• For Sale
  • Office
High yielding NSW Government Investment
High yielding NSW Government Investment
High yielding NSW Government Investment
High yielding NSW Government Investment
High yielding NSW Government Investment
High yielding NSW Government Investment
High yielding NSW Government Investment
High yielding NSW Government Investment

For Sale

Offers
Colliers International is pleased to present ‘The Grafton Complex’ for sale by Offers to Purchase. 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

To arrange an inspection or to gain access to the due diligence material please contact the Colliers International agent.

Property Details