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2. Property Highlights

NSW Govt Tenanted Building Investment - Expression of Interest

EOI 10th May 2023

  • Leased to Property NSW Government Departments + one vacant office under negotiation
  • Leased till June 2026 + 2-year option
  • Substantial property comprising three quality buildings with a NLA of 3,920sqm approx*
  • Ideal corner and CBD position boasting 2,183sqm of land with 90m dual frontage
  • Short walk to restaurants, cafes, bars, retail shops, Woolworths & Coles anchored shopping centre
  • Grafton: administrative adn commercial hub of the Clarence Valley with LGA population of 53,000
  • New annual income of $905,112 + GST estimated as at 1st July 2023
  • Potentail net income of $1,028,000 subject to leasing vacant office & CPI increase due
  • Low Interest Rate Investment Benefit to the successful Buyer circa 3% to 2026

Make no mistake! This secure Tenanted Investment will be sold on or before the 10th May, 20023!

Agent Joseph Codianni
Real Commercial

Phone: 0400 594 601

Email: joseph@realcommercial.net.au

Remember to mention you found this property on CommercialReady

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3. Property Location

17-19 Prince Street, Grafton NSW 2460

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4. Due Diligence

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17-19 Prince Street, Grafton NSW 2460 Grafton
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