1-4/124 Turf St, Grafton is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 741m2.
Auction Details:Wednesday 27th August 6:00pmGrafton District Services Club*Building & Pest Inspection Reports Available Upon Request**Information Memorandum Available Upon Request*Unlock a fantastic investment opportunity with this block of four well-maintained brick units, each featuring two comfortable bedrooms and one bathroom. Perfectly positioned on a generous 741m2 (approx.) block, this property offers strong returns with a combined rent return of $1,250 and room for growth in a prime location. Instructions are clear - we are selling. The block is simple yet practical with its layout. Two units are located on the upper level and two on the ground floor, catering to different tenant preferences. The property has a history of little to no vacant time, a testament to not only the strength of the rental market in our region, but the property in its entirety. The position, in a highly regarded location within the Grafton township is yet another feature that sets this property aside from the competition. Vehicle access to the backyard and a carport ensuring undercover parking for each unit finishes off the package. Please refer to the floor-plan provided for an understanding of the layout. Notable features include;- 741m2 block - Highly regarded position- Four units providing four income streams- Combined rent return of $1,250 p/w- Combined rental appraisal of $1,280 p/w- Car park allocated to each- Strong history of little to no vacant timeTenancy Details;- Unit 1: $300 per week, Lease End: 27/02/2025- Unit 2: $350 per week, Lease End: 14/07/2025- Unit 3: $300 per week, Lease End: 25/03/2026- Unit 4: $300 per week, Lease End: 10/06/2024Brick unit blocks in Grafton are sought after and rarely offered to the marketplace. Selling with assurance, this is one all investors will want to take part in. Contact the Jake Kroehnert team on 0422 260 192 to declare your interest and to book your inspection.Disclaimer: All information disclosed herein has been provided from sources we believe to be reliable however we cannot guarantee its accuracy. It is respectfully advised that interested parties carry out their own due diligence.3D VIRTUAL TOURSUnit 1https://my.matterport.com/show/?m=a7Kov7E5irpUnit 2https://my.matterport.com/show/?m=o4pX3rRUyowUnit 3 & 4https://my.matterport.com/show/?m=8DEuDP71mrG
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 6,231 properties. Over the last 5 years, Houses in Grafton have seen a 38.56% increase in median value, while Units have seen a 32.20% increase. As at 30 June 2026:
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