SOLD
RECENT ADVICE
Sold on 10 Sep 2024 for $550,000

4/4A Toona Way
South Grafton NSW 2460

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Land area: 884m2
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Sold By
Ray White Grafton
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Property Details for 4/4a Toona Way, South Grafton

4/4a Toona Way, South Grafton is a 5 bedroom, 2 bathroom House. The property has a land size of 884m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom House sold in South Grafton in the last 12 months.

Building Type
House
Land Size
884m2
Local Government
Clarence Valley

Last Listing description (September 2024)

*Building & Pest Inspection Reports Available Upon Request*

There are very few properties in our region offering such a healthy return on investment in this price range. Boasting a 3-bedroom home along with a fully independent, brand-new granny flat in the back, any investor in the marketplace with an eye for value is going to want to see this. Another offering such as this will be hard to find.

The main dwelling consists of 3 well-sized bedrooms, 1 bathroom and an open plan kitchen, dining, living space. The self-contained granny flat features two comfortable bedrooms, a modern bathroom and open plan kitchen, dining, living space. The property features a fully fenced backyard that provides ample space for gardens and further shedding or development (STCA). Please refer to the floorplan provided for an understanding of the layout.

4 Toona Way is currently rented at $400 per week with a lease until November 2024. 4A Toona Way has a current tenant in place with a lease until November 2024 paying $400 per week. The decision to buy is made easy here.

Notable features include:
- 884m2 block (approx.)
- 3-bedroom, 1-bathroom home
- 2-bedroom, 1-bathroom granny flat (newly built)
- Currently returning $800 per week
- Separately meter power
- Water metered together
- Rates approx. $2,950 per annum

Whether you are an investor looking to maximize rental return or a homeowner seeking additional income while living on-site, this property presents an unmatched value proposition. 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.

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Property History for 4/4a Toona Way, South Grafton, NSW 2460

A timeline of how this property has performed in the market
Last Sold
$550,000
10 Sep 2024
  • 10 Sep 2024
    Sold for $550,000
  • 15 Jul 2024
    Listed for Sale $550,000
  • 27 Mar 2024
    Listed for Sale $550,000
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About South Grafton 2460

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:

  • The median value for Houses in South Grafton is $426,317 while the median value for Units is $292,037.
  • Houses have a median rent of $450 while Units have a median rent of $355.
There are currently 27 properties listed for sale, and 7 properties listed for rent in South grafton on OnTheHouse. According to CoreLogic's data, 238 properties were sold in the past 12 months in South grafton.

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