Back 48 Bush Drive
Off Market

48 Bush Drive

South Grafton NSW 2460

5
3
2
701 m²
House
Last sold for $367,500
Jack FordhamJack Fordham, last sold this property on 21 June 2017 after 27 days on market.

Overview

Perfect Investment Opportunity Awaits!!

We bring to you 48 & 48b Bush Drive. Situated in South Grafton, this property offers the opportunity to earn dual income under the one dwelling. The upstairs unit consists of three bedrooms which are all carpeted with ceiling fans and built in robes. The master includes a walk-in robe and an ensuite with a second bathroom being located close to the remaining bedrooms. The modern kitchen features stone benchtops with tiled splashback and flows seamlessly into the open plan living and dining. From here the rear balcony opens offering a sunlit retreat. This unit currently provides a rental return of $300/week on a periodic lease. 48B is accessed from the rear of the property and occupies the lower section of this split-level property. This unit features 2 equally sized carpeted bedrooms which both include built-ins and ceiling fans. The entrance leads to a surprisingly spacious combined kitchen, dining and living space with the bedrooms and bathroom accessed off this main space. Rental return for this unit is currently $190/week on a 3-month lease bringing the combined return to a total of $490/week. With such a low maintenance property & both tenants in place all you will need to do is sit back and reap the benefits.

Features

5 bedrooms
3 bathrooms
2 carspaces
701 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in South Grafton over the last 12 months, the estimated median property value of 48 Bush Drive is $598.75k.

Median value
$598.75k
Estimated value range
$565k - $750k
Median days on market
22
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Grafton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 48 Bush Drive

2020
Rented
Undisclosed
Leased on 31 Jul 2020 by Ray White Grafton
2020
Rented
Undisclosed
Leased on 17 Jan 2020 by Ray White Grafton
2017
Sold
$367,500
Auction Sale on 21 Jun 2017 by Jack Fordham, of Ray White Grafton

Happy sellers in South Grafton

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

South 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 South Grafton over the last 12 months.

Local market activity for 5 bedroom houses in South Grafton

In the last 12 months, 4 five-bedroom houses similar to 48 Bush Drive, have been sold.

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