Two Standalone Designer Dwellings in Prestigious CBD Precinct
Preview: Contact Agent for price guide.
102 Victoria Street offers a rare opportunity to secure ownership of a tightly held and highly valuable piece of prestigious Grafton real estate. With two standalone designer improvements in place, an enviable cash flow of $650 per week and the long term capital gains assured by a property of this caliber, this is one of the finest prospects the Grafton market has to offer.
Unit 1, or the cottage, is defined by its striking heritage facade in combination with an immaculate restoration and low maintenance renovated interior. The cottage hosts two bedrooms, and is complimented by high end appliances and finishes. It also benefits from rear wheelchair access. Here there are A1 long term, NGO tenants in place.
Built in 2004, the second property is a low set brick construction and consists of two bedrooms. The high standard set by the first home is mirrored again by this stylish, contemporary design. Bagged brick walls, polished timber floors and more quality, modern furnishings throughout make this a desirable inner city residence. There is another A1 tenant in place here paying $330 per week.
Both dwellings benefit from the off street parking provided by the double lock up garage, with a fire wall separating each unit's respective half, while the second property enjoys walk through access to the interior of the home.
With potential yields as high as 5.8% and quality tenants in place, your investment and long term capital growth is secured indefinitely in this blue chip offering. Our vendor has enjoyed years of positive returns on this Victoria Street address, but is now ready to release it to the market. It is unlikely that an opportunity to purchase a property of this versatility and quality, in a location like this, will present itself again for the foreseeable future.
For further details, or to arrange an inspection contact Martin Pearce on 0428 422 723.
- By appointment
- Air Conditioning
- Built In Robes
- Polished Floorboards
Floor Plan #1
102 Victoria Street, GRAFTON