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36 Prince Street, Grafton, New South Wales 2460

$515,000

Commercial
 

PRIME CBD POSITION

Here is a fabulous opportunity to acquire prime commercial real estate positioning in the main street of Grafton, NSW. The opportunity presents for an existing tenant to acquire their own piece of commercial real estate to avoid paying rent; alternatively it's a great investment proposition.

This historic building was one of the very first stores in our colourful main street and most local people have enjoyed it over the generations as it was a successful newsagency for decades. The position is often passed being central to real estate outlets, banks, clothes stores and even bakeries with parking right at the front door.

Rear access is a convenience via Imesons Lane perfect for deliveries. The rear access also makes way for single car accommodation or additional storage. As you can see from the photos this shop offers an expansive open plan office at ground level being a perfect blank canvas and a plethora of space upstairs. There is a separate office as well as a kitchenette and bathroom.

The premises offers approximately 300m2 of total of usable space with an estimated 200m2 on the ground level and 100m2 on the upper floor accessed via stairs. The property is zoned B3 Commercial Core.

Historically this shop was rented for $38,000 (exc GST) per annum however an updated rental appraisal indicates that $40,000 (exc GST) could be expected.

For further details, to book an inspection or to obtain the contract of sale please contact Karen Gorton at Elders Real Estate, Grafton on 6642 ... or direct 0437 867...

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Type
Commercial
36 Prince Street
Grafton
New South Wales 2460
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