OFF MARKET

68-70 Through Street
South Grafton NSW 2460

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 134m2
Land area: 739m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 68-70 Through St, South Grafton

68-70 Through St, South Grafton is a 0 bedroom, 0 bathroom House. The property has a land size of 739m2 and floor size of 134m2.

Building Type
House
Floor Size
134m2
Land Size
739m2
Local Government
Clarence Valley

Last Listing description (November 2020)

Confidence is in the 2460 region and every indication is that the further growth (bolstered by new industry and upgrade) will continue to reward this for many years to come.

South Grafton has always been the investor hot-spot with remarkably cheaper real estate and many cases stronger returns on investment. Whether it is residential real estate or commercial, this has certainly rang true. With less outlay, risk is reduced. Less risk is a space of comfort for both the landlord and the lease holder.


Here is a rare opportunity to acquire two commercial holdings, side by side in a growing business precinct. Council approved, occupying the same title with one water meter and separate power, the holding is worthy of any investors attention and well suited to many pursuits.

70 Through Street is the restored and refurbished federation style home converted to office rooms. It pays to note that a conversion back to a residence would be quite easily obtained.

Clarence Valley Council love converting our historic homes into office space so all can visit and enjoy. Here we have an attractive and secure shop-front with gated access to a front patio. The long hall leads you past 3 spacious office rooms to a central reception area and waiting room. To the rear are staff facilities alongside bathroom, toilet, storage and kitchen. A large carport at the rear accommodates the staff and/or clients. The office is well presented with upgrades such as ducted air-conditioning, 3 phase power, renewed plumbing, rewiring and even a new roof with respect to the original features. This property is vacant with a rental expectation of

68 Through Street is the large industrial sized shed with great street frontage.

This shed was recently leased with a rental return of approx. $1480 per month. At the rear of the shop is storage, kitchen and bathroom provisions alongside parking space.

Our sellers have made a clear that they are liquidating so please don't create any preconceived perceptions on price. Whether this opportunity suits your business pursuits or you would like to take advantage of probable growth, now is the time to act.

Contact Dave Dart at Elders Grafton on 6642 1122 or direct 0427 440 808

Property History for 68-70 Through St, South Grafton, NSW 2460

A timeline of how this property has performed in the market
  • 21 Nov 2019
    Listed for Sale $550,000

Commute Calculator

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 29 properties listed for sale, and 8 properties listed for rent in South grafton on OnTheHouse. According to CoreLogic's data, 232 properties were sold in the past 12 months in South grafton.

Suburb Insights for South Grafton 2460

Market Insights
South Grafton Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Grafton Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.