241 Prince StreetGrafton NSW 2460
Property Details for 241 Prince St, Grafton
241 Prince St, Grafton is a 1 bedroom, 1 bathroom House. The property has a land size of 546m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 1 bedroom House sold in Grafton in the last 12 months.
Last Listing description (September 2025)
Located in Grafton's main street, this historic brick cottage offers a rare chance to secure a development opportunity in the centre of town.
The original cottage is essentially a shell—stripped back and ready for someone with vision to complete the transformation. The floor has been removed as part of an earlier renovation attempt, leaving you with the freedom to reimagine the space from the ground up. There is a toilet in place with a connection to mains sewer.
The level block behind the home is cleared and offers excellent scope for development. The current owner had plans to construct a new residence at the rear of the property, while converting the existing cottage into a shopfront for a home business or a self-contained granny flat to generate income either as a rental property or AirBnB (STCA of course). Obviously a new owner may prefer just to renovate the existing structure.
This is not a project for the faint-hearted—there's plenty of work ahead—but the potential rewards are just as significant. With a realistic and motivated vendor, this could be your chance to secure a central address and add genuine value with a smart, considered redevelopment.
Whether you're an experienced renovator, investor or someone looking to create a unique live/work setup, opportunities like this are few and far between. The owner has instructed us to get this one sold at or before Auction. Reach out and register your interest ASAP.
Property History for 241 Prince St, Grafton, NSW 2460
- 01 Sep 2025Sold for $170,000
- 31 Jul 2025Listed for Sale FOR SALE
- 16 Nov 2011Sold for $90,000
Recent sales nearby
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0About 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 6,213 properties. Over the last 5 years, Houses in Grafton have seen a 54.85% increase in median value, while Units have seen a 47.93% increase. As at 30 November 2025:
- The median value for Houses in Grafton is $503,487 while the median value for Units is $400,577.
- Houses have a median rent of $520 while Units have a median rent of $440.
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