Back 1, 2 & 3/205A Prince Street
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1, 2 & 3/205A Prince Street

Grafton NSW 2460

6
3
2
498 m²
Block of units
Currently for sale - view listing

Overview

PRIME CBD INVESTMENT OPPORTUNITY

*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 - Vacant - 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.

Features

6 bedrooms
3 bathrooms
2 carspaces
2 carport spaces
498 m² lot size
Block of units

Property history for 1, 2 & 3/205A Prince Street

2022
Sold
$750,000
15 Feb 2022 by Ben Hottes, of Ray White Grafton

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Local market activity for 6 bedroom block of units in Grafton

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