42 Kerry St, Maclean is a 3 bedroom, 2 bathroom House with 7 parking spaces and was built in 2016. The property has a land size of 2086m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Seldom is there a chance to set yourself up for life with an income stream without relying upon work. With this modern home and big block with a DA in place, (Paperwork available upon request) this may be your best opportunity to do that in a growth area. Income potential and capital growth definitely help reduce the risk and present so many options for you.
Your time to act, is now.
A modern newly built 3 bedroom, 2 bathroom home with all the energy efficiency that you need to reduce your expenses. With the 7 K/w and 24 Solar Panels, this home basically powers itself, including you using the dryer and air conditioning when needed.
The house is only 5 years old, and of a steel framed construction, so no fear of termites in the future.
The opportunity I speak of, is that this massive block of over 2000sq metres is already DA approved, to not only subdivide, or build another house, though I have been told that it is actually approved to build a pair of Duplex houses on it!
If you do the basic mathematics, if you buy this, then build 2 duplexes that will return you about $1000 in rental per week, you will be able to live on this investment the rest of your life.
Variations to this plan or course, are scenarios like, live in one duplex, rent out the other one and main house, or Holiday Rent them, whilst you may or may not do the cleaning and maintenance. This may get you well over $3000 a week if you do it correctly. Based on the location and close proximity to Yamba, Byron Bay and The Gold Coast, you should be able to capitalise on the ever expanding local tourism market.
You may not need the passive income, though just want to set your family up for their futures. Build to suit your families needs, and be together forever. The over sized carport is even big enough to comfortably store the boat or caravan.
Or you know what? Just sell it off as a vacant land for about $250,000 and take a big chunk off your mortgage.
Have a look at the photos and floor plan, and then call me for an inspection if you're serious, as those that see it, will buy it. You don't want to miss out on this one.
There is a comfortable 10 x 3 metre garage under the house that can be a workshop, man cave, or Scrap Book area.
Maclean itself is a growing township on the banks of the beautiful Clarence River that has for years been a secret of those that lived there, now the secret is starting to creep out, yet has only just started to see an increase in property prices over the last few years. The prices will only increase when you look at these factors.
22 Min to Yamba (Median House price $940,000)
80 Min to Byron Bay (Median House price $3,000,000)
120 Min to the Gold Coast
100 Min to Coolangatta Airport
60 Min to Ballina Airport
20 Min to Grafton Base Hospital
100 Min to Coffs Harbour
Fun Fact !! - - The Local IGA is WORLD FAMOUS! Winning Australia's Best IGA in 2022, and now recently crowned as the WORLD'S BEST IGA in 2023 !
If your looking for a place to set you and your family up for life, things seldom get better than this, with such growth potential.
Of course, I have tried to be as accurate as I can with the information I have been told. Though please due your own due diligence and seek professional building advice about the sub division.
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:
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