40 Spring St, South Grafton is a 3 bedroom, 1 bathroom House with 8 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Located in the heart of South Grafton, walking distance to schools, shops and transport sits this character filled 2 story home. The property itself is in one the quieter parts of Spring Street and sits on a large 801m2 (approx.) block.
Upstairs consists of 3 generously sized carpeted bedrooms, an open plan kitchen/dining area, polished timber floorboards and a reverse cycle air conditioner in the living area. Downstairs features the laundry, storage room and 2 rumpus rooms, the perfect area for a teenage retreat.
Elders Property management team have estimated a rental return of approximately $390-$420 in this current rental market making it an ideal investment opportunity.
The large outdoor undercover area is the perfect space to entertain family and friends while watching the kids play in the fully fenced yard. The shedding here is endless, finding a place to store your toys will never be an issue here with the large powered shed and carport at the back of the property big enough to fit 6 cars plus the lock up garage underneath the house.
This is the first time 40 Spring Street has entered the market in over 25 years, properties as unique as this one are hard to come by so contact Dave Dart today on 0427 440 808 before you miss out.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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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