If it is return on your investment money that you are chasing then this is the opportunity for you. The potential of this property is unbelievable.

The property consists of two separate dwellings on a 1,398sqm block of land located only 5 minutes drive to the town of Maclean and 10 minutes drive to the beachside town of Yamba. As it is situated directly opposite the beautiful Clarence River fantastic scenic river views can be seen from each and every unit.

Unit 1 – Is a separate small fibro home featuring one bedroom, one bathroom and a combined living including the kitchen. It includes a carport.
Units 2,3,and 4 are all associated in a brick dwelling alongside unit 1
Unit 2 – Features a lounge room with timber floors, one bedroom, one bathroom, great little modern kitchen, laundry and front verandah offering river views.
Unit 3 – The layout of unit 3 is the same as unit 2
Unit 4 – Is an upstairs unit and features two very spacious living areas which open onto a an elevated balcony giving lovely views of the Clarence River. The unit includes a renovated kitchen, large bathroom, two bedrooms separate laundry and a lock up garage.

With only 3 units currently tenanted, the rental return is $495.00 per week. The possible rental return on all four units is $695.00.

The property is in need of some repairs and TLC so is perfect for an enthusiastic investor as a live-in renovation job or someone with the ability to renovate and reap financial rewards.