What Fantastic Exposure... Opportunity
Located on Bent St , South Grafton we are fortunate to offer this 3 lot parcel with (approx) 1815 sq mtrs... allowing many varied development opportunities. With a rental return (when fully tenanted) of between 6.5%- 6.8% what a great return while you work out the best use for the land.
Whether you are looking for passing traffic, general location or just plain convenience, you will be hard pressed to beat this. The ability to re-develop in stages or one big project (stca), the choice is yours. Possible opportunity to obtain the adjoining lot which just adds even more value to this parcel of land. For further info or just a chat, call now!
Property 1 - Dual dwellings. Separately leased for $250 and $265 per week
Property 2 - Leased for $280 per week.
Property 3 - Commercial lease for $500 per week approx.