$620,000

4 Bed  •  2 Bath  •  3 Car  •  632m²

Main view of Homely semi-detached listing, 5 Weiley Avenue, Grafton NSW 2460
Floorplan of Homely semi-detached listing, 5 Weiley Avenue, Grafton NSW 2460
Second view of Homely semi-detached listing, 5 Weiley Avenue, Grafton NSW 2460
+12

Sold

5 Weiley Avenue, Grafton NSW 2460

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$620,000

  • 4
  • 2
  • 3
  • 632m²

Semi-detached Sold on Thu 19 Dec, 2024

What's around Weiley Avenue

Semi-detached description

“ELEVATED BRICK DUPLEX - EXCELLENT INVESTMENT OPPORTUNITY”

Positioned in a sought-after neighborhood, this elevated brick duplex presents an ideal investment opportunity with consistent rental returns and low-maintenance appeal. Constructed with a suspended slab, this property ensures durability and quality, making it a sound addition to any portfolio.

Unit 1 features a modern Laminex kitchen paired with an older, yet well-maintained bathroom. Unit 2 boasts a newly updated bathroom alongside a modern kitchen, delivering a fresh and functional living experience. Both units are in excellent condition and have been home to long-term tenants, offering stability and steady income.

Unit 1 generates $360 per week, and Unit 2 returns $325 per week, offering a combined rental income of $685 per week. These rents are notably conservative, reflecting the outstanding quality of tenants and their long-standing occupancy. This balance of secure returns and tenant stability makes this duplex an ideal hands-off investment.

Beyond the solid financials, the property's low-maintenance design and quality construction make it an attractive and hassle-free investment. Whether you're looking to expand your portfolio or make your first foray into property investment, this duplex is a smart choice.

Land details

Area: 632m²

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5 Weiley Avenue, Grafton NSW 2460
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