5/55-61 Prince StreetGrafton NSW 2460
Property Details for 5/55-61 Prince St, Grafton
5/55-61 Prince St, Grafton is a 0 bedroom, 0 bathroom Unit and was built in 1990. The property has a land size of 858m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in June 2020.
Last Listing description (December 2019)
The perfect fit to any portfolio or maybe a great opportunity to begin your commercial investment portfolio. Located in the heart of Grafton with the most foot traffic sits 5/55-61 Prince Street, Grafton.
Currently home to a long time business being the Hope Chest Grafton. The owner of this business more than happy to talk about entering into a new lease agreement.
This space is zoned B3 Commercial Core to allow plenty of options for the new owner and gross rent is currently $18,200 PA thus offering just under 8% gross return.
So if you have money to invest, look real hard at this commercial opportunity ... it's way better than money in the bank!
Property History for 5/55-61 Prince St, Grafton, NSW 2460
- 23 Jun 2020Sold for $180,000
- 22 Jul 2019Listed for Sale $228,000
- 03 Apr 2015Listed for Rent $20,800 / year
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 6,232 properties. Over the last 5 years, Houses in Grafton have seen a 38.56% increase in median value, while Units have seen a 32.20% increase. As at 30 June 2026:
- The median value for Houses in Grafton is $522,868 while the median value for Units is $411,963.
- Houses have a median rent of $550 while Units have a median rent of $450.
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