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2 bedroom property for sale

£790,154

Australia - 183-185 Prince Street, GRAFTON 2460

like this property?

Call: 0061 2 6641 4000

Key features:

  • Balcony
  • Built-In-Robes
  • Close to schools
  • Close to Transport
  • Furnished
  • Landscaped Gardens
  • Lounge
  • Verandah

Full description:

$1,500,000
This is the only true serviced apartment complex in Grafton. Comprising 8 x 2 bedroom units and 2 x 3 bedroom units in the centre of the city. Appropriately named 'City Centre Apartments' they enjoy exceptional patronage catering for both long and short term stays. The main markets the apartments attract are long term contractors from outside town, families staying over weekends, sporting groups and visitors to the numerous festival events held in Grafton each year. All aprtments are air-condtioned and are cleaned and serviced by the owners and a local contract cleaner when required. Most have been totally refurbished in recent years. Gross income for the past two financial years has been in the $150,000 - $160,000 range. Total land area of the complex is 1440 square metres and they are located across the road from Fisher Park - a major Grafton sporting and recreation centre on the edge of the CBD and the Grafton City Tennis Court complex. There are several options available as we head in to the future making this a very versatile business and investment proposition. You could strata each apartment and sell off individually, rent them to permanent tenants, or, continue to operate the complex as a lucrative serviced apartment business. They take little effort to run and would ideally suit a couple looking for a semi retirement business with strong cash flow.

This pin shows the general area of the property as the exact location was not given

To view this property or request more details, contact
LJ Hooker Corporation Limited, LJ Hooker Grafton

14 Prince Street, Grafton, NSW 2460
0061 2 6641 4000

Disclaimer

This is a property advertisement provided and maintained by LJ Hooker Corporation Limited, LJ Hooker Grafton (reference 100829_8M4F63) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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