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17-19 Prince Street, Grafton NSW 2460

Grafton

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17-19 Prince Street, Grafton NSW 2460

Properties / Buy / New South Wales / Grafton

Tenanted Investment

Selling Method

EOI

Selling Details

Closing 10th of May 2023

Land Area

3,920 sqm (*approx)

Property Type

Offices, Retail, Other

Sub-type

Office Suites, Mixed Use

Terms

Leased till June 2026 + 2-year option

Est. Income

$905,112 p/a

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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: [email protected]

Remember to mention you found this property on CommercialReady