11 Queen StreetGrafton NSW 2460
Property Details for 11 Queen St, Grafton
Last Listing description (June 2023)
Dougherty Property are proud to present to market this fantastic investment opportunity.
11 Queen Street is a great commercial opportunity situated on a prominent corner allotment of approximately 402m, with dual street frontage. The building itself is comprises approximately 255m of floorspace, including the main building, verandah, carport & rear storage.
This property currently has an excellent commercial tenant in place aligned to the medical industry, currently on a five year lease & with a further two five year options available. Current gross rent is $42,597.48 per annum inclusive of GST with the tenant paying all outgoings, excluding insurance, & your net return will vary depending on this.
Inspections are by appointment only. To schedule your inspection, or for further information call Toby Power on 0417 696 564 or Peter Grainger on 0417 217 046.
Property History for 11 Queen St, Grafton, NSW 2460
- 16 Jun 2023Sold for $554,000
- 23 Sep 2022Listed for Sale Not Disclosed
- 21 Jun 2019Listed for Sale New Price $520,000
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About Grafton 2460
The size of Grafton is approximately 12.2 square kilometres. It has 17 parks covering nearly 8.1% of 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 6,223 properties. Over the last 5 years, Houses in Grafton have seen a 48.21% increase in median value, while Units have seen a 30.30% increase. As at 30 April 2026:
- The median value for Houses in Grafton is $524,454 while the median value for Units is $392,532.
- Houses have a median rent of $550 while Units have a median rent of $450.
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