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Sold on 15 Apr 2024 - Price Unavailable

97 Bacon Street
Grafton NSW 2460

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 698m2
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Property Details for 97 Bacon St, Grafton

97 Bacon St, Grafton is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 698m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Grafton in the last 12 months.

Building Type
House
Land Size
698m2

Last Listing description (April 2024)

*Building & Pest Inspection Reports Available Upon Request*

Introducing 97 Bacon Street, a remarkable opportunity nestled in the heart of Grafton's CBD. This property stands as an outstanding investment, boasting a unique blend of residential charm and commercial potential. Boasting both a strong return from the dwelling and storage sheds, this is a property that very rarely presents itself in today's market. Inspect early and offer strong.

The residence features three generously sized bedrooms, two of which are complemented by private ensuites, ensuring comfort and convenience for all occupants. A third bathroom, which doubles as a laundry, caters to the practical needs. The heart of the home is graced by a seamlessly integrated open plan area that combines the kitchen, dining, and living spaces into one expansive space. Designed for the modern lifestyle, each bedroom and the living room are equipped with their own air conditioners, guaranteeing a comfortable climate all year round. Please refer to the floorplan provided for an understanding of the layout.

Below, the property offers ample storage space and car accommodation, maximizing the usability of the entire home. A significant feature of this investment is the inclusion of 8 storage sheds, providing an exceptional source of additional income. Accessibility is a breeze with wide backyard access down the left-hand side of the property.

This property not only serves as a comfortable residential dwelling but also shines as a lucrative investment with an outstanding rental return. Currently, the combined income from the dwelling and storage shed rent totals an impressive $968.50. A current rental appraisal has been conducted on the residence and the storage sheds allowing the possibility of up to $1,030 total return per week.

Notable features include:
- 698m2 block (approx.)
- Located in the CBD
- ROI guide available upon request
- 3 bedrooms
- 3 bathrooms
- 4 x air conditioners
- 8 x storage sheds
- Combined return of $968.50 per week
- Combined rental appraisal of $1,030 per week

97 Bacon Street is a rare find, and with its excellent location, modern amenities, and strong rental yield, it represents a once-in-a-lifetime investment opportunity. Contact Jake Kroehnert & Tayla Lavender from Ray White TKG 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 97 Bacon St, Grafton, NSW 2460

A timeline of how this property has performed in the market
Last Sold
15 Apr 2024
Listed for Rent
$750/w
28 May 2024
  • 18 Apr 2024
    Listed for Rent $750 / week
  • 12 Apr 2024
    Sold for $650,000
  • 29 Feb 2024
    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 6,124 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.
There are currently 39 properties listed for sale, and 15 properties listed for rent in Grafton on OnTheHouse. According to CoreLogic's data, 291 properties were sold in the past 12 months in Grafton.

Suburb Insights for Grafton 2460

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Contact agent
Jake Kroehnert
Show contact details
Ray White TKG - 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.