$590,000

4 Bed  •  2 Bath  •  2 Car  •  538m²

Main view of Homely semi-detached listing, 1 & 2/19 Weiley Avenue, Grafton NSW 2460
Second view of Homely semi-detached listing, 1 & 2/19 Weiley Avenue, Grafton NSW 2460
Third view of Homely semi-detached listing, 1 & 2/19 Weiley Avenue, Grafton NSW 2460
+16

Sold

1 & 2/19 Weiley Avenue, Grafton NSW 2460

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$590,000

  • 4
  • 2
  • 2
  • 538m²

Semi-detached Sold on Tue 11 Oct, 2022

What's around Weiley Avenue

Semi-detached description

“Potential gross income of over $36,000”

Looking for an investment that you can set and forget! In a highly sought after location for tenants just a 2 minute drive to Grafton's CBD, 19 Weiley Avenue is the duplex for you. An absolute must see for any investor starting out or if you're looking to add to your portfolio.

Costs and returns, let us help with the math. Units 1 & 2 are both currently leased by long term tenants, Unit 1 currently rented for $250 per week and Unit 2 for $280 per week, combined that's a gross income of $27,560 per annum! A recent rental appraisal estimates a rental return of $350 each in this current market netting the 2 units a gross income of $700 per week at market value. This equates to $36,400 gross income per annum!

Rates stand at approximately $4650 per annum.

The upper level of both units consist of two bedrooms, one bathroom and kitchen. The smart layouts allow privacy to the bedrooms and an easy flow for comfort to the kitchens adjoining the living and dining areas. Each unit includes a massive rumpus room downstairs which can easily be used as a teenage retreat, second living area or extra storage.
The building itself is constructed of brick with a one bay lock up garage each.

Our Sellers are looking to liquidate some assets, so be sure to check out these quality units on offer and add them to your investment portfolio.

Do not delay declaring your interest in this property contact Benny Holder on 0411 132 517

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Council rates

$4650 Yearly

Land details

Area: 538m²
Fourth view of Homely semi-detached listing, 1 & 2/19 Weiley Avenue, Grafton NSW 2460View more
Fifth view of Homely semi-detached listing, 1 & 2/19 Weiley Avenue, Grafton NSW 2460View more

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1 & 2/19 Weiley Avenue, Grafton NSW 2460
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