1 Cameron StreetMaclean NSW 2463
Property Details for 1 Cameron St, Maclean
1 Cameron St, Maclean is a 5 bedroom, 3 bathroom Unit with 5 parking spaces. The property has a land size of 1246m2. While the property is not currently for sale or for rent, it was last sold in February 1988.
Last Listing description (February 2017)
An outstanding, rare and unique opportunity has presented itself for the astute investor to purchase a strategically located block of 3 units OR there is the prospect for the owner to occupy one unit and lease out the other two units
Three separate units offered in one complex by one vendor. This is a great superannuation portfolio and retirees looking for a great return, low maintenance and capital growth. No strata title at present time. No Body Corp Fees. This means greater rental returns.
The complex is a solid brick and tile construction with recent renovations carried out. The three units consist of two by one bedroom apartments and one by three bedroom apartment. All three apartments are currently tenanted and the gross income for the property is $730.00 per week with potential to increase in the near future, due to the influx of workers for the Pacific Highway Upgrade entering the rental market.
For the astute investor looking for a great residential investment in a prime location, this could be one of the best opportunities you will see all year.
Apartment One - Features lovely, scenic river views from the living areas. It comprises of 3 bedrooms, 2 with built in robes; main bathroom with separate toilet, large modern kitchen, spacious dining area and separate lounge room. There is also a sitting room, laundry, an elevated rear deck plus an elevated front verandah showing off the tranquil river views.
Apartment Two Features an open plan living, modern kitchen with stainless appliances, one generous bedroom with built robes and mirrored doors, a combined bathroom / laundry and its own separate fenced back yard.
Apartment Three Spacious combined living / bedroom; modern kitchen with s/s appliances, combined bathroom / laundry, storage area and fully fenced back yard with gardens.
**All units are individually metered for electricity and the property includes 3 covered carport spaces, visitor parking space and 1 lockable garage.
Maclean Valley 2 Coast Real Estate is proud to market this fantastic investment opportunity. Motivated vendor highlights the need to act fast.
Property History for 1 Cameron St, Maclean, NSW 2463
- 11 Oct 2016Listed for Sale $686,000
- 08 Mar 2016Listed for Rent - Price not available
- 08 Feb 1988Sold
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0About 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 77.94% increase in median value, while Units have seen a 37.80% increase. As at 31 October 2024:
- The median value for Houses in Maclean is $642,007 while the median value for Units is $389,138.
- Houses have a median rent of $500 while Units have a median rent of $390.
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