Block of Units For Sale - NSW - Grafton - 2460 - DUAL TENANCY DUPLEX - INCOME FORECAST $40,000 p.a. + (Image 2)

264-266 Prince Street Grafton NSW 2460

For Sale $595,000

6 2 2

Property Type Block of Units
Land area approx 511.00sqm
Region Northern Rivers
Locality Clarence Valley
Carports 2

Tags: Fenced Income

DUAL TENANCY DUPLEX - INCOME FORECAST $40,000 p.a. +

This 1940's weatherboard duplex has 2 x 3 bedroom residences with an excellent rental history over the last 25 years,.

Located on Grafton's main street, the homes each have their own fenced yard, lock up store room, carports, air con and ceiling fans. Grafton's popular Jacaranda Park is just over the road and the nearest Aldi is 900m away.

The layouts each have a downstairs formal lounge room, open kitchen-living and laundries. Upstairs there are 3 bedrooms and a bathroom. They each have an extra downstairs toilet.

Renovation works over recent years include bathroom upgrades in 264 in 2023, along with full electrical re-wiring (2005), replaced sewer junction (2009), new carports (2011), new fencing (2012), new roof (2017) and new external paint (2017) amongst a long list of other upgrades.

Number 264 is leased till 1 October 2025 for $390 per week and Number 266 is coming vacant in March 2025. Both sides have a current market value of about $400 per week.

Pest and building reports are available and inspections are by appointment on Wednesdays and Thursdays.