Sold

1-4/124 Turf Street,
Grafton 2460, New South Wales

8 bedrooms
4 bathrooms
4 car spaces
741m² land size
Block of Units

$820,000


Property details

SOLID BRICK WITH HIGH RETURNS - SELLING

Auction Details:
Wednesday 27th August 6:00pm
Grafton District Services Club

*Building & Pest Inspection Reports Available Upon Request*
*Information Memorandum Available Upon Request*

Unlock a fantastic investment opportunity with this block of four well-maintained brick units, each featuring two comfortable bedrooms and one bathroom. Perfectly positioned on a generous 741m2 (approx.) block, this property offers strong returns with a combined rent return of $1,250 and room for growth in a prime location. Instructions are clear - we are selling.

The block is simple yet practical with its layout. Two units are located on the upper level and two on the ground floor, catering to different tenant preferences. The property has a history of little to no vacant time, a testament to not only the strength of the rental market in our region, but the property in its entirety.

The position, in a highly regarded location within the Grafton township is yet another feature that sets this property aside from the competition. Vehicle access to the backyard and a carport ensuring undercover parking for each unit finishes off the package. Please refer to the floor-plan provided for an understanding of the layout.

Notable features include;
- 741m2 block
- Highly regarded position
- Four units providing four income streams
- Combined rent return of $1,250 p/w
- Combined rental appraisal of $1,280 p/w
- Car park allocated to each
- Strong history of little to no vacant time

Tenancy Details;
- Unit 1: $300 per week, Lease End: 27/02/2025
- Unit 2: $350 per week, Lease End: 14/07/2025
- Unit 3: $300 per week, Lease End: 25/03/2026
- Unit 4: $300 per week, Lease End: 10/06/2024

Brick unit blocks in Grafton are sought after and rarely offered to the marketplace. Selling with assurance, this is one all investors will want to take part in. Contact the Jake Kroehnert team 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.

3D VIRTUAL TOURS

Unit 1
https://my.matterport.com/show/?m=a7Kov7E5irp

Unit 2
https://my.matterport.com/show/?m=o4pX3rRUyow

Unit 3 & 4
https://my.matterport.com/show/?m=8DEuDP71mrG

Explore the area


School catchments

  • St Mary's Primary School Primary K-6 Catholic 0.47km
  • Westlawn Public School Primary K-6 Government 0.76km
  • Grafton Public School Primary K-6 Government 0.87km
  • Clarence Valley Anglican School, Grafton Campus Primary Independent 1.8km
  • South Grafton Public School Primary K-6 Government 3.7km

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.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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