3 & 4/44 Alice Street, Grafton NSW 2460

Rarely do we come across an opportunity like this. A three bedroom, brick and tile unit which sits upon a block that can be developed. The development proposed is four, three bedroom single storey units with courtyards. All plans and dimensions are provided within the contract of sale.

The location is perfectly situated between See Park, Grafton Swimming Pool and Village Green Hotel, and in close proximity to the Grafton CBD. Unit 3 is currently rented for $280 per week and is in place till the 17th June 2021.

While you get the development started you can rest in the knowledge that you are receiving an income at the same time. Alice Street is a tightly held, sort after location and the new owners of this property will be able to enjoy the increasing market value currently being experienced in the Clarence Valley knowing full well that they will be able to value add as time goes on.

Please take the time to inspect, as this property will go quick!