76 Kennedy Drive, Port Macquarie NSW 2444

North-east facing 670m² block | scope to extend or renovate | single-level brick and tile | no bushfire or flood overlay This property’s competitive strength lies in its combination of a near-level, north-east facing 670m² block and a simple brick-and-tile structure that invites renovation or extension without the constraints of bushfire or flood overlays. For a buyer prepared to invest in improvements, the house offers a rare opportunity to unlock significant equity in a tightly held Port Macquarie location, particularly given its catchment for Hastings Public School and secondary college. It suits owner-occupiers seeking a long-term hold with value-add potential, rather than investors chasing immediate yield. The primary risk is the property’s dated condition, which will require capital outlay to achieve market-competitive finishes and energy performance. That cost, however, is offset by the low building coverage of 33%, leaving generous scope for a rear extension or second dwelling subject to council approval. The rental yield of roughly 4% provides a modest holding buffer during renovation. This property should be acquired as a renovate-and-hold, with the north-east orientation and block size forming the enduring value.