16-20 King Street, GRAFTON
Sold for $2,600,000
   Sold for $2,600,000

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

INSPECTION

  • By appointment

Floor Plan

Floor Plan #1

Location

16-20 King 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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