56 Duke Street, Grafton, NSW 2460 | House for sale | OnTheHouse
 
FOR SALE
$450,000 - $500,000

56 Duke Street
Grafton NSW 2460

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 475m2
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STRATEGIC CBD OPPORTUNITY - E3 PRODUCTIVITY SUPPORT ZONING

A rare chance to secure a 475sqm landholding in the heart of Grafton's CBD, positioned just metres from the north-eastern entrance to Grafton Shoppingworld and directly opposite the historic Market Square. Zoned E3 Productivity Support, this address offers genuine flexibility for owner-occupiers, investors and developers looking to capitalise on one of Grafton's most tightly held commercial precincts.
The existing character home retains solid hardwood timber flooring and framing throughout, with a functional 2 bedroom, 1 bathroom floorplan built around a central living area and a sunlit rear sunroom. The property has been prepped and is ready for a full renovation, giving buyers a genuine blank canvas to reimagine the space to suit their vision. Downstairs offers ample garaging, adding practical value whether the site is used residentially or commercially.
Current owners have fully re-wired the home's electrical hardware, renewed the plumbing and replaced the front stairs and hot water system. With its rear access via Little Duke St the property will be an easy one to renovate and improve.
With E3 zoning in place, the possibilities extend well beyond a standard home renovation. Reimagine the property as a boutique CBD BnB capitalising on constant foot traffic from Shoppingworld and Market Square, or repurpose the existing structure into commercial office space, medical consulting rooms or professional suites (S.T.C.A.). Few sites in Grafton offer this combination of zoning flexibility, footprint and true CBD address.
Opportunities like this in the centre of Grafton don't come up often — enquire today to arrange an inspection.

Property Details for 56 Duke St, Grafton

56 Duke St, Grafton is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 475m2. The place is currently for sale with Mckimm's Real Estate Pty Ltd - GRAFTON.

Building Type
House
Land Size
475m2
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About Grafton 2460

The size of Grafton is approximately 12.2 square kilometres. There are 17 parks, covering nearly 8.1% of the total area. The population of Grafton in 2016 was 10408 people. By 2021 the population was 10563 showing a population growth of 1.5% in the area during that time. The predominant age group in Grafton is 60-69 years. Households in Grafton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Grafton work in a community and personal service occupation.In 2021, 62.70% of the homes in Grafton were owner-occupied compared with 61.50% in 2016.

Grafton has 6,226 properties. Over the last 5 years, Houses in Grafton have seen a 41.55% increase in median value, while Units have seen a 30.37% increase. As at 31 July 2026:

  • The median value for Houses in Grafton is $530,198 while the median value for Units is $416,853.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 44 properties listed for sale, and 10 properties listed for rent in Grafton on OnTheHouse. According to Cotality's data, 277 properties were sold in the past 12 months in Grafton.

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Angus McKimm
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Jess Coleman
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Mckimm's Real Estate Pty Ltd - GRAFTON
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