Sold

62A & 62B Bush Drive,
South Grafton 2460, New South Wales

5 bedrooms
3 bathrooms
2 car spaces
710m² land size
House

$540,000


Property details

DUAL INCOME OPPORTUNITY

*Building & Pest Inspection Reports Available Upon Request*

This provides an outstanding opportunity for an investor looking to take advantage of two income streams from two separate tenants. Properties that offer dual tenancies are extremely rare, particularly when they are in this condition. Please do not perceive this property to be out of your price range.

62a Bush Drive South Grafton
Currently tenanted at $360 p/w. The upper level here consists of three generous bedrooms, with the master-suite featuring a walk-in-robe & ensuite. An open plan kitchen/living/dining space spills onto the back veranda. Lastly, a double car garage has remote access from the street.

62b Bush Drive South Grafton
Currently tenanted at $260 p/w. The granny flat style lower level has its own off-street parking spot, with access to the dwelling via a side entry. A separate electricity metre ensures separate power bills for each residence. An open kitchen/dining space is central, giving access to two bedrooms. The laundry is inclusive of a shower & toilet, making this space fully self contained and separate.

Notable features include:
- Approximate 710m2 flood free block
- Dual income of $620 per week (gross)
- Separately electricity meters
- Outstanding condition with no work required
- Well fenced, separate yards
- Air conditioning on both levels
- Floor-plan provided for an understanding of the layout

An income producing opportunity like this is extremely hard to find elsewhere. Contact Team Jake on 0422 260 192 to declare your interest.

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

  • Gillwinga Public School Primary K-6 Government 1.1km
  • St Joseph's Primary School Primary K-6 Catholic 1.1km
  • South Grafton Public School Primary K-6 Government 2.0km
  • Clarence Valley Anglican School, Grafton Campus Primary Independent 3.4km
  • Grafton Public School Primary K-6 Government 4.3km

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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