105-109 Prince Street, Grafton, NSW 2460

Retail

For Sale 105 Prince St $550.00 107-109 Prince St. $490.00

  • Property ID: 265469
  • Floor Area: 1100m²
  • Land Area: 1100m²
  • Occupancy: Vacant
  • NBN Availability: Build Commenced
  • Cafes: 7 nearby
1 COMMERCIAL PROPERTY WITH TENANTS plus DEVELOPMENT POTENTIAL

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
Zoning: Business

Total of 1100m2 of land.

Please note that there are 3 existing tenants in each building.

* RENTAL:
* 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.

Grafton Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $1550 $211 13.63%
Retail $1550 $190 12.25%
Industrial --- $100 ---
This is the average advertised price, rent and yield for Grafton, NSW 2460*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 105-109 Prince Street, Grafton, NSW 2460. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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