AUCTION - IF NOT SOLD PRIOR

10 Bed  •  4 Bath  •  4 Car  •  1369m²

Main view of Homely block of units listing, 1-4/165 Cambridge Street, South Grafton NSW 2460
Floorplan of Homely block of units listing, 1-4/165 Cambridge Street, South Grafton NSW 2460
Second view of Homely block of units listing, 1-4/165 Cambridge Street, South Grafton NSW 2460
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1-4/165 Cambridge Street, South Grafton NSW 2460

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AUCTION - IF NOT SOLD PRIOR

  • 10
  • 4
  • 4
  • 1369m²

Block of Units for sale4 days on Homely

Next inspection:Sat 2 Aug 10:30am

Auction date:Wed 27 Aug 6:00pm

What's around Cambridge Street

Block of Units description

“FOUR UNIT COMPLEX SELLING UNDER THE HAMMER”

Auction Details:
Wednesday 27th August 6:00pm
Grafton District Services Club

*Building & Pest Inspection Reports Available Upon Request*

Presented to the marketplace here is one of the easiest investment opportunities in recent years. This four unit complex provides a current total return of $1,650 per week, making this a simple decision for every investor in the market. Instructions are clear - we are selling.

The complex comprises two modern, three bedroom ground floor units, which completed construction in early 2021, a third ground floor, two bedroom unit and a first floor two bedroom unit. Each unit also is allocated a single undercover car space. The position is within walking distance to schools, sporting fields and the main street of South Grafton, all points that are sure to represent safe investing and strong capital growth.
Notable features include;
- 1,369m2 block
- Four units providing four income streams
- Combined rent return of $1,650 p/w
- Combined rental appraisal of $1,700 p/w
- Car park allocated to each
- Strong history of little to no vacant time
- 5% deposit available upon request
- Ideal for SMSF
- Depreciation schedule available upon request

Tenancy Details;
- 165A Cambridge Street: $360 per week, Current lease: 12/12/2024 - 11/06/2025
- 165b Cambridge Street: $400 per week, Current lease: 11/07/2024 - 09/07/2025
- 3/165 Cambridge Street: $440 per week, Current lease: 09/01/2025 - 07/01/2026
- 4/165 Cambridge Street: $450 per week, Current lease: 18/07/2025 - 15/01/2026

Offered to the market under motivated circumstances, this is an auction not to miss. Contact the Jake Kroehnert team on 0422 260 192 to declare your interest and to book your inspection.

Disclaimer: All information disclosed herein has been provided from sources we believe to be reliable however we cannot guarantee its accuracy. It is respectfully advised that interested parties carry out their own due diligence.

3D VIRTUAL TOUR LINKS (COPY & PASTE INTO GOOGLE)

Unit 165a
https://my.matterport.com/show/?m=1yquhUBKqP9

Unit 165b
https://my.matterport.com/show/?m=VwBsb3sYbn6

Unit 3
https://my.matterport.com/show/?m=Sjm2kiiMsCJ

Unit 4
https://my.matterport.com/show/?m=ZoJbi1RyiYd

Land details

Area: 1369m²

Interactive media & resources

Auction time

Wednesday
27 Aug 6:00 PM

Inspection times

Saturday
2 Aug 10:30 AM
Thursday
7 Aug 4:30 PM
Saturday
9 Aug 10:30 AM
Thursday
14 Aug 4:30 PM
Saturday
16 Aug 10:30 AM
Thursday
21 Aug 4:30 PM
Saturday
23 Aug 10:30 AM
Tuesday
26 Aug 4:30 PM
Contact the agent
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1-4/165 Cambridge Street, South Grafton NSW 2460
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