Phone enquiries - please quote property ID 18503
This is a rare opportunity to purchase one or two commercial properties in a fantastic location offering main road exposure right near the local Picture Theatre and Harvey Norman.
ABSOLUTELY HUGE POTENTIAL FOR DEVELOPMENT:-
The buildings could be demolished and replaced with a single shop, 11000 + square metres in size.
Above a new shop, 2 stories of units could be built. Approximately 10 * 3 bedroom units (as an example). Any building permits would need to be obtained by council, but it is prime commercial land.
Keeping the original buildings, there is room to built a 250 sq mtr building at the rear of 107-109 Prince Street building.
Land Use 1: General Commercial
Total of 1100m2 of land.
Please note that there are 3 existing tenants in each building.
* 105 Prince Street Front shop $500.00 per week - Rented
* 105 Prince Street Rear building $175.00 per week - Rented
* Above 105 Prince Street 2 bedroom unit $260.00 per week - Rented
* 107 Prince Street $250.00 per week - Rented
* 109 Prince Street $200.00 per week - Rented
* Unit rear of 109 Prince Street $320.00 per week - Rented
The front of the shops are in the Main Street of Grafton CBD. The rear of the shops has access through a large car park that also houses the library. On the railway side of 109 Prince Street is a 5 mtr strip leased from State Rail.
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.