OFF MARKET

213 River Street
Maclean NSW 2463

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 364m2
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Property Details for 213 River St, Maclean

Building Type
Commercial
Land Size
364m2
Local Government
Clarence Valley
Lot/Plan
14/DP184645

Last Listing description (September 2024)

*Building & Pest Inspection Reports Available Upon Request*
*Information Memorandum Available Upon Request*

Situated prominently on the bustling main street of Maclean, 213 River Street offers a rare and valuable commercial retail opportunity. This property, set on a 366m2 (approx.) block, stands out with its substantial street frontage featuring large glass windows that promise optimum visibility and widespread exposure for any business. Formally and famously known locally as the Maclean 'Mackellys' department store, this building has a long history of successful retail trading since its inception. Make no mistake, the time has come to welcome new ownership. Don't hesitate, as this opportunity will not be presented again.

Recently upgraded with a brand-new roof and flashings, this building not only ensures durability but also boasts brand-new air-conditioning systems, providing a cool and comfortable environment for both customers and staff. The interior spans approximately 33 meters in depth, offering a spacious shop front that is perfect for a variety of retail or professional service setups.

Beyond the retail space, the property is well-equipped with practical back-of-house facilities including a kitchenette, a storage room, two changing rooms, and a powder room, all designed to support business operations smoothly. Accessibility is a highlight, with off-street parking for two vehicles and a convenient back lane access from Centenary Drive. Please refer to the floor plan provided for an understanding of the layout.

The presence of a long-term tenant, currently on a periodic lease, presents an immediate investment return potential, making it an attractive proposition for investors looking to capitalize on Maclean's commercial growth.

Maclean's reputation for its links to Yamba is likened to that of Bangalow to Byron Bay. A brief visit to the township's CBD will impress, with a range of thriving retail shops and cafes. Those fortunate enough to secure an investment here are well positioned for strong and consistent growth.

Notable features include:
- 366m2 block (approx.)
- 33m long shop (approx.)
- Approx. 260m2 of floor space
- Over 8m of street frontage
- Brand new air conditioning
- Brand new roof and flashings
- Kitchenette
- 2 change rooms
- 20 minutes to Yamba's CBD
- Public parking available on street
- Information Memorandum available upon request
- Contract of Sale available upon request
- Building & Pest Inspection reports available upon request

Just 20 minutes from Yamba's CBD, its location and features make 213 River Street a standout property in the region, promising significant business and investment opportunities. Contact The Jake Kroehnert Team from Ray White TKG on 0422 260 192 to declare your interest and to book your inspection.

Disclaimer: All information disclosed herein has been provided from sources we believe to be reliable however we cannot guarantee its accuracy. It is respectfully advised that interested parties carry out their own due diligence.

Property History for 213 River St, Maclean, NSW 2463

A timeline of how this property has performed in the market
  • 01 Aug 2024
    Listed for Sale SALE

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About Maclean 2463

The size of Maclean is approximately 9.8 square kilometres. It has 13 parks covering nearly 4.9% of total area. The population of Maclean in 2011 was 2,600 people. By 2016 the population was 2,611 showing a population growth of 0.4% in the area during that time. The predominant age group in Maclean is 60-69 years. Households in Maclean are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Maclean work in a professional occupation. In 2011, 62.4% of the homes in Maclean were owner-occupied compared with 61.1% in 2016.

Maclean has 1,647 properties. Over the last 5 years, Houses in Maclean have seen a 84.50% increase in median value, while Units have seen a 47.93% increase. As at 30 September 2024:

  • The median value for Houses in Maclean is $651,174 while the median value for Units is $419,981.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 48 properties listed for sale, and 7 properties listed for rent in Maclean on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Maclean.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.