72-78 Prince Street, GRAFTON
Sold for $2,300,000
   Sold for $2,300,000

High Profile Furniture + Fashion Strong Tenants, Recently Refurbished

* Secure 7 year lease to 2023 (Furniture Court, Beds R Us)
* Renewed 5 year lease to December 2020 (Rockmans)
* Strong Prince Street location with dual street access (Wisemans Way)
* Backs on to main shopping mall with Coles, Woolworths, Target, Big W with substantial free parking
* Substantial 2,230 sqm building
* Furniture Court major nationwide network of 32 outlets
* Rockmans successful chain with 277 stores nationwide
* Grafton: administrative and commercial hub of the Clarence River Valleywith an LGA population of 51,040
* Major infrastructure upgrades (bridge, motorway) underpin economic growth
* 4% and CPI annual rent reviews
* Easily managed, high quality investment
* Net Income: $225,183 pa + GST

Auction 11am Tuesday 16 May 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

INSPECTION

  • By appointment

Floor Plan

Floor Plan #1

Location

72-78 Prince Street, GRAFTON

Agents

MATT DOUGHERTY - COMMERCIAL & INDUSTRIAL AGENT

Matt has over 35 years experience working in the real estate industry in the Clarence Valley. He is a Licensed Real Estate Agent and Auctioneer and holds a Bachelor of Commerce...

MATT DOUGHERTY - COMMERCIAL & INDUSTRIAL AGENT

Matt has over 35 years experience working in the real estate industry in the Clarence Valley. He is a Licensed Real Estate Agent and Auctioneer and holds a Bachelor of Commerce...

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