Construction Residential Apartments & Retail Suites, Port Macquarie NSW

Development Location:
The property is situated at 15-19 Clarence Street, Port Macquarie NSW

Development Type:

The amount of the loan facility is $9,000,000.00 and is for a term of 18 months.

The purpose of the loan facility is to provide funding for the construction of stage 1 comprising of:-

  • 20 x three bedroom apartments
  • 3 x retail suites on the ground floor
  • basement car parking

Port Macquarie is located 245kms north of Newcastle and is approximately 160kms south of Coffs Harbour NSW.

The site is located within the Port Macquarie CBD with Port Central Shopping Centre being the closest major shopping centre available.  Settlement City Shopping Centre is also located nearby.  The immediate area comprises of numerouscafes with outdoor areas as well as being within 650 metres walk to the popular Town Beach and 200 metres from the walking promenade on the foreshore.  The main retail strip within Port Macquarie is within 300 metres of the site and the Port Macquarie Base Hospital is located within 5.5kms.

Should you require further information in regards to this loan, please contact us to obtain the Supplementary Product Disclosure Statement.