Raine & Horne Maclean, Yamba, Iluka
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526 Yamba Road, Maclean, NSW 2463
- 6
- 4
- 5
For Sale
By Negotiation
Ready Made Investment Opportunity
The opportunity to secure 4 residential units in one offering is rare. 526 Yamba Road Maclean, is one of these opportunities. Consisting of 4, completely renovated, permanently rented units, providing an immediate income stream returning better than money in the bank, this property is worth your time to investigate.
The property.
- Unit One: Stand alone Unit
One bedroom, one-bathroom, air conditioned, undercover car parking
- Unit Two
One bedroom, one-bathroom, air conditioned, undercover car parking
- Unit Three
One bedroom, one-bathroom, air conditioned, double lockup garage
- Unit Four
Top floor unit consisting of 3 bedrooms, one-bathroom, ducted air conditioning, lockup garage with
internal access
The property is in immaculate condition, having been completely renovated over the last two years with all the air conditioning units in as new condition.
This really is a property where the investment stacks up. Immediate income with low maintenance requirements as the work has already been completed.
The property is conveniently located between Yamba and Maclean, opposite an all-weather boat ramp giving you easy access to the Clarence River. This makes for a sought-after property for tenants, confirming the property's strong rental history.
With an income stream of $78,000 per annum, determine your rate of return and submit your offer.
Ready made investment opportunities are hard to find and with a very healthy income stream, this property is sure to sell quickly
Call the team to arrange your private inspection
Angus Suttor
Licensee & Senior Sales Agent
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L23491625
- Property Type:Block of Units
- Garages:3
- Carports:2
- Land Area:1214 sqm
We Know Your Area
R&H Suburb Profile: Maclean
R&H Suburb Summary | Houses |
---|---|
Number of sales | 59 |
Average Price | $647,517 |
Median Price | $645,000 |
Median Rental Price | $500 p.w. |
Change in Rental Rate (5yr) | 35 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 7 |
Average Price | $532,143 |
Median Price | $560,000 |
Median Rental Price | $400 p.w. |
Change in Rental Rate (5yr) | 23 % |
Median Trend - $645,000
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