32 Prince Street Grafton NSW 2460

** Auction is Friday 16th September at 12 Noon on site **

The former St George Bank Grafton has been vacant now for a year with just a short term lease ending some weeks ago. Now vacant and owners instructions are clear - meet the market and sell!

IM with building and pest reports available at request. Inspections available anytime 9am - 5pm Monday to Friday or Saturday mornings by appointment.

Perhaps the single most prestigious corner spot in Grafton City, with some of the highest passing vehicular and foot traffic.

Zoned B3 Commercial Core - there is 244 sqm of land with a two storey building with total net lettable area of 467 sqm. Ground floor 242 sqm, upper floor 225 sqm. Currently presented with a series of offices, boardrooms, reception and open plan areas.

Westpac / St George were paying close to $95k p.a. net. Their lease ended in 2021.

Recent short term lease to Clarence Valley Council was at $6000 per month (plus GST & Outgoings).

All roofing was replaced brand new in July 2019.

Estimate of Outgoings:
Council Rates $5,104.00
Council Water Notice $250.00
Insurance ISR & Liability $4,450.00
Land Tax under threshold $ Nil

Expected to be surprisingly affordable. Contact Angus McKimm 0438 425 176 today.