UNIQUE INVESTMENT OPPORTUNITY IN DOVEDALE

Auction Details:
Wednesday 22nd of October 6pm
Grafton District Services Club

*Building & Pest Inspection Reports Available Upon Request*

Nestled in the highly sought-after Dovedale location, 1&2/21 Dobie Street presents a unique investment opportunity that savvy buyers will not want to miss. The dual income offering is not only affordable but also offers immediate returns, with reliable tenants already in place. Whether you are a seasoned investor or just starting out, this property promises a steady income stream from day one.

Both units feature the same well-designed layout, comprising two spacious bedrooms, one bathroom, a comfortable living room, and an open-plan kitchen and dining area. The living spaces are enhanced by air conditioning, ensuring year-round comfort for tenants. Outside, the separately fenced yards provide privacy and individual outdoor spaces, making each unit feel like a standalone home.

The downstairs area of both units includes a single garage, workshop space, and laundry facilities, adding to the overall functionality of the property. Unit 1 has been freshly renovated, offering a contemporary aesthetic, while Unit 2 is in excellent condition and requires no work at all, making it ready for tenants or homeowners alike. Please refer to the floor-plan provided for an understanding of the layout.

Notable features include:
- 612m2 (approx.) block
- 2 x 2-bedroom, 1-bathroom units
- 2 x air conditioners
- Separately fenced backyards
- Lock up garage and workshop spaces
- Current combined rent return of $740 per week
- Rental appraisal $370 - $390 per week per unit

Tenancy Details;
- 1/21 Dobie Street Grafton: $370 per week, Current lease: 14/03/2025 - 12/03/2026
- 2/21 Dobie Street Grafton: $370 per week, Current lease: 05/05/2025 - 12/11/2025

Set on a generous 612m² (approx.) block, this property not only meets the needs of renters but also provides an excellent opportunity for growth in a desirable area. Don't miss out on this exceptional investment opportunity that combines convenience, comfort, and potential. Make your move today! Contact The Jake Kroehnert Team 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

Clarence Valley Anglican School, Grafton Campus Primary Independent 1.6km
Grafton Public School Primary K-6 Government 1.6km
Grafton High School Secondary 7-12 Government 1.8km
McAuley Catholic College Secondary 7-12 Catholic 1.9km
St Mary's Primary School Primary K-6 Catholic 2.3km
South Grafton Public School Primary K-6 Government 2.6km
St Andrew's Christian School Combined K-12 Independent 2.6km
Westlawn Public School Primary K-6 Government 2.8km
South Grafton High School Secondary 7-12 Government 3.4km
Clarence Valley Anglican School Combined K-12 Independent 3.6km
Gillwinga Public School Primary K-6 Government 4.2km
St Joseph's Primary School Primary K-6 Catholic 4.3km
Ulmarra Public School Primary K-6 Government 10.3km
Tucabia Public School Primary K-6 Government 15.4km
Coutts Crossing Public School Primary K-6 Government 16.9km
Cowper Public School Primary K-6 Government 18.2km
Copmanhurst Public School Primary K-6 Government 20.5km
Lawrence Public School Primary K-6 Government 26.4km
Maclean High School Secondary 7-12 Government 34.8km
Pacific Valley Christian School Combined K-12 Independent 36.2km
Woolgoolga High School Secondary 7-12 Government 51.3km
Cascade Environmental Education Centre Combined Government 62.4km
Orara High School Secondary 7-12 Government 67.8km
Maam Giingana Gumbaynggirr Combined K-8 Independent 70.0km
Bishop Druitt College Combined K-12 Independent 70.1km
Coffs Harbour High School Secondary 7-12 Government 70.8km
Lismore Diocese Online Education Centre Secondary Catholic 71.0km
St John Paul College Secondary 7-12 Catholic 72.0km

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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