104 Spring Street, South Grafton, NSW 2460

Bedrooms
12
Bathrooms
4
Parkings
4
Area
683m2
Type
Block Of Units

Published on Tuesday, July 02, 2024

OFFERS CLOSE 31 JULY

104 Spring Street, South Grafton, NSW 2460 - More Details

OFFERS CLOSE 31 JULY

Superb medium to long term residential investment right here - with plenty of land to build more.

4 x 3 bedroom townhouses constructed in sturdy brick. Each has the same layout with living areas and toilets on each floor, internal access to lock up garage, separate laundry, individual verandahs.

The 2055sqm lot would fit further townhouses (or other structures) that could be built in future STCA. The zoning is very flexible.

Within a short walk to South Grafton shops and sporting grounds, 1.2km from South Grafton Primary School.

Excellent rental history - one tenant has been in place since construction in 1996. At a very conservative market rent of $395 per week each the total income could exceed $80,000. p.a.

Written offers are invited no later than 31 July. Owner will consider offers with 14 days subject to finance.

Pest & building reports are available.

Zoning is E2 Commercial Centre.

The current rental return is:
Unit 1 Currently Vacant
Unit 2 $395pw
Unit 3 $300pw
Unit 4 $320pw

Expenses include:
Insurance
Building $3568 pa
Contents $1327 pa

Water is approx $450 (per 120) days
Rates $9560pa (2024 FY)
Type
Block Of Units
Bedrooms
12
Bathrooms
4
Parkings
4
Area
683m2

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104 Spring Street South Grafton NSW 2460

Property FAQs

What is the current asking price for the 104 Spring Street, South Grafton, NSW 2460?

McKimms Real Estate - Grafton has not listed a sale price for 104 Spring Street, South Grafton, NSW 2460. Contact the agent for a price guide.

How many bedrooms does the property listed 104 Spring Street, South Grafton, NSW 2460 feature?

104 Spring Street, South Grafton, NSW 2460 is a 12 bedroom Block Of Units.

What are the standout features of the 104 Spring Street, South Grafton, NSW 2460?

Explore all key property features for 104 Spring Street, South Grafton, NSW 2460. Click here to find out more.

What is the total land area and built-up area of the 104 Spring Street, South Grafton, NSW 2460?

The total land area and built-up area of the 104 Spring Street, South Grafton, NSW 2460 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 104 Spring Street, South Grafton, NSW 2460?

104 Spring Street, South Grafton, NSW 2460 can accommodated 4 vehicles in the parking area.

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