4 Allambie Place

Set back on a 796sqm block in a quiet culdesac just minutes from the CBD, this charming 3-bedroom brick home presents a fantastic opportunity for investors, developers or builders seeking immediate rental income with exceptional long-term potential. Leased to an excellent tenant at $595 per week until March 2027, if offers a secure return from day one while providing time to plan for the future. Versatile in layout the home includes a light-filled lounge room, a mix of polished timber and modern plank floors, a sun-filled family room at the rear with exposed timber ceilings, three bedrooms, two bathrooms and an original well-kept kitchen. Outdoors a big backyard, wide side access, off-street parking, and a secure double garage/workshop enhance the property's versatility. The expansive block and wide frontage offers exciting possibilities for a future development (STCA). An ideal opportunity to landbank, redevelop or renovate and add value over time. Within walking distance to the Growers Market and close to the CBD, Settlement City, Westport Club and river foreshore, this is a location where convenience and future possibilities combine to create an outstanding investment opportunity. Port Macquarie just keeps on expanding, so secure the income today while planning for tomorrow. - 3BR brick home on generous 796sqm block - Future development potential (STCA) - Excellent tenant-leased at $595 PW until March 2027 - Quiet culdesac just minutes from the CBD - Wide side access to 2-bay shed & big backyard - Three bedrooms, two bathrooms, living area & family room - Polished timber floors & exposed beams add character - Ideal landholding for investors, builders & developers Property Details Council Rates: $3,050 p/a Rental: Currently $595 p/w Land Size: 796sqm Disclaimer: The information contained in the advertising of this property is not based on any independent enquiries or knowledge of 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