Central to Grafton’s main business district is this fantastic proposition where you don’t put all your eggs in the one basket.

Grafton, NSW is less than an hour North of Coffs Harbour and only 2.5 hours to the Gold Coast. The town is rapidly growing and is known to have a strong ROI on both commercial and residential ventures.

The property itself sits on approx. 910m2 with seven commercial outlets. The holding offers two street access with two predominant shops with Prince Street frontage and five remaining shops positioned behind the large shopping centre on Wiseman Way accessed via Pound Street or Fitzroy Street. All outlets can be easily accessed by the public as there is a walk-through access via the largest shop.

Features include and are not limited to:

- A high profile location in a rapidly expanding city

- A plethora of car parking options in close vicinity

- Affordable lease options resulting in strong occupancy

- At full occupancy approx. $128,000 gross rental income (ex GST)

- After expenses a net income of approx. $108,000 (ex GST)

- Currently most of the shops are in lease.

This is a circumstantial sale and time is of the essence. All offers will be considered prior to public Auction at 70 Pound Street, Grafton – 6pm on the 19th February, 2019.

For further information, inspection or to obtain a copy of the contract of sale contact Karen Gorton of Elders Real Estate, Grafton on 02 6642 1122 or direct 0437 867 243