What a great addition to your investment portfolio!
Located in central Grafton this 2 story brick building zoned Commercial 3(a) offers potential everywhere you look. Just a few 100 metres from where McConaghy Developments have invested more than 50 million dollars expanding Grafton’s main shopping centre, and even closer to Graftons brand new hotel “The Clocktower”, this building is right in the centre of the action.
Downstairs features two retail shop fronts – one is currently vacant having been occupied by a well known and long running fish and chip shop, and the other is currently occupied by Clarence Valley Small Engines at $15,400GST Inc per annum. Upstairs the building offers 4 – 5 offices, which are currently unutilised by the owners. Rear lane access to the premises is also a great feature.
The vendors have realistic price expectations for the building and are motivated to sell on or before Auction Day. Buildings in this part of town are rarely offered for sale so this could be a very rare chance to buy into this growth area.
Rates: $3497 2008/2009
AUCTION: FRIDAY 3 OCTOBER 1PM QUALITY INN, GRAFTON