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Property main details

6

Commercial

  • Sold For $1,425,000
  • Retail

Specifications

  • Property Type
    Retail
  • Building
    219 m2
  • Land
    607 m2

SOLD BY DANIEL KELLY

Enjoying a prime position within the Maclean CBD is this ideal commercial investment opportunity with high exposure retain frontage to River Street as well as access and parking at the rear.

Currently leased to Woolworths as a bottle shop under the well-known BWS brand, the 219m2 premises with is fit for purpose and enjoys a lease through to July 2024 with 4 further options for terms of 5 years each.

A strong return is on offer immediately, and being located opposite the Clarence River, the 607m2 allotment also offers immense potential for the long term as well.

If you are looking for a secure long-term investment with an A grade tenant in an area that is only becoming more sought after, there is no better opportunity than this. Be very quick to make your offer!

• Prime commercial offering in the Maclean CBD
• 607m2 allotment with retail frontage to River Street
• 219m2 floor space + 64m2 of dock/parking area
• Long lease currently in place to well-known BWS brand
• Current lease term to July 2024 with 4 further options of 5 years
• Solar power installed to building
• Annual rent of over $93,000 net of GST
• Lease provides for annual rent reviews
• Great tenant, long lease, great return. Be very quick!

Get in touch

We'd love to hear from you

If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

199 River Street Maclean 2463, New South Wales
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