Sold

1-4/165 Cambridge Street,
South Grafton 2460, New South Wales

10 bedrooms
4 bathrooms
4 car spaces
1,369m² land size
Block of Units

$1,225,000


Property details

FOUR UNIT COMPLEX SELLING UNDER THE HAMMER

Auction Details:
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 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
  • Grafton Public School Primary K-6 Government 3.0km

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.


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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