45 Queen Street, Grafton NSW 2460

$650,000.00

2 beds

1 baths

HOUSE WITH ADDITIONAL INCOME – CENTRAL GRAFTON – HUGE RETURN ON YOUR INVESTMENT

Phone enquiries - please quote property ID 26028.

Newly renovated Federation Home (circa 1915), plus 2 Commercial Premises.

RESIDENCE:
Has 2 large bedrooms, modern bathroom and kitchen, along with a working fireplace and 2nd toilet.
Lovely high ceilings and polished floorboards throughout. Large verandahs as well as a private courtyard. Lovely high ceilings and polished floorboards throughout.

COMMERCIAL
* Street front shop ‘Pet Grooming’ with 3 year lease
* Workshop with secure lease.

RENTAL INCOME:
* The residence is currently leased $375.00 - $19500 p.a.
* Shop - $280.00 p.w.- $14,560 pa - Secure Lease
* Workshop - $280.00p.w.- $14,560 pa - Secure Lease
* Gross - $48,620 p.a.
* Council Rates/Insurances approximately $8,000 p.a.

There is no other opportunity like it. A home you can live in or continue to rent out (there is huge demand).
Set yourself up for the future with this very modestly priced proposition. Perhaps you require a workshop for your own business, then work next door to where you live! Alternatively, just lease it all out and reap in the rewards. Interest rates have never been this low.

The city of Grafton is a wonderful country town with a population around 20,000. It has everything a good country town should have, including hospital, public and private schools (St Andrews), good shopping, cafes and restaurants.

Enquire today to find out more.

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.

Property Details

• Type: House
• Bedrooms: 2
• Bathrooms: 1