45-49 Prince Street Grafton NSW 2460

Auction Details:
Saturday 4th February - 2:00pm
Grafton District Services Club

*Building & Pest Inspection Reports Available Upon Request*

For the first time in history, one of Grafton's most recognised and iconic commercial buildings is set to welcome new owners upon the fall of the hammer. There is no premises that matches when considering size location, size, and income possibilities. Please do not miss your chance here, as you may never find another that compares. New owners are set to be welcomed upon the fall of the hammer on the 4th of February 2023.

Formerly known locally as the 'Mackellys' department store, here lies a piece of Grafton's history that can be experienced throughout the walk-through. With a floor area of approximately 1,228 square meters and the ability to hold three separate tenants, you will not find a better investment prospect, currently returning $175,000 pa.

The lower level boasts a showroom floor of approximately 31.9m x 19.2m. An additional room at the rear is currently used for storage, with internal stairs leading to another large storage space with kitchenette & 4 x toilet stalls. Accessible via stairs on Prince Street are two additional offices on the upper level, both with tenants in place. Please refer to the floor-plan provided for an overview of the layout.

Notable features include:
- CBD location with 20m street/shop frontage
- Public parking available on street
- Floor area - 1,228m2 (approx.)
- Land area - 863.3m2
- Zoning - B3 Commercial Core
- Option for three separate tenants across two levels
- Building & Pest Inspection Reports - Available upon request
- Information Memorandum - Available upon request
- Contract of Sale - Available upon request

45a (office 1) - Returning $7200 per annum
45b (office 2) - Returning $7800 per annum
49 (Shop) - Returning $160,000 per annum

The current owners have made their instruction clear. We are selling under the hammer on the 4th of February 2023. Please contact the team at Ray White TKG to book your inspection and prepare yourself for auction day. This will be your only chance. Don't let this one pass you by.

Disclaimer: All information disclosed herein has been provided from sources we believe to be reliable however we cannot guarantee its accuracy. It is respectfully advised that interested parties carry out their own due diligence.