This 682 square metre property in the city centre boasts frontages to Queen & Little Bacon Streets making it a prime redevelopment site (STCA). At present it is home to a large old home that has been split into a 2 bedroom flat returning $175 per week and a 1 bedroom flat returning $140 - A total of $315 per week total income! That's a 7.2% gross return on outlay at the asking price!

Located opposite Grafton Primary School, the property is 2 blocks from Grafton High School, 350 metres from Grafton Coles and 800 metres walk from Grafton Shoppingworld. This proximity to shops and services means tenants are never in short supply.

Call McKimm's Real Estate to inspect today on 6642 1811.