This 3,000 m² site is zoned 2(t) has DA approval for 15 x 3BR triple keyed units, 16 x 2BR double keyed units and 1 x 2BR caretakers unit. The units have approval to operate as serviced apartments and, as each unit has multiple keys, offer the equivalent of 77 hotel rooms.  The plans indicate an easy build and a very desirable end product.

The units are in 4 four storey buildings with a common underground carpark.  Two bedroom units are 100 m² plus (internal).  Three bedroom units are 130 m² plus (internal). 

The design, with its swimming pool and tropical gardens, has a "resort" feel.

Port Macquarie, population 72,440, is 398 kilometres north of Sydney.  It is a thriving coastal resort town at the mouth of the Hastings River.

Port Macquarie has 39 parks, 15 schools and 9 childcare centres.  It has not been affected by the recent slow down in developments, with unit priced increasing by 0.8% in 2007 and staying steady (a 0.0% increase) in 2008.

The average occupancy rate for hotels, motels and serviced apartments in the Hastings Shire for the 2008 financial year was 56.4%.  (The NSW country average in the same period was 50%).  The average tariff was $127.98, while the NSW country average was $116.29.

As newer properties tend to attract higher occupancy rates and tariffs, the Quattro development should enjoy occupancy rates in excess of 70% and tariffs in excess of $180 per night.

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