2/19 Weiley AvenueGrafton NSW 2460
Property Details for 2/19 Weiley Ave, Grafton
2/19 Weiley Ave, Grafton is a 4 bedroom, 2 bathroom House and was built in 1970. The property has a land size of 538m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in Grafton in the last 12 months.
Last Listing description (December 2024)
If you're searching for a reliable investment opportunity that offers both stability and excellent returns, 19 Weiley Avenue in Grafton could be the perfect addition to your portfolio. This duplex is ideally situated just a 2-minute drive from Grafton's bustling CBD, making it a highly sought-after location for tenants.
The property consists of two units, each currently leased to long-term tenants. Unit 1 and Unit 2 are both rented for $360 per week, generating a combined annual gross income of $37,440. With annual rates standing at approximately $4,900, the financials are set up for a sound investment.
Each unit in the duplex is thoughtfully laid out with two bedrooms, a bathroom, and a kitchen on the upper level, optimized for privacy and ease of living. The adjoining living and dining areas provide a seamless flow, creating a welcoming environment for tenants. Additionally, each unit boasts a massive rumpus room downstairs, which can serve as a teenage retreat, a second living area, or extra storage space. The robust brick construction and each unit's single bay lock-up garage enhance the appeal and functionality of the property.
Constructed in 1970 and with the current owners looking to liquidate their assets, this is a timely opportunity to acquire a hassle-free property that promises long-term benefits. Whether you are starting out as an investor or looking to expand your existing portfolio, 19 Weiley Avenue represents a smart choice.
For more information or to declare your interest contact Benny Holder on 0491 616 380.
Benny Holder Licence No. 20312246
Craig Franklin Certificate No. REP400019832C
DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters less
Property History for 2/19 Weiley Ave, Grafton, NSW 2460
- 12 Nov 2024Sold for $595,000
- 23 Apr 2024Listed for Sale $609,000
- 15 Sep 2022Listed for Sale $580,000
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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 6,146 properties. Over the last 5 years, Houses in Grafton have seen a 62.77% increase in median value, while Units have seen a 43.87% increase. As at 30 November 2024:
- The median value for Houses in Grafton is $481,222 while the median value for Units is $348,779.
- Houses have a median rent of $483 while Units have a median rent of $420.
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