56 Duke Street, Grafton, NSW 2460

$500,000

House
Type
2
Bedrooms
1
Bathrooms
1
Parkings
475 mΒ²
Area

Published on Tuesday, August 11, 2026 ( See property details for 56 Duke Street, Grafton, NSW 2460)

$500,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare CBD landholding in Grafton offering versatile development potential with a character-filled home ready for renovation.

🏑 Property Highlights

  • Prime 475sqm landholding in Grafton's CBD with excellent commercial potential
  • Zoned E3 Productivity Support offering versatile development options
  • Located just metres from Grafton Shoppingworld and opposite Market Square
  • Solid character home with hardwood timber flooring and framing
  • Ready for full renovation, providing a blank canvas for customization
  • Ample downstairs garaging suitable for residential or commercial use

✨ Key Features

  • Built in robes
  • Garage
  • Open-Plan Living
  • Floorboards
  • Secure Parking
  • Outdoor Area
  • Home Office / Study
  • Fully fenced
  • Water tank
  • Ensuite
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56 Duke Street
Grafton, NSW 2460
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Vertical aerial view β€” 56 Duke Street
56 Duke Street — Vertical Aerial  •  Grafton, NSW 2460  •  Nearmap © 2026

Grafton's CBD offers a vibrant commercial hub with excellent foot traffic, proximity to shopping and amenities, a strong community atmosphere, convenient transport links, and a diverse mix of retail, dining, and professional services, making it an ideal location for both investment and lifestyle.

What are the potential uses for this property given its E3 zoning?
The E3 zoning allows for a range of uses including residential renovation, boutique CBD BnB, commercial office space, medical consulting rooms, or professional suites, subject to council approval.
Is the property suitable for a full renovation or redevelopment?
Yes, the property has been prepped and is ready for a full renovation, providing a blank canvas to reimagine the space to suit your needs.
What are the parking options available on the property?
The property offers ample downstairs garaging, suitable for both residential and commercial purposes, with secure parking options.
Are there any restrictions or approvals required for development?
Development proposals will require council approval, especially if reconfiguring the existing structure or changing its use, in accordance with E3 zoning regulations.
What is the condition of the existing character home?
The home retains solid hardwood timber flooring and framing throughout, and is in a condition suitable for renovation or refurbishment.
Are there any existing easements, covenants, or zoning restrictions that could impact redevelopment plans? Has a recent building and pest inspection been conducted, and are there any structural issues? Are there any planned or ongoing nearby construction projects that could affect the property? What are the council rates and potential development levies associated with this site? Is the property located in a flood or bushfire-prone area, and what are the associated risks?

56 Duke Street, Grafton, NSW 2460 - More Details

$500,000

A rare chance to secure a 475sqm landholding in the heart of Grafton's CBD, positioned just metres from the north-eastern entrance to Grafton Shoppingworld and directly opposite the historic Market Square. Zoned E3 Productivity Support, this address offers genuine flexibility for owner-occupiers, investors and developers looking to capitalise on one of Grafton's most tightly held commercial precincts.

The existing character home retains solid hardwood timber flooring and framing throughout, with a functional 2 bedroom, 1 bathroom floorplan built around a central living area and a sunlit rear sunroom. The property has been prepped and is ready for a full renovation, giving buyers a genuine blank canvas to reimagine the space to suit their vision. Downstairs offers ample garaging, adding practical value whether the site is used residentially or commercially.

With E3 zoning in place, the possibilities extend well beyond a standard home renovation. Reimagine the property as a boutique CBD BnB capitalising on constant foot traffic from Shoppingworld and Market Square, or repurpose the existing structure into commercial office space, medical consulting rooms or professional suites (S.T.C.A.). Few sites in Grafton offer this combination of zoning flexibility, footprint and true CBD address.

Opportunities like this in the centre of Grafton don't come up often β€” enquire today to arrange an inspection.
Type
House
Bedrooms
2
Bathrooms
1
Parkings
1
Area
475 mΒ²

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