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A unique 13.43 Hectare development opportunity with B5 and RU2 Zoning.

South Grafton

13 Heber Street

$549,000

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Property Features

  • Inclusions
  • Land Size |13.43 Hectare approx.
  • Rental Return
  • Rates |$$587.83 Quarterly

Property Description

It's not every day a 13.43 Hectare Development Opportunity comes along like this! With B5 & RU2 Zoning, a house with rental return, a billboard leased out and land currently under agistment, it already shows a good return and offers fantastic potential development. Located along the Pacific Highway and a short distance from Grafton CBD, this property is in a great position to development the business zoned portion of the allotment and still have a major slice of the land free for long term possibilities. Submit an application to council with the B5 zoning and take advantage of the demand for business and commercial sites within the Clarence Valley. A newly developed childcare centre exists right next door. A two-bedroom home is situated on the property and includes the comforts of air conditioning and a wood fire heater, currently rented on a fixed term lease at $300 per week. With a motivated vendor, fixed weekly income, potential for subdivision and business opportunities this property will not last long. For more information and to book an inspection call Allison today on 0487 289 471.

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