Raine & Horne Maclean, Yamba, Iluka
R&H
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  • 526 Yamba Road, MACLEAN, NSW 2463

526 Yamba Road, Maclean, NSW 2463

  • 6 Bed
  • 4 Bath
  • 5garages

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

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avatar Angus Suttor
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

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Craig Betalli

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R&H Suburb Profile: Maclean
R&H Suburb SummaryHouses
Number of sales56
Average Price$716,741
Median Price$657,500
Median Rental Price$490 p.w.
Change in Rental Rate (5yr)26 %
R&H Suburb SummaryUnits
Number of sales4
Average Price$536,250
Median Price$560,000
Median Rental Price$400 p.w.
Change in Rental Rate (5yr)7 %
Median Trend - $657,500

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