62 Heber Street, South Grafton, NSW 2460

$415,000

House
Type
3
Bedrooms
2
Bathrooms
1
Parkings
1,239 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 62 Heber Street, South Grafton, NSW 2460)

$415,000

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

A versatile and spacious family home on a large flood-free block with multiple income streams from seven sheds, ideal for investors or owner-occupiers seeking space and flexibility in South Grafton.

🏡 Property Highlights

  • Generous 1,239m² flood-free block offering ample space and privacy.
  • Versatile property with a well-maintained home and seven income-generating sheds.
  • Strong rental income with a total weekly return of $590, including long-term tenants.
  • Potential for additional income streams through separate fenced sheds with private driveway access.
  • Spacious open-plan living and dining area designed for comfortable everyday living.
  • Prime location in highly sought-after South Grafton with easy access to local amenities.

✨ Key Features

  • Air Conditioning
  • Garage
  • Outdoor Area
  • Built-in Robes
  • Shed
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Internal Laundry
  • Pet-Friendly

South Grafton is a highly desirable suburb known for its friendly community, convenient access to local amenities, and peaceful environment. The area offers excellent schools, parks, and shopping facilities, making it ideal for families and investors alike. Its strategic location provides easy connectivity to Grafton and surrounding regions, ensuring a balanced lifestyle with growth potential. The suburb's flood-free status and spacious properties make it a sought-after choice for those seeking space and security.

What is the condition of the property and are there any reports available?
Building and Pest Inspection Reports are available upon request, providing detailed insights into the property's condition.
What are the current rental incomes and lease terms?
The property currently generates a combined rental income of $2,556 per month, with the house leased at $380 per week until 30/08/2026, and each shed leased at $30 per week.
Is there potential for increasing rental income?
Yes, with the existing setup and long-term tenants, there may be opportunities to increase rental returns through lease negotiations or property improvements.
Are there any zoning or planning restrictions I should be aware of?
Interested buyers should conduct their own due diligence regarding zoning, planning, and any local regulations affecting the property and sheds.
What are the flood risks and environmental considerations?
The property is situated on a flood-free block, reducing flood risk concerns. However, further environmental assessments can be undertaken.
Are there any additional costs for maintenance or repairs on the sheds or property? Have all necessary approvals been obtained for the sheds and any modifications? Are there any easements, covenants, or zoning restrictions affecting the property? What are the potential risks of nearby construction or development? Is there any history of flooding or environmental hazards in the area? Are there any strata or body corporate fees applicable if applicable? What is the noise level and proximity to busy roads or industrial areas? Are there any upcoming planning or infrastructure projects in the vicinity? What are the long-term prospects for property value growth in South Grafton? Are there any hidden costs associated with the maintenance of the sheds or property?

62 Heber Street, South Grafton, NSW 2460 - More Details

$415,000

Auction Details:
Wednesday 15th of April 6.00pm
Grafton District Services Club

*Building & Pest Inspection Reports Available Upon Request*

Positioned on a generous 1,239m² (approx.) flood-free block, 62 Heber Street, South Grafton offers a rare combination of comfort, space, and investment potential. The versatility of this property is clear - with the home and 7 storage sheds providing clear and consistent returns over a long period of time. Set to sell under the hammer on the 15th of April, this is an exceptional opportunity for homeowners or savvy investors looking to secure a versatile property in a highly sought-after location. The current owner has given a clear message that a result is needed. We will be selling upon the fall of the hammer.

The home itself features a spacious open-plan living and dining area, designed for easy everyday living. The kitchen is functional and well-positioned, offering plenty of storage space. With three comfortable bedrooms-including a master bedroom complete with air conditioning-the home provides ample space. There are also two bathrooms, ensuring convenience and practicality. Please refer to the floor-plan provided for an understanding of the layout.

Outside, the property truly sets itself apart. A single carport provides undercover parking for the home, while the seven storage sheds located at the rear of the block open the door to multiple income streams. The sheds are accessible via its own private driveway and is separately fenced away from the main residence, allowing for independent use or leasing arrangements. This well-thought-out layout makes it ideal for those seeking both comfortable living and the opportunity to generate additional revenue.

Notable features include:

- 1,239m2 (approx.) block
- 3 bedrooms
- 2 bathrooms
- Air conditioning
- Single carport
- 7 x storage sheds
- Current combined rental return $2,556 p/m over 12 month period
- House rental appraisal $400 - $420 per week

Tenancy details:

- House: $380 per week, Lease End: 30/08/2026
- Shed 1: $30 per week
- Shed 2: $30 per week
- Shed 3: $30 per week
- Shed 4: $30 per week
- Shed 5: $30 per week
- Shed 6: $30 per week
- Shed 7: $30 per week

Total weekly income: $590

All tenants are long term and would love to stay on with any prospective buyers.

Whether you're an investor looking for a multi-income property or an owner-occupier wanting space and flexibility, 62 Heber Street is a standout option. Auction 15th April - don't miss your chance to secure this versatile South Grafton property. Contact The Jake Kroehnert Team from Ray White TKG 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.
Type
House
Bedrooms
3
Bathrooms
2
Parkings
1
Area
1,239 m²

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