{"Slug":"block-of-units-13-15-brougham-street-grafton-nsw-2460","CanonicalUrl":"https://realsearch.com.au/block-of-units-13-15-brougham-street-grafton-nsw-2460","Address":"13-15 Brougham Street, Grafton, NSW 2460","Suburb":"Grafton","State":"NSW","Postcode":"2460","PropertyType":"Block Of Units","Status":"For Sale","Headline":null,"Description":"For investors looking to acquire at scale, 13–15 Brougham Street presents an opportunity that goes well beyond the traditional residential investment.Comprising four substantial four-bedroom units, the property is being offered with genuine purchasing flexibility - secure two units for $900,000 or acquire the entire four-unit holding for $1,800,000.With all four dwellings leased and scheduled rental increases bringing the combined income to approximately $1,890 per week, the complete holding will generate approximately $98,280 in gross rental income per annum. At the $1.8 million asking price, this represents an approximate gross yield of 5.46%.The individual rental returns following the scheduled increases are approximately $470, $480, $470 and $470 per week, providing four separate income streams within the one investment.Each residence offers four-bedroom accommodation, giving the properties strong versatility and distinguishing them from the smaller two-bedroom units commonly found in multi-dwelling investments.Importantly, the existing rental return is only one part of the opportunity.There is also potential, subject to the necessary approvals and completion of a strata subdivision, for the residences to ultimately be separately titled. For an investor acquiring the entire holding, this could create a valuable longer-term exit strategy - retain all four, potentially strata and hold them individually, or consider selling the residences separately in the future.Current holding costs include council rates of approximately $720 per quarter, per unit, with insurance approximately $3,300 per annum across the property.For investors, the proposition is straightforward: existing income, multiple tenancies, scale from day one and potential flexibility for the future.Investment Highlights4 x four-bedroom unitsCombined rent approximately $1,890 per week following scheduled increasesApproximately $98,280 gross rental income per annumApprox. 5.46% gross yield at $1,800,000Rates approximately $720 per quarter, per unitInsurance approximately $3,300 per annumPurchase two units for $900,000Purchase all four for $1,800,000Potential future individual titling and sale, subject to strata subdivision and relevant approvalsWhether you're looking to add two substantial properties to an existing portfolio or secure the entire four-unit holding, 13–15 Brougham Street offers the combination investors continually look for - immediate income with options for the future.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Expression of Interest"},"Bedrooms":"16","Bathrooms":"8","Parking":"4","Features":[{"Name":"Bedrooms","Value":"16"},{"Name":"Bathrooms","Value":"8"},{"Name":"Carports","Value":"4"},{"Name":"Area","Value":"1,508 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":null,"Longitude":null,"Agent":{"Name":"Benny Holder","CanonicalUrl":"https://realsearch.com.au/agent/benny-holder-2"},"Agency":{"Name":"Elders Real Estate Clarence Valley","CanonicalUrl":"https://realsearch.com.au/agency/elders-real-estate-clarence-valley"},"CreatedAt":"2026-09-30T08:59:12.4777063","UpdatedAt":"2026-09-30T08:59:12.503802"}