PRICE GUIDE CIRCA AUD$25,000,000
High yielding NSW Government Investment
- 3,920m² NLA
- Low outgoings
- 5.5 star NABERS rating
The Grafton Complex presents an opportunity to acquire the best commercial office investment property in the administrative centre of the thriving Northern Rivers region of New South Wales. Located at 17 Prince Street in Grafton this property is comprised of three (3) adjoining commercial freehold properties on one title with a net lettable area of 3,920m².
Occupying a prominent corner position in Grafton’s commercial heart the refurbished and contemporary office accommodation benefits from the cashflow provided from the Government Property of NSW (Roads and Maritime Services) and Tier 1 contractor Laing O’Rourke.
• Fully leased to Laing O’Rourke and NSW Government (RMS) to June 2022
• Net Annual Income: $1,003,200 ex GST* ($256/m²)
• 3,920m²* NLA over three buildings
• Prominent corner location in the commercial and administrative centre of Grafton
• 2,183m²* of land with 90m dual frontage
• Low outgoings
• Walking distance to restaurants, cafes, bars, retail shops, Woolworths and Coles anchored shopping centre
• Grafton, in norther NSW, is the administrative and commercial hub of the Clarence Valley (estimated LGA population of 52,000)
• Major city infrastructure upgrades funded include the Pacific Highway upgrade project and a new correctional facility
• 5.5-star NABERS Energy rating
