OFF MARKET

566 Summerland Way
Grafton NSW 2460

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 269m2
Land area: 59650m2
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Property Details for 566 Summerland Way, Grafton

566 Summerland Way, Grafton is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 59650m2 and floor size of 269m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1980
Floor Size
269m2
Land Size
59650m2
Local Government
Clarence Valley
Lot/Plan
1/DP193619

Last Listing description (September 2021)

**UPDATE. Due to the current state wide COVID lockdown, the new auction date is Saturday 25th September, 12 Noon in rooms at Dougherty Property, 15 Prince Street Grafton.**

Situated only 3.5km's from Grafton's CBD, this 5.96 hectare property could be the blue chip development site that you have been waiting for.

In a prime location, positioned for future growth in our northern rivers town, with Brewery Light Industrial Estate on one side and Jacaranda Grove, a popular over 50's lifestyle community on the other, this land is currently zoned RU1 Primary Production, demonstrating the ideal blank canvas in a growing community.

This is one of those rare opportunities to secure a prime piece of land so close to town, with endless possibilities. Add to your property portfolio, landbank in your SMSF, or explore re-zoning and further development opportunities (STCA), the choice is yours.

Build your dream home or renovate the existing substantial large brick and tile home, boasting five bedrooms plus study/office, three bathrooms, two spacious living rooms, double lock up garage, a very functional original kitchen including walk-in pantry, plus three generous outdoor patio areas and a separate brick and tile studio just a short distance from the main dwelling. The home is currently tenanted, returning $550pw, and has endless potential to put your own homely touches.

The property reflects tremendous value, whether you call it home, make it an investment or explore the future opportunities of this undeveloped land. Almost 15 acres on the fringe of the city between two different but highly valuable assets of alternative usage.

Take this property down the correct pathway and you could set yourself up financially for generations.

Auction Date: Saturday 25th September 2021
Auction Time: 12 noon
Venue: Dougherty Property, 15 Prince Street Grafton NSW 2460

Contact Tyler Marsh on 0487 422 229 to declare your interest.

Disclaimer: Whilst all information as described is from sources we believe to be reliable and accurate, we cannot guarantee its accuracy. Interested parties are strongly advised to carry out their own due diligence and make independent enquiries with Clarence Valley Council regarding any prospective development aspirations.

Property History for 566 Summerland Way, Grafton, NSW 2460

A timeline of how this property has performed in the market
Last Sold
$2,035,000
25 Sep 2021
  • 25 Sep 2021
    Sold for $2,035,000
  • 26 Jul 2021
    Listed for Sale AUCTION
  • 26 Jan 2020
    Listed for Sale $2,000,000
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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 6,146 properties.

    There are currently 29 properties listed for sale, and 15 properties listed for rent in Grafton on OnTheHouse. According to CoreLogic's data, 290 properties were sold in the past 12 months in Grafton.

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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.