$194,000

2, 130 Victoria Street, Grafton, NSW 2460


SUPERB INVESTMENT PROPERTY IN HIGH END NEIGHBOURHOOD

Whilst this 2 bedroom unit may be simply designed and finished, it is located in one of Grafton’s most exclusive riverside neighbourhoods meaning you will always be able to attract high quality tenants or enjoy a great spot to live in yourself.

Set just 4 blocks walk from the CBD shops and services, 130 Victoria Street is a 6 unit complex built in the 1970s and offering air conditioning, 2 well-sized bedrooms, an open kitchen-living room and a separate laundry complex.

There is an individual carport space included.

Currently leased for $230 per week the current lease expires March 2020.

From this address it is a short walk to much of what Grafton has to offer, many tenancies in this building have lasted for a decade plus making it perfect as a long term rental investment either as a furnished or unfurnished premises.

Rates: $2050 19/20
Strata: $1,400 per year (approx)

LOCAL SCHOOLS

DEMOGRAPHICS

Population
Average Age
57% Owner
32% Vacancy Rate
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