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Modified from a large brick home into two separate and self-contained residences, this 2 x 2 bedroom duplex is located at the end of Grafton’s main street handy to the hospital and childcare and has long term tenants in place providing you with an excellent return of $430 per week.
Each flat has 2 bedrooms and comfortable living areas with flat 1 a little larger than the other. Tenants have been in place for years and are keen to negotiate new leases with the eventual purchaser, or could be vacated for anyone looking to move in.
Secure parking is available at the rear courtesy of 2 lock up garage spaces and the yard is another big selling point – 1290 square metres (approx.) of land with no close neighbours to one side. The current owner has had plans drawn to accommodate another duplex on the rear of the block, imagine having 4 incomes all coming from the same property!?
Investors will appreciate the low risk and high returns and also the re-development friendly sized block. Home buyers will appreciate the ability to convert the residence back to a house providing you a large lowset brick home right in the middle of town on a huge block. Don’t be shy – call for more information today!