116 Mary Street

Grafton NSW 2460

Our seller has instructed us to bring a result under the hammer in order to pursue other financial initiatives. This leaves an outstanding opportunity for just 1 investor to secure a block of units in one of Grafton's most quiet, sought after and highly regarded streets. Please do not perceive this property to be out of your price range based on the return and rarity. Our sellers have a genuine desire to meet the market.

All four units are spread across two levels with mirrored floorplans (please see the floorplan provided). The lower level features an open living/dining space adjoining the kitchen. On this level is also a laundry and second toilet. Internal stairs bring the ground floor and upper level together, with both bedrooms & bathroom being located upstairs. Each unit has access to a single lock-up garage.

All four units are currently tenanted by long term tenants. All four units have recently received a rent increase to $300 a week each.

Notable features include:
- Unit 1: $300 p/w, lease expired 08/2018
- Unit 2: $300 p/w, lease expired 09/2014
- Unit 3: $300 p/w, lease expired 02/2021
- Unit 4: $300 p/w, lease expired 09/2020
- 1,145m2 block
- Solid, low maintenance brick construction
- 4 x 2-bedroom, 1-bathroom units
- 4 x single lock-up garages

Please ensure you are present on auction day. An opportunity like this one may be very hard to find elsewhere for quite some time. Contact Team Jake from Ray White on 0422 260 192 to declare your interest.

*Please note that there are no marketing photos for unit 3*

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.