Located at 72 Spring Street in the heart of the South Grafton CBD is this multi tenancy investment property set on 506 square metres and with rear lane access.

Downstairs is currently vacant, previously occupied by BSC Industrial who were paying $2498.50 GST Inc per calendar month plus rates.

Upstairs is an extremely flexible residential premises, currently rented for $225 per week and on an expired lease. The residence has 10 rooms - that's right 10!! Everyone will have their own ideas on how they want to use the space but everyone will agree that there is LOTS of space. Not only is it huge but it also benefits from a refurbished kitchen and bathroom.

The property has a current Development Approval from Clarence Valley Council to expand the premises to either increase the size from a single tenant downstairs of perhaps secure a whole new tenancy for the new area. Plans of the DA are available for your perusal.

Suitable for businesses that want to move in or investors that want to enjoy the returns 72 Spring Street should appeal to a wide variety of buyers. Book your inspection today!

Property Code: 460