Other than being a superb investment opportunity, with forecast returns of over 6.7% p.a. and high quality tenants in place, this property is also a property trifecta - which means it's 1. Central 2. Renovated, and, 3. Affordable!

[See a property journal's take on this property at:]

http://www.propertyobserver.com.au/auctions/friday-form-guide-yields-of-up-to-68-in-grafton/2012090656438

CENTRAL:

Located right in the centre of town, close to so much, consider how easy living here will be for you or your tenants:

Grafton primary and high schools: one block,
Nearest two medical centres: one and a half blocks and two blocks
Nearest dentist: two blocks,
Nearest shopping centre: two blocks,
Nearest pub: one and a half blocks,
Nearest restaurant: two and a half blocks,
Grafton's main street: two and a half blocks
Grafton Shoppingworld: three blocks

This address means that within just three city blocks you have access to most of the shopping, medical, social and educational needs that families of all ages can require!

RENOVATED:

49 Mary Street was purchased by its current owner as a run down renter but after plenty of hard work is now a stylishly upgraded family home with modern kitchen, restyled bathroom, new paint, carpet, window furnishings and more.

The current high quality tenants just love it, indeed they have indicated that when their lease is up in a month or so, they would be more than happy to sign a new one should the purchasers wish.

AFFORDABLE:

Consider that vacant blocks of land in Grafton with similar dimensions to this one (49 Mary Street is 813 square metres) have achieved prices of around $180 000 - $190 000 in the last 2 years. Then consider this: 49 Mary Street has a price estimate of around $200 000, and unlike a vacant block of land, it is able to be lived in, or can return you $260 per week right away (the weekly rental under its current lease) which equates to over a 6.7% annual return.

So contact agent Angus McKimm right away (0438 425 176 or angus@mckimms.com.au) to arrange your inspection. Because with a winning combination like this, The Trifecta is set to jump into a new purchasers hands very soon!

AUCTION: 11AM ONSITE SAT 6 OCTOBER
LAND SIZE: 813 SQM
RENTAL VALUE: CURRENTLY RETURNS $260 PW
ANNUAL RATES: $2522

ULTRA CENTRAL
RECENTLY RENOVATED
EXCELLENT RETURNS FOR INVESTORS
PRICE EXPECTATIONS - MUCH LESS THAN YOU'D THINK!