An Innes Lake development block which sold for $2.5 million in May 2018 is back on the market.
Real estate business Raine&Horne sold the property on behalf of vendor Mark Minturn to a family company back in 2018.
Harcourts Port Macquarie is in charge of the current sale. And the asking price is a whopping $4 million.
Harcourts Port Macquarie sales consultant Jim O'Mara said it was the "best block of land available in the newly declared Health & Education Precinct".
He described it as a "gateway location to Port Macquarie's next big expansion area".
"It really is a prime location requiring a major drawcard destination.
"Maybe a private hospital or student accommodation to cater for a growing youthful influx of young people into Port Macquarie.
"Or what a great location for a new tavern to cater for the thousands of students expected to enroll at CSU."
The 5573 square metre property at 4 Major Innes Road is close to to Port Macquarie Base Hospital, Lake Innes Village Shopping Centre, Charles Sturt University and St Columba Anglican School.