3/47 Tasman Road, Port Macquarie NSW 2444

Long-held unit | eight-villa complex | low strata | recent comparable sale | rental appraisal $500-$540 This property presents a competitively priced, low-maintenance entry into the Port Macquarie market, distinguished by its tightly held complex and unusually low quarterly strata levy. Its configuration as a two-bedroom villa suits an investor seeking stable yield from a long-rental market or an owner-occupier prioritizing simplicity. The decade-long ownership indicates a well-maintained property, reducing immediate capital risk for the buyer. The primary risk is valuation compression against the sole, recent comparable sale within the complex, which traded significantly below estimated values. This divergence necessitates a purchase price anchored to that $545,000 transaction to ensure equity at settlement. The opportunity lies in acquiring a turnkey property below replacement cost, offering a logical hold for rental income or a strategic downsizer asset, given its low outgoings. Acquire only at a price reflecting the demonstrated market evidence. A recent sale provides critical pricing evidence: – Unit 2/47 Tasman Road: Sold for $545,000 in December 2024. This identical two-bedroom, one-bathroom villa in the same complex establishes a clear benchmark, suggesting the listed estimates may be optimistic. For a buyer, this comparable sale is the definitive anchor for any offer, strongly indicating the current market value for this specific property type and location.