After all the talk and rumours PMHC have finally announced their Proposal for the Orbital Road Corridor. If adopted, this will see an East West and North South pair of link roads built to divert our ever increasing traffic away from the central part of PMQ, and to negate the growing bottlenecks occurring at Innes Lake, via John Oxley Drive, Lake Road, and the recently completed Oxley Highway access road.
This strategically located parcel of land is comprised of two separate blocks, each with their own dwellings, and sits right at the intersection of John Oxley Drive, and Major Innes Road. The combined blocks give a total land area of 6528 square metres. And of course it is located in arguably the single most pivotal and strategically important intersection that will allow the Proposed Orbital Road development to occur.
Number 54 is set at the rear of the intersection centrally, and features a solid five bedroom brick veneer home. It has a large multi bay workshop, an in-ground swimming pool, and other smaller sheds. Number 56 sits to the west of number 54, and features a weatherboard cottage with single garage. Both properties have current tenants or owners, that are very keen to stay on after a sale and would make excellent caring tenants.
Every now and then an opportunity presents itself for forward thinking and astute people to act and grab their piece of the Port Macquarie success story. With this weeks announcement of the Proposed Orbital Road Investigation Corridor by PMHC, an incredible opportunity to benefit from this once in a generation structural development plan is upon us.
To organise your own private viewing, please call marketing agent, Gwaine Robinson (02) 6583 2699 or 0467 530 627.
|R&H Suburb Summary||Houses|
|Number of sales||694|
|Median Rental Price||$450 p.w.|
|Change in Rental Rate (5yr)||10 %|
|R&H Suburb Summary||Units|
|Number of sales||347|
|Median Rental Price||$350 p.w.|
|Change in Rental Rate (5yr)||17 %|