OFF MARKET

4/44 Alice Street
Grafton NSW 2460

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 2272m2
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Property Details for 4/44 Alice St, Grafton

4/44 Alice St, Grafton is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2010. The property has a land size of 2272m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
2010
Land Size
2272m2
Local Government
Clarence Valley
Lot/Plan
4/SP83959

Last Listing description (January 2023)

There are very few development opportunities such as this left in our region. A three-bedroom brick and tile unit sits upon a block of approximately 1766 square meters with unrivalled development potential. Opportunities like this are nothing short of a miracle to find.

The block of approximately 1766m2 sits proudly in one of Grafton's most highly regarded and sought-after streets. Being just a short walk to the CBD, the convenience of the location is one of many features that make this development such an easy one.


Existing is a large three-bedroom brick and tile unit at the front of the block, allowing the new owner a weekly rental return of approximately $380 per week whilst the works commence.

The approved development is 4 x three bedroom low-set units. All plans with dimensions, construction certificate and additional information regarding the development is available upon request.

Notable features include;
- Ability to build single story
- Existing unit providing a return
- 1766m2 block with easy access
- Highly regarded & sought-after location
- 3D rendered plans available
- Plans available upon request

Rarely does a development opportunity that offers simultaneous income become available, particularly in a location that will allow the new owner to maximise profits when selling or renting the finished product. Our seller is ready to hear your offer. Please contact Team Jake 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.

Property History for 4/44 Alice St, Grafton, NSW 2460

A timeline of how this property has performed in the market
Last Sold
$450,000
16 Mar 2021
  • 25 Jul 2022
    Listed for Sale AUCTION
  • 16 Mar 2021
    Sold for $450,000
  • 13 Nov 2020
    Listed for Sale SALE

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About 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 6,127 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.
There are currently 46 properties listed for sale, and 12 properties listed for rent in Grafton on OnTheHouse. According to CoreLogic's data, 285 properties were sold in the past 12 months in Grafton.

Suburb Insights for Grafton 2460

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.