OFF MARKET

42 Hyde Street
South Grafton NSW 2460

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2225m2
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Property Details for 42 Hyde St, South Grafton

Building Type
Commercial
Land Size
2225m2
Local Government
Clarence Valley
Lot/Plan
1/DP730877

Last Listing description (July 2017)

This 2,225 square metre (in excess of half an acre) site boasts frontage to both Hyde Street and Armidale Road, providing higher street exposure than most industrial properties in the area. The 25 metre by 15 metre steel framed, colorbond clad warehouse has a 6 metre by 15 metre air conditioned brick showroom/lunch room/amenities block built into one end. Above the showroom/office is a mezanine level that provides an additional office and storage space. High vehicle access doorways for easy stock transfer. An additional 8 metre by 4 metre hay shed is constructed on the site. Full perimeter security fencing protects your investment. Town water, power, telephone and sewerage are all connected. McGregor Gourlay Rural Produce Merchants lease the premises. Current lease expires September 30, 2016 with the right to take up a further 1 year option (tenant has indicated they may be interested in longer term). Currently returning $30,000 + GST per annum.

Property History for 42 Hyde St, South Grafton, NSW 2460

A timeline of how this property has performed in the market
Last Sold
$775,000
23 Nov 2023
  • 23 Nov 2023
    Sold for $775,000
  • 21 Dec 2021
    Sold for $704,000
  • 26 May 2017
    Sold for $350,000
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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, 236 properties were sold in the past 12 months in South grafton.

Suburb Insights for South Grafton 2460

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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.