$800,000

2, 1-27 Pacific Highway, South Grafton, NSW 2460


212sqm Fronting New Arterial in Grafton - Excellent Exposure and Growth Prospect

Fronting the service road for the new Grafton Bridge means this 212 sqm ground level space has great prospects moving forward. There is exposure to the Pacific Highway, Iolanthe Street (now leading to the new Grafton Bridge) which links to the Summerland Way and proximity to Gwydir Highway linking to Glen Innes/Armidale – it's a busy little spot!

Current long term lease to a Subway franchise returning $69,592 per annum (GST inc). Tenants of this 3 lot mall enjoy great exposure with a location featuring major nearby operators like Bunnings, BCF & McDonalds, its neighbouring lots are Hungry Jacks & Super Cheap Auto.

High exposure with the Pacific Highway, access from main Grafton City suburbs has been improved by the second bridge recently constructed over the Clarence River. The entire Clarence Valley is witnessing strong demographic growth factors with the rise in Yamba based tourism and investment and the surge of new employment coming into the area with the new Grafton Correctional Centre recently opened.

Perfect for SMSF or retail investors, contact agents today.

Property Info

Municipality
South Grafton

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