Sold
1-4/165 Cambridge Street,
South Grafton 2460, New South Wales
$1,225,000
Property details
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Agents
FOUR UNIT COMPLEX SELLING UNDER THE HAMMER
Wednesday 27th August 6:00pm
Grafton District Services Club
*Building & Pest Inspection Reports Available Upon Request*
Presented to the marketplace here is one of the easiest investment opportunities in recent years. This four unit complex provides a current total return of $1,650 per week, making this a simple decision for every investor in the market. Instructions are clear - we are selling.
The complex comprises two modern, three bedroom ground floor units, which completed construction in early 2021, a third ground floor, two bedroom unit and a first floor two bedroom unit. Each unit also is allocated a single undercover car space. The position is within walking distance to schools, sporting fields and the main street of South Grafton, all points that are sure to represent safe investing and strong capital growth.
Notable features include;
- 1,369m2 block
- Four units providing four income streams
- Combined rent return of $1,650 p/w
- Combined rental appraisal of $1,700 p/w
- Car park allocated to each
- Strong history of little to no vacant time
- 5% deposit available upon request
- Ideal for SMSF
- Depreciation schedule available upon request
Tenancy Details;
- 165A Cambridge Street: $360 per week, Current lease: 12/12/2024 - 11/06/2025
- 165b Cambridge Street: $400 per week, Current lease: 11/07/2024 - 09/07/2025
- 3/165 Cambridge Street: $440 per week, Current lease: 09/01/2025 - 07/01/2026
- 4/165 Cambridge Street: $450 per week, Current lease: 18/07/2025 - 15/01/2026
Offered to the market under motivated circumstances, this is an auction not to miss. 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 TOUR LINKS (COPY & PASTE INTO GOOGLE)
Unit 165a
https://my.matterport.com/show/?m=1yquhUBKqP9
Unit 165b
https://my.matterport.com/show/?m=VwBsb3sYbn6
Unit 3
https://my.matterport.com/show/?m=Sjm2kiiMsCJ
Unit 4
https://my.matterport.com/show/?m=ZoJbi1RyiYd
Explore the area
School catchments
- South Grafton High School Secondary 7-12 Government 0.39km
- South Grafton Public School Primary K-6 Government 0.52km
- Gillwinga Public School Primary K-6 Government 1.4km
- St Joseph's Primary School Primary K-6 Catholic 1.5km
- Clarence Valley Anglican School, Grafton Campus Primary Independent 2.0km
- McAuley Catholic College Secondary 7-12 Catholic 2.4km
- Grafton Public School Primary K-6 Government 3.0km
- Grafton High School Secondary 7-12 Government 3.3km
- Clarence Valley Anglican School Combined K-12 Independent 3.4km
- St Mary's Primary School Primary K-6 Catholic 4.3km
- St Andrew's Christian School Combined K-12 Independent 4.3km
- Westlawn Public School Primary K-6 Government 4.6km
- Ulmarra Public School Primary K-6 Government 13.3km
- Coutts Crossing Public School Primary K-6 Government 14.0km
- Tucabia Public School Primary K-6 Government 17.6km
- Copmanhurst Public School Primary K-6 Government 20.7km
- Cowper Public School Primary K-6 Government 21.2km
- Lawrence Public School Primary K-6 Government 29.4km
- Maclean High School Secondary 7-12 Government 37.7km
- Pacific Valley Christian School Combined K-12 Independent 39.2km
- Woolgoolga High School Secondary 7-12 Government 49.9km
- Cascade Environmental Education Centre Combined Government 59.6km
- Orara High School Secondary 7-12 Government 65.8km
- Bishop Druitt College Combined K-12 Independent 68.0km
- Maam Giingana Gumbaynggirr Combined K-8 Independent 68.1km
- Coffs Harbour High School Secondary 7-12 Government 68.9km
- Lismore Diocese Online Education Centre Secondary Catholic 69.0km
- St John Paul College Secondary 7-12 Catholic 69.9km
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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Contact Jake Kroehnert
Contact Jake Kroehnert
Jake Kroehnert
1-4/165 Cambridge Street, South Grafton NSW 2460
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Jake Kroehnert
1-4/165 Cambridge Street, South Grafton NSW 2460