16 Kennedy St, South Grafton is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 409m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in June 2020.
Great investment at a low price entry-level, with a possible 9% + return on asking price (solid), add to this reliable tenants and this is a rare positively geared property.
Currently leased to long term tenants at $350 per week. The property is in sound condition with 2/3 beds, (2 of which are very big), separate living room, large country kitchen, front covered veranda and large double carport at rear. Located on a level easily maintained 407sqm block close to all amenities. Call for an appointment now.
Council Rates - $2,336.24
(agents interest declared)
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** Due to the current COVID-19 Restrictions No Open Homes will be conducted until further notice.
** Century 21 Coffs Coast will be conducting Open Virtual Tours at set booked open times otherwise, a video of the property is available to view.
** We will be conducting 1 on 1 inspection with qualified buyers.
The size of South Grafton is approximately 24.9 square kilometres. It has 17 parks covering nearly 6.9% of total area. The population of South Grafton in 2011 was 6,390 people. By 2016 the population was 6,085 showing a population decline of 4.8% in the area during that time. The predominant age group in South Grafton is 50-59 years. Households in South Grafton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Grafton work in a community and personal service occupation. In 2011, 60.4% of the homes in South Grafton were owner-occupied compared with 60.6% in 2016.
South Grafton has 3,360 properties. Over the last 5 years, Houses in South Grafton have seen a 65.26% increase in median value, while Units have seen a 17.25% increase. As at 31 October 2024:
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