3/205A Prince StreetGrafton NSW 2460
Property Details for 3/205a Prince St, Grafton
3/205a Prince St, Grafton is a 6 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 498m2 and floor size of 104m2.
Last Listing description (August 2026)
*Building & Pest Inspection Reports Available Upon Request*
Located in the heart of Grafton's CBD, 205A Prince Street presents a rare opportunity to secure a property offering three potential streams of income. This unique and versatile holding includes one commercial shopfront along with two fully renovated residential units, allowing for multiple possibilities to suit a variety of buyers. High returns and premier position - now is the time to make your offer.
You may choose to rent the shopfront and both units for a strong rental return, operate your own business in the shopfront while living in one of the units, or mix and match to suit your needs. The flexibility this property offers is truly exceptional and seldom found in such a sought-after location. With outstanding exposure to Grafton's Main Street, this is a premium location for any business.
The shopfront features a spacious and welcoming open-plan layout complete with a kitchenette, powder room, and air conditioning for year-round comfort. Its prime street exposure makes it ideal for retail, consulting, or professional services. The space could also be converted to a studio apartment (STCA) depending on the new owner's requirements.
Unit 1 consists of three bedrooms, with two including built-in robes. There is also a main bathroom, separate laundry, and an open-plan kitchen, dining, and living area that creates a comfortable and modern space. The unit includes air conditioning in the lounge room, a single carport, and a fully fenced yard.
Unit 2 also offers three bedrooms, all with built-in robes, and the master featuring an ensuite, along with a spacious bathroom, laundry, and open-plan kitchen, dining, and living area. Like Unit 1, it includes air conditioning in the lounge room, a single carport, and a separately fenced yard. Both units are fully renovated and currently Unit 2 is tenanted, providing immediate rental income for the new owner. Please refer to the floor-plan provided for an understanding of the layout.
Set in a central CBD location, this property offers convenience, exposure, and the chance to secure a high-performing investment or a flexible live-and-work arrangement. Opportunities like this simply do not come around often.
Notable features include:
- CBD location
- Shop front
- Unit 1 - 3 bed, 1 bath
- Unit 2 - 3 bed, 2 bath
- 2 x carports
- 3 x air conditioners
- 2 x garden sheds
Tenancy details:
- Unit 1: $460 per week - Lease End: 18/04/2027
- Unit 2: $480 per week, Lease End: 29/09/2026
- SHOP FRONT: $300 - $350/week - Vacant
205A Prince Street, Grafton, is an exceptional offering combining location, lifestyle, and income potential all in one. This is an opportunity you won't want to miss. Contact The Jake Kroehnert Team from Ray White TKG 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.
Property History for 3/205a Prince St, Grafton, NSW 2460
- 06 Mar 2026Listed for Sale SALE
Recent sales nearby
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0About Grafton 2460
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 6,233 properties. Over the last 5 years, Houses in Grafton have seen a 41.55% increase in median value, while Units have seen a 30.37% increase. As at 31 July 2026:
- The median value for Houses in Grafton is $530,198 while the median value for Units is $416,853.
- Houses have a median rent of $550 while Units have a median rent of $450.
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