20 Weiley Avenue, Grafton NSW 2460

Centrally located duplex's are always in high demand in the Grafton market. Their ability to offer high rates of return along with capital appreciation makes them sought after by savvy investors.

Both sides of this duplex offer similar layouts upstairs but differences downstairs. Unit 1 offers a second living area/rumpus and a single garage downstairs with Unit 2 having two garage spaces instead. Both are in different condition internally, Unit 1 is certainly the more renovated unit with Unit 2 being in mostly original condition - these differences are reflected in the current rental returns.

Currently owned by the same owner, Unit 1 & 2/20 Weiley Avenue are actually strata titled, meaning a new owner could investigate the options of selling each unit individually, its at least a great backup plan to be able to sell one off if needed.

Unit 1 - $275 per week
Unit 2 - $230 per week
Total - $505 per week

Rates: $2,600 per lot
Total: $5,200 per year

The current owners have left the tenants on expired leases to increase flexibility for buyers, however both tenants are keen to discuss new leases with the new landlord when the time comes.

Being offered for genuine sale the current owners have other plans they want to move forward with so this investment is superfluous to their needs.