31 Cranworth StreetGrafton NSW 2460
Property Details for 31 Cranworth St, Grafton
31 Cranworth St, Grafton is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 729m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (May 2022)
* Building & Pest Inspection Reports Available Upon Request *
It is becoming almost impossible to secure a property in Grafton at an entry level price that allows those looking to renovate to add value. 31 Cranworth Street Grafton is an exception to the above, giving those looking for such an unmissable opportunity to secure an affordable property with a clear margin for value adding. Our seller has made it clear that the property must be sold under the hammer. Please declare your interest and prepare yourself for auction.
The approximate 739m2 block enjoys frontage to both Cranworth Street & Elizabeth Avenue. The Westlawn location, across the road from the Grafton Race Course is another point of difference that will allow the new owner to add substantial value with renovations. Whether it be a first home buyer, an investor or in the market to renovate and flip, this is an auction not to miss.
The floorplan allows up to four bedrooms, with a partially renovated kitchen removing some of the work that could be required. It is clear to see the potential as you walk through, with charming features such as high ceilings and hardwood floors throughout. Please refer to the floorplan provided for an understating of the options provided by the spacious layout.
Notable features include;
- Master bedroom with walk-in-robe
- Air conditioning
- Dual street frontage
- Fireplace
- Generous floorplan providing endless options for renovations
- Options to add further shedding (STCA)
- Rare opportunity to purchase and add value
A recent rental has been conducted, predicting an approximate weekly return of $380 - $400.
Properties with this type of potential are becoming harder and harder to secure. Those in the market ready to roll up the sleeves and do the work will sure to be rewarded when buying here. Please contact Jake Kroehnert & Tiahnee Cropper on 0478 747 771 to declare your interest.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 31 Cranworth St, Grafton, NSW 2460
- 17 Mar 2022Sold for $340,000
- 16 Feb 2022Listed for Sale AUCTION
- 25 Oct 2019Listed for Rent $365 / week
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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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