10 Graves Pl, Griffith is a 6 bedroom, 3 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 611m2 and floor size of 241m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
A modern, fully tenanted dual occupancy offering two established income streams, no strata or body corporate fees, and immediate rental return from day one.
Built in 2022 and positioned on a generous 611sqm allotment, this quality investment property presents an excellent opportunity for investors seeking a low-maintenance, income-producing asset in the growing regional hub of Griffith.
Offering one 4-bedroom dwelling and one 2-bedroom dwelling, the property provides a practical dual-income setup with strong rental appeal and future flexibility. With both dwellings already leased, investors can secure a completed modern asset without the cost, time, uncertainty, or vacancy risk associated with building from scratch.
Unlike many dual-income properties, this asset has no strata or body corporate fees, helping preserve rental return and simplify ongoing ownership.
Dwelling Configuration
Unit 1/10
4 bedrooms, 2 bathrooms and 1 lock-up garage. Currently leased at $530 per week.
Unit 2/10
2 bedrooms, 1 bathroom and 1 lock-up garage. Currently leased at $400 per week, increasing to $420 per week from August 2026.
The property is currently returning $48,360 per annum, increasing to $49,400 per annum from August 2026.
Investor Appeal
With two separate income streams, established tenancies, modern construction and no strata or body corporate fees, this property offers a simple and attractive investment proposition. Buyers can enjoy income from settlement while securing a near-new asset in a region supported by agriculture, logistics, food production, health, education and essential services.
With construction costs remaining high, this completed 2022-built dual occupancy provides a strong alternative to building new, allowing investors to avoid builder delays, cost overruns and holding costs during construction.
Griffith continues to strengthen its role as a major service and employment hub within the Riverina, supporting ongoing demand for quality rental accommodation. Positioned close to local amenities, schools, transport links and essential services, this property is well suited to investors seeking both immediate income and long-term growth potential.
Key Features
Built in 2022
Set on a 611sqm allotment
One 4-bedroom dwelling plus one 2-bedroom dwelling
Current rental return of $48,360 per annum
Increasing to $49,400 per annum from August 2026
Fully tenanted with established rental history
Two separate income streams from one quality asset
No strata or body corporate fees
Brick veneer construction
North-facing property
Gas cooktops
Gas bayonet
Split-system heating and cooling
Built-in wardrobes to bedrooms
Lock-up garage for each dwelling
Future flexibility to occupy one dwelling and rent the other, subject to existing lease arrangements
Zoning: R1 General Residential
Building and pest reports are available upon request.
A completed, income-producing dual occupancy of this nature is a rare opportunity for investors seeking immediate cash flow, low-maintenance ownership and long-term regional growth.
The size of Griffith is approximately 52.0 square kilometres. There are 78 parks, covering nearly 13.9% of the total area. The population of Griffith in 2016 was 18196 people. By 2021 the population was 19505 showing a population growth of 7.2% in the area during that time. The predominant age group in Griffith is 30-39 years. Households in Griffith are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Griffith work in a labourer occupation.In 2021, 58.00% of the homes in Griffith were owner-occupied compared with 58.90% in 2016.
Griffith has 10,082 properties. Over the last 5 years, Houses in Griffith have seen a 50.45% increase in median value, while Units have seen a 36.28% increase. As at 30 June 2026:
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