19/66 Hibbard Drive, Port Macquarie NSW 2444

Waterfront unit | elevated north-east aspect | tightly held complex | pool & canal views | older demographic locale This unit presents a competitively strong position within a tightly held, waterfront complex, a configuration that is rare for its direct water and pool outlooks from an elevated, breezy aspect. Its two-bedroom, two-bathroom format with secure parking serves a specific buyer profile-downsizers or retirees seeking low-maintenance, premium amenity in a demographic skew that ensures consistent demand for this lifestyle. The property’s value is anchored in its irreplaceable positioning within the Riana Moorings complex, surrounded by parkland and waterways, which commands a price premium over standard suburban offerings and appeals to a stable, long-term ownership base. The decision hinges on accepting strata governance and the associated cost for access to these curated amenities, a direct financial and control trade-off for the waterfront lifestyle. The primary risk is the illiquidity inherent in a ‘tightly held’ market, which may challenge resale timing, though this is mitigated by the unit’s mid-range price point within the street’s spectrum. The opportunity lies in acquiring a turnkey property in a mature, sought-after complex where future supply is constrained. This property is best acquired as a permanent or long-term coastal residence, not a short-term trading vehicle, with its value sustained by the limited canal-front inventory and the complex’s established appeal. Recent comparable sales on Hibbard Drive demonstrate the unit’s guide price is firmly anchored in market evidence: – 2/68 Hibbard Drive: 2 bed, 1 bath, 1 car sold for $875,000. – 3/62 Hibbard Drive: 3 bed, 2 bath, 1 car sold for $1,195,000. – 79 Hibbard Drive: 3 bed, 1 bath, 1 car villa sold for $520,000. – 33 Hibbard Drive: 3 bed, 2 bath, 2 car house on 962m² listed at $930,000. The $840,000-$880,000 guide is validated by the direct sale of a similar 2-bedroom unit at $875,000, while the premium for larger configurations or houses with land is clearly delineated. This positions the subject property appropriately within its immediate market segment.