1-4/124 Turf Street

Off Market

1-4/124 Turf Street

Grafton NSW 2460

741 m²

Block of units

Last sold for $820,000

Jake Kroehnert, last sold this property on 26 August 2025 after 26 days on market.

Overview

SOLID BRICK WITH HIGH RETURNS - SELLING

Auction Details: Wednesday 27th August 6:00pm Grafton District Services Club *Building & Pest Inspection Reports Available Upon Request* *Information Memorandum Available Upon Request* Unlock a fantastic investment opportunity with this block of four well-maintained brick units, each featuring two comfortable bedrooms and one bathroom. Perfectly positioned on a generous 741m2 (approx.) block, this property offers strong returns with a combined rent return of $1,250 and room for growth in a prime location. Instructions are clear - we are selling. The block is simple yet practical with its layout. Two units are located on the upper level and two on the ground floor, catering to different tenant preferences. The property has a history of little to no vacant time, a testament to not only the strength of the rental market in our region, but the property in its entirety. The position, in a highly regarded location within the Grafton township is yet another feature that sets this property aside from the competition. Vehicle access to the backyard and a carport ensuring undercover parking for each unit finishes off the package. Please refer to the floor-plan provided for an understanding of the layout. Notable features include; - 741m2 block - Highly regarded position - Four units providing four income streams - Combined rent return of $1,250 p/w - Combined rental appraisal of $1,280 p/w - Car park allocated to each - Strong history of little to no vacant time Tenancy Details; - Unit 1: $300 per week, Lease End: 27/02/2025 - Unit 2: $350 per week, Lease End: 14/07/2025 - Unit 3: $300 per week, Lease End: 25/03/2026 - Unit 4: $300 per week, Lease End: 10/06/2024 Brick unit blocks in Grafton are sought after and rarely offered to the marketplace. Selling with assurance, this is one all investors will want to take part in. Contact the Jake Kroehnert team 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. 3D VIRTUAL TOURS Unit 1 https://my.matterport.com/show/?m=a7Kov7E5irp Unit 2 https://my.matterport.com/show/?m=o4pX3rRUyow Unit 3 & 4 https://my.matterport.com/show/?m=8DEuDP71mrG

Features

8 bedrooms

4 bathrooms

4 carspaces

4 carport spaces

741 m² lot size

Block of units

Estimated Value

We need at least 3 similar 8 bedroom block of units sold in Grafton over the last 12 months.

Property history for 1-4/124 Turf Street

2025

Sold

$820,000

Auction Sale on 26 Aug 2025 by Jake Kroehnert, of Ray White Grafton

Happy sellers in Grafton

94%

94% of sellers in Grafton reported that their sale price either exceeded or met their price expectations.

Grafton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Grafton over the last 12 months.

Local market activity for 8 bedroom block of units in Grafton

In the last 12 months, 1 eight-bedroom block of units similar to 1-4/124 Turf Street, have been sold.

This represents a 100% decrease in eight-bedroom block of units sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Grafton for a free market appraisal.

Jody Culling

at Culling Property Group

4.9

(179 reviews)

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Jake Kroehnert

at Ray White TKG

4.9

(69 reviews)

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John Cameron

at Ray White TKG

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DAVE DART

at Ray White Grafton

(30 reviews)

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Jody Culling

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