AFFORDABLE DUPLEX WITH STRONG RETURNS

Auction Details:
Wednesday 6th December 5.00pm
Grafton District Services Club

*Building & Pest Inspection Reports Available Upon Request*

72A & 72B Queen Street, Grafton presents an outstanding opportunity for 1 lucky investor to secure a duplex in the heart of Grafton. Please do not perceive this property to be out of your price range based on the return and rarity. This is an auction not to miss.

Each unit is well-appointed with one bedroom, one bathroom, a comfortable living space and laundry. 72b Queen Street is currently leased until February 2024 at a market rent of $310 per week, offering immediate return on your investment. 72a Queen Street, on the other hand, is currently vacant, but comes with a rental appraisal of $300 per week, promising potential future income.

One of the key features of this property is its prime location. Both units are within walking distance to Grafton's CBD, making it an attractive spot for renters seeking convenience and accessibility.

The property comes with a generous outdoor space featuring rear lane access from Little Bacon Street as well as an additional frontage to a gazetted lane. This offers the possibility for further development, such as additional sheds or units (STCA).

Notable features include:
- 691m2 block (approx)
- 2 x 1-bedroom, 1-bathroom units
- Walking distance to CBD
- Rear lane access & gazetted road access
- Development potential (STCA)
- 72A rental appraisal - $300 per week
- 72B rental appraisal - $310 per week (current rent)

In summary, 72a and 72b Queen Street offer an excellent investment opportunity with current and potential income, prime location, and room for further development. Don't miss out on this rare opportunity as it will be sold upon the fall of the hammer on the 6th of December. Contact Jake Kroehnert & Tayla Lavender 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 Public School Primary K-6 Government 0.17km
Grafton High School Secondary 7-12 Government 0.49km
Clarence Valley Anglican School, Grafton Campus Primary Independent 0.84km
St Mary's Primary School Primary K-6 Catholic 1.4km
Westlawn Public School Primary K-6 Government 1.8km
South Grafton Public School Primary K-6 Government 2.7km
McAuley Catholic College Secondary 7-12 Catholic 3.0km
South Grafton High School Secondary 7-12 Government 3.2km
St Andrew's Christian School Combined K-12 Independent 4.1km
Gillwinga Public School Primary K-6 Government 4.3km
St Joseph's Primary School Primary K-6 Catholic 4.4km
Clarence Valley Anglican School Combined K-12 Independent 4.7km
Ulmarra Public School Primary K-6 Government 11.3km
Tucabia Public School Primary K-6 Government 16.8km
Coutts Crossing Public School Primary K-6 Government 16.8km
Cowper Public School Primary K-6 Government 19.0km
Copmanhurst Public School Primary K-6 Government 19.1km
Lawrence Public School Primary K-6 Government 26.9km
Maclean High School Secondary 7-12 Government 35.5km
Pacific Valley Christian School Combined K-12 Independent 37.1km
Woolgoolga High School Secondary 7-12 Government 52.3km
Cascade Environmental Education Centre Combined Government 62.4km
Orara High School Secondary 7-12 Government 68.5km
Bishop Druitt College Combined K-12 Independent 70.7km
Maam Giingana Gumbaynggirr Combined K-8 Independent 70.7km
Coffs Harbour High School Secondary 7-12 Government 71.6km
Lismore Diocese Online Education Centre Secondary Catholic 71.7km
St John Paul College Secondary 7-12 Catholic 72.6km

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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