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95 Ryan Street
South Grafton NSW 2460
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Sold on 1 Oct 2024

95 Ryan Street South Grafton NSW 2460

  • Factory, Warehouse & Industrial
  • 440 m²
  • Sold, $840,000

6.8% YIELD - RENT $65,818.17 + GST

    GROSS RENT: $65,818.17
    LAND SIZE: 1012 sqm
    BUILDING SIZE: 440 sqm under roof (approx)
    ZONING: E3
    NET RENT: $57,220.17 (2025 FY)
    YIELD: 6.8% (2025 FY)

    Grafton Glass & McCrackin Diesel are two long-established local businesses that share this corner site where the Gwydir Highway meets the CBD of South Grafton. It has frontages to Ryan Street and Wharf Street as well as Ryan Lane - important for the vehicle based tenant.

    Superb exposure by way of high passing vehicular and foot traffic has given them excellent trading conditions since they both began trading here around 2010. Grafton Glass has a local history stretching back to 1975 and its current owners have over 40 years experience in glazing and have owned this business since 2014 (they previously operated as Clarence Valley Glass since 1981 and merged the two businesses).

    The owner-manager of McCrackin Diesel has 45 years experience in his trade and describes their relocation to this spot as one of the best business moves he has made.

    The property is now offered for freehold sale.

    Both current leases are 3 + 3 + 3 years with initial terms running from 18/11/2023-17/11/2026.

    Tenants pay water and sewer charges. Landlord pays Council rates and building insurance.

    Property and Lease details are as follows:

    Address: 95 Ryan Street, South Grafton NSW 2460
    Lot 14, Section 8, DP 758914

    Land Size: 1012 sqm

    Building Size: 440 sqm under roof (approx)

    Zoning: Zone E3 Productivity Support

    Tenancies:

    Unit A
    Phillip John Reilly (McCrackin Diesel & 4WD Accessories)
    Lease term 18/11/2023 - 17/11/2026 + 2 x 3 year options
    Rent $33,090.90 per year + GST
    Annual CPI increases plus market reviews at start of options

    Unit B
    Annden Pty Ltd (Grafton Glass)
    Lease term 18/11/2023 - 17/11/2026 + 2 x 3 year options
    Rent $32,727.27 per year + GST
    Annual CPI increases plus market reviews at start of options

    Gross Rent: $65,818.17

    Outgoings: Council Rates (2025 FY) $4582
    Building Insurance (Current Policy to 28 Feb 2025) $4016
    Water & Sewer Charges PAID BY TENANTS

    Net Rent: $57,220.17 (2025 FY)

    For more information contact commercial agent Angus McKimm via angus@mckimms.com.au

    McKimm Real Estate Pty Ltd
    McKimm Real Estate Pty Ltd
    98 Fitzroy Street
    Grafton, NSW 2460

    Property Highlights

    Date Sold1 Oct 2024
    Sold Price$840,000
    Floor Area440 m²
    Land Area1,012 m²
    Parking6 x Onsite parkings
    Building TypeWhole building
    Property ID2019341558
    Category
    Last updated  15 Oct 2024
    Map for 95 Ryan Street South Grafton NSW 2460

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    McKimm Real Estate Pty Ltd
    McKimm Real Estate Pty Ltd
    98 Fitzroy Street
    Grafton, NSW 2460

    Property Highlights

    Date Sold1 Oct 2024
    Sold Price$840,000
    Floor Area440 m²
    Land Area1,012 m²
    Parking6 x Onsite parkings
    Building TypeWhole building
    Property ID2019341558
    Category
    Last updated  15 Oct 2024

    Co-Agents

    Angus McKimm
    McKimm Real Estate Pty Ltd
    Call
    0438425176
    McKimm Real Estate Pty Ltd
    Call
    0407007309

    More about 95 Ryan Street South Grafton NSW 2460

    95 Ryan Street South Grafton NSW 2460 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 440 m² and a land area of 1,012 m². There are 6 x onsite parkings.The listing ID for this property is 2019341558.

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