities and services are nearby?
The property is within walking distance to Town Beach, cafes, restaurants, Port Central shopping, and the CBD, providing a highly convenient lifestyle.
Are there any existing easements, covenants, or planning restrictions affecting the property? Has the property been affected by flooding, bushfire risks, or other environmental hazards? Are there any upcoming developments or planning proposals in the area that could impact the property’s value? What are the strata or community title considerations, if applicable? Are there any hidden costs associated with the property, such as outstanding rates or levies? Is the property compliant with all building codes and regulations, including any recent renovations? What is the zoning classification and are there any restrictions on future development? Are there any noise or nuisance issues from nearby properties or infrastructure? What are the terms and conditions of current leases, and are there any lease renewal risks? Is there any history of pest, mold, or structural issues that should be disclosed?

68 William Street, Port Macquarie, NSW 2444 - More Details

Price Guide $1,200,000 - $1,300,000

Rates $5,850pa | Land 689sqm
Current Combined Rental Income: $980 per week

Positioned on a north-facing 689sqm block this exceptional offering presents an opportunity to secure a well located site within the tightly held Town Beach precinct. The value here lies not only in the size of land and prime location, but what this R4 zoned site has the capacity to become (STCA).

Combining immediate rental income with future development potential (STCA), it’s a compelling acquisition for investors, developers and land bankers seeking long-term value in one of regions most desirable coastal locations.

The property comprises of four units, including 2 x 2-bedroom units and 2 x 1-bedroom units.

Current Tenancies

+ Unit 1: $360 per week, increasing to $375 per week from 18/09/2026
+ Unit 2: Vacant
+ Unit 3: $300 per week
+ Unit 4: $320 per week

Side access leads to a large backyard incorporating a garage, double carport and substantial storage shed.

Only 600m from Town Beach, a 2-minute walk to Bandwagon Cafe and approx. 750m on foot to Port Central, the location places beaches, cafes, restaurants, shopping, and the CBD all within walking distance.

Port Macquarie continues to experience sustained population growth, significant investment in health, education, and infrastructure, together with increasing demand for housing. These fundamentals continue to reinforce the long-term value of well-located properties close to the CBD and coastline.

This is the address every investor wants. Now’s the time to make your move! Bring your tools and unlock the potential!

Inspection by Private Appointment only

+ Prime 689sqm block with14.5m building height STCA
+ 2 x 2BR units 2 x 1BR units
+ Three currently leased & one vacant
+ North facing with side access to large backyard
+ Garage, carport and storage shed
+ 600m to Town Beach and 750m walk to CBD
+ Immediate income with future development potential STCA

Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Type
Block Of Units
Bedrooms
6
Bathrooms
4
Parkings
3
Area
689 m²

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