23 Queen St, Grafton is a 3 bedroom, 1 bathroom House. The property has a land size of 541m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
You will be hard pressed to find a home closer to the central business district of Grafton than this property in Queen Street. In a prominent corner position that boasts B3 Commercial Core zoning, this could be the blue chip investment to have and hold for untapped future commercial gains.
With a land size of approximately 540m2 and the existing residence having minimal setback, there is a beautiful blank canvas at the rear of the property for further improvement.
The home is a comfortable Federation style residence that has stood the test of time and comprises three bedrooms, separate lounge area, sleep out, modern kitchen, enclosed verandah and bathroom. An easterly facing front verandah provides a great space to watch the world go by as well as offering a very attractive entrance.
Obviously any development will require council approval but the zoning certainly sets the imagination running from a commercial point of view. If it's a home you're after, they definitely don't come much more central than this.
Currently tenanted and returning $310 per week, you could easily continue the usage as a residential portfolio interest whilst having the opportunity at a later date to take full advantage of the commercial core zoning and take your investment to the next level.
For further information contact Tyler Marsh on 0487 422 229.
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 6,224 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:
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