1 Duke StreetGrafton NSW 2460
Property Details for 1 Duke St, Grafton
Last Listing description (October 2023)
A highly unique commercial offering 285 sqm (approx) of net lettable space facing the Clarence River at 1 Duke Street. The site is located near the Cathedral and Cathedral school (cnr Victoria & Duke) and enjoys sweeping views of the river and Memorial Park together with a spacious 1,100sqm (approx) fenced yard.
Developed in 2010 from its original purpose as the historic Police Inspectors Home, 1 Duke St now offers an array of rooms to suit office consulting, legal or accounting pursuits plus features an 80 - 100 seat dining room and commercial kitchen. There are bathroom and kitchen facilities to suit staff living on site.
Restaurant, caf or takeaway food business are well suited but there are a world of other business applications that will operate well here function centres, staff training, medical and many more.
Please Note: Advertising photos are from 2017.
Outgoings are cheap at just Council rates ($1000 per year), water & sewer charges only. Owner will cover building insurance.
Property History for 1 Duke St, Grafton, NSW 2460
- 17 Sep 2024Sold
- 06 Feb 2023Listed for Rent $42,000 / year
- 08 Mar 2017Listed for Rent $38,000 / year
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0About Grafton 2460
The size of Grafton is approximately 12.2 square kilometres. It has 17 parks covering nearly 8.1% of total area. The population of Grafton in 2011 was 10,205 people. By 2016 the population was 10,399 showing a population growth of 1.9% in the area during that time. The predominant age group in Grafton is 50-59 years. Households in Grafton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Grafton work in a professional occupation. In 2011, 66.2% of the homes in Grafton were owner-occupied compared with 61.5% in 2016.
Grafton has 6,124 properties. Over the last 5 years, Houses in Grafton have seen a 62.13% increase in median value, while Units have seen a 34.29% increase. As at 31 October 2024:
- The median value for Houses in Grafton is $475,486 while the median value for Units is $343,405.
- Houses have a median rent of $480 while Units have a median rent of $420.
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