566 Summerland WayGrafton NSW 2460
Property Details for 566 Summerland Way, Grafton
566 Summerland Way, Grafton is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 59650m2 and floor size of 269m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (September 2021)
**UPDATE. Due to the current state wide COVID lockdown, the new auction date is Saturday 25th September, 12 Noon in rooms at Dougherty Property, 15 Prince Street Grafton.**
Situated only 3.5km's from Grafton's CBD, this 5.96 hectare property could be the blue chip development site that you have been waiting for.
This is one of those rare opportunities to secure a prime piece of land so close to town, with endless possibilities. Add to your property portfolio, landbank in your SMSF, or explore re-zoning and further development opportunities (STCA), the choice is yours.
Build your dream home or renovate the existing substantial large brick and tile home, boasting five bedrooms plus study/office, three bathrooms, two spacious living rooms, double lock up garage, a very functional original kitchen including walk-in pantry, plus three generous outdoor patio areas and a separate brick and tile studio just a short distance from the main dwelling. The home is currently tenanted, returning $550pw, and has endless potential to put your own homely touches.
The property reflects tremendous value, whether you call it home, make it an investment or explore the future opportunities of this undeveloped land. Almost 15 acres on the fringe of the city between two different but highly valuable assets of alternative usage.
Take this property down the correct pathway and you could set yourself up financially for generations.
Auction Date: Saturday 25th September 2021
Auction Time: 12 noon
Venue: Dougherty Property, 15 Prince Street Grafton NSW 2460
Contact Tyler Marsh on 0487 422 229 to declare your interest.
Disclaimer: Whilst all information as described is from sources we believe to be reliable and accurate, we cannot guarantee its accuracy. Interested parties are strongly advised to carry out their own due diligence and make independent enquiries with Clarence Valley Council regarding any prospective development aspirations.
Property History for 566 Summerland Way, Grafton, NSW 2460
- 25 Sep 2021Sold for $2,035,000
- 26 Jul 2021Listed for Sale AUCTION
- 26 Jan 2020Listed for Sale $2,000,000
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 6,225 properties. Over the last 5 years, Houses in Grafton have seen a 44.56% increase in median value, while Units have seen a 31.32% increase. As at 31 May 2026:
- The median value for Houses in Grafton is $524,533 while the median value for Units is $402,711.
- Houses have a median rent of $530 while Units have a median rent of $450.
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