Sold

199 River Street,
Maclean 2463, New South Wales

6 car spaces
607m² land size
219m² building size
Retail

$1,425,000


Property details

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!

Explore the area


School catchments

  • Maclean Public School Primary K-6 Government 0.46km
  • St Joseph's Primary School Primary K-6 Catholic 0.68km
  • Pacific Valley Christian School Combined K-12 Independent 2.2km
  • Gulmarrad Public School Primary K-6 Government 5.2km
  • Harwood Island Public School Primary K-6 Government 5.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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