High Yield Anticipated - Maclean Commercial
Ford & Dougherty Property are delighted to offer for sale by public auction for the second time in 124 years, this prominent iconic corner building in Maclean.
This well sited commercial freehold represents an ideal opportunity for the astute investor to secure their own freehold in the vibrant CBD precinct with an established lease.
The iconic item of environmental heritage is sited on a 525.8sqm land parcel, zoned B2 Local Centre and offers dual street frontage to River Street and McNaughton Place. Nett income $51,203.00 per annum. 3 year lease + 2 options x 3 year with CPI annual increase commenced 1st July 2017 and includes outgoings paid by Lessee.
The property presents a compelling opportunity for an investor looking to take advantage of the infrastructure growth in the Clarence Valley and secure a foothold in the Maclean CBD.This property is offered as a Tenanted Investment.
Note: The business is not included.
Maclean is centrally located on the eastern sea board located 661km to Sydney; 266km to Brisbane; 131km to Coffs Harbour; 90km to Ballina and 54km to Grafton.
To arrange your private viewing telephone Judithann Forrester on 0428 455 000, anytime. Email [email protected] for the Information Memorandum.
- By appointment
Floor Plan #1
46 River Street, MACLEAN