6 River St, Maclean NSW 2463

We at LJ Hooker Maclean believe that every property has a story to tell. Some properties have more of a story to tell than others - so welcome to 6 River Street, Maclean, a historic property with a tale too long to tell here but those interested can have a copy of our Information Memorandum. What started off as a dentistry, spent a great deal of its life as a bank and in more recent times has been a real estate and retail outlet, but that is just scratching the surface.

Built in 1906 the home combines original Federation features with splashes of Art Deco and contemporary upgrades to the upstairs residence that needs to be experienced to be fully appreciated. The 180-degree Clarence River views from the kitchen, the township and river views from what the owners call their "rooftop bar". The stunningly renovated residence in keeping with the heritage themes already in-place is perhaps the main highlight - the pictures will tell that story. These are all things that an end user will appreciate but there is plenty of value for the investor as well.

There is a commercial tenant paying $400 per week in part of the downstairs retail space and that is on a recently signed 2-year lease with a 2-year option. There are two other offices spaces downstairs currently used by the owners, as well as an Air BnB bedsit. With two or three rental options downstairs as well as a tenant upstairs, it is not unrealistic to think that a weekly rental return between $1300 and $1500 is achievable dependent on the breakdown of each space on a permanent let basis. The flexibility of use means that figure could increase dependent on how others see it. However, for the end user there could not be a much better space to live upstairs and have your own business practice downstairs. The prime main street central CBD position will unlock all manner of opportunity dependent on individual circumstances.