Share this property

realcommercial.com.au

16-20 King Street Grafton, NSW 2460

Directions

16-20 King Street,
Grafton, NSW 2460

Offices

Price information

Sold

$2,600,000

Key property information

Land area

Floor area

Sold on

Map of 16-20 King Street

Directions

HIGHLY SOUGHT INVESTMENT PROPERTY

* Secure 5 x 5 x 5 year lease to Government Property NSW (Dept of Fair Trading Rental Bond Board)
with 3% annual rent reviews
* Secure 3 x 2 x 2 year lease to Federal Government funded employment and training organisation ETC
(Enterprise Training Company) with 4% annual rent reviews
* Strong location with dual street access surrounded by other government agencies, medical & professional suites
* Opposite Grafton Food Emporium (Coles, Liquorland and 12 more specialty stores)
* Combined net lettable area of 718 sq metres
* Site area of approx. 1100 sq metres
* Additional income potential from ancillary buildings at rear
* Grafton: one of the fastest growing regional economies of NSW underpinned by major infrastructure works
* Grafton: administrative and commercial hub of the Clarence Valley with an LGA population of approx. 52,000
* Easily managed high quality investment
* Net Income: $ 204,398

Auction: Tuesday 27th June 2017, 11am
Doltone House, 181 Elizabeth St Sydney
Agents: Matt Dougherty, Ford & Dougherty Property Grafton, 0408 664 704
Michael Gilbert, Burgess Rawson Sydney, 0430 024 790

Property ID: 502420110Last Updated: 28 Jun 2017

02 6642 27...
realcommercial.com.au logo
16-20 King Street
Grafton, NSW 2460
Dougherty Property - GRAFTON
15 Prince Street
GRAFTON, NSW 2460
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.