BLOCK OF 4 UNITS - SELLING UNDER THE HAMMER

Auction Details:
Wednesday 23rd August 6pm
Grafton District Services Club

*Building & Pest Inspection Reports Available Upon Request*
* Information Memorandum available upon request*

31 Bowtell Avenue, Grafton provides an outstanding opportunity for an investor looking to take advantage of multiple income streams. Please do not perceive this property to be out of your price range based on the return and scarcity. Our sellers have made it clear, we are selling under the hammer on the 23rd of August.

All four units have undergone recent refreshments & maintenance. Unit 2 is the most generous in size, featuring 2 bedrooms with the remaining 3 units consisting of 1 bedroom each. A floorplan is provided for an understanding of the layout.

The location is walking distance to the CBD, with occupancy rates for the property being consistently at 100% for the duration of the current ownership. There is room to grow the current rent should the wish to do so.

Notable features include:
- 1,555m2 block (approx.)
- 3 x 1 bedroom, 1-bathroom units
- 1 x 2 bedroom, 1-bathroom unit
- 4 garages & 1 carport
- Separately metered electricity
- Information Memorandum available upon request

Current return:
Unit 1: $320 p/w, lease expires 08/2023
Unit 2: $190 p/w, expired lease
Unit 3: $185 p/w, expired lease
Unit 4: $260 p/w, expired lease

An income producing opportunity like this is extremely hard to find elsewhere so please ensure you registered to bid on auction day or be prepared to miss out. Contact Team Jake 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.

Explore the area

School catchments

Grafton High School Secondary 7-12 Government 0.33km
Grafton Public School Primary K-6 Government 0.48km
St Mary's Primary School Primary K-6 Catholic 0.88km
Westlawn Public School Primary K-6 Government 1.3km
Clarence Valley Anglican School, Grafton Campus Primary Independent 1.4km
South Grafton Public School Primary K-6 Government 3.2km
McAuley Catholic College Secondary 7-12 Catholic 3.3km
South Grafton High School Secondary 7-12 Government 3.7km
St Andrew's Christian School Combined K-12 Independent 4.2km
Gillwinga Public School Primary K-6 Government 4.8km
St Joseph's Primary School Primary K-6 Catholic 4.9km
Clarence Valley Anglican School Combined K-12 Independent 5.1km
Ulmarra Public School Primary K-6 Government 10.9km
Tucabia Public School Primary K-6 Government 16.6km
Coutts Crossing Public School Primary K-6 Government 17.3km
Cowper Public School Primary K-6 Government 18.5km
Copmanhurst Public School Primary K-6 Government 18.9km
Lawrence Public School Primary K-6 Government 26.4km
Maclean High School Secondary 7-12 Government 35.1km
Pacific Valley Christian School Combined K-12 Independent 36.6km
Woolgoolga High School Secondary 7-12 Government 52.7km
Cascade Environmental Education Centre Combined Government 63.0km
Orara High School Secondary 7-12 Government 69.0km
Bishop Druitt College Combined K-12 Independent 71.2km
Maam Giingana Gumbaynggirr Combined K-8 Independent 71.2km
Coffs Harbour High School Secondary 7-12 Government 72.0km
Lismore Diocese Online Education Centre Secondary Catholic 72.2km
St John Paul College Secondary 7-12 Catholic 73.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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