Watch Watch

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


Remember to mention you found this property on CommercialReady

Read More

3. Property Location

17-19 Prince Street, Grafton NSW 2460

Property Map
Show properties in the area

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into CommercialReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
17-19 Prince Street, Grafton NSW 2460 Grafton
calculator-icon Yield Calculator
calcultor-icon Yield Calculator