72A/72B Queen StreetGrafton NSW 2460
Property Details for 72a/72b Queen St, Grafton
72a/72b Queen St, Grafton is a 2 bedroom, 2 bathroom House. The property has a land size of 691m2.
Last Listing description (January 2024)
Auction Details:
Wednesday 6th December 5.00pm
Grafton District Services Club
*Building & Pest Inspection Reports Available Upon Request*
72A & 72B Queen Street, Grafton presents an outstanding opportunity for 1 lucky investor to secure a duplex in the heart of Grafton. Please do not perceive this property to be out of your price range based on the return and rarity. This is an auction not to miss.
Each unit is well-appointed with one bedroom, one bathroom, a comfortable living space and laundry. 72b Queen Street is currently leased until February 2024 at a market rent of $310 per week, offering immediate return on your investment. 72a Queen Street, on the other hand, is currently vacant, but comes with a rental appraisal of $300 per week, promising potential future income.
One of the key features of this property is its prime location. Both units are within walking distance to Grafton's CBD, making it an attractive spot for renters seeking convenience and accessibility.
The property comes with a generous outdoor space featuring rear lane access from Little Bacon Street as well as an additional frontage to a gazetted lane. This offers the possibility for further development, such as additional sheds or units (STCA).
Notable features include:
- 691m2 block (approx)
- 2 x 1-bedroom, 1-bathroom units
- Walking distance to CBD
- Rear lane access & gazetted road access
- Development potential (STCA)
- 72A rental appraisal - $300 per week
- 72B rental appraisal - $310 per week (current rent)
In summary, 72a and 72b Queen Street offer an excellent investment opportunity with current and potential income, prime location, and room for further development. Don't miss out on this rare opportunity as it will be sold upon the fall of the hammer on the 6th of December. Contact Jake Kroehnert & Tayla Lavender 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 72a/72b Queen St, Grafton, NSW 2460
- 16 Nov 2023Listed for Sale AUCTION
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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 6,229 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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