3/10 Blackwood Close, Grafton, NSW, 2460 – For Sale | Elders Real Estate

PRIME WATERFRONT POSITION & THE ULTIMATE INVESTMENT RETURN

Very rarely does an opportunity like this present itself. Your very own apartment with 180 degree views over the Mighty Clarence River. Positioned only walking distance from the CBD, this property lends itself to being a solid investment property. Our instructions are clear this property must be sold! 

 

Only a short stroll from the centre of town is the well-hidden Blackwood Close and as the name suggests it is a cul-de-sac with only half the street lucky enough to have the river in their backyard. The two bedroom apartment is well designed to encompass the views that are available. The lockable garage is to the road side of the property, allowing the main building to be positioned with a view of the Clarence River from the kitchen, living space and veranda. The body corporate fees are an affordable $350 per quarter.

 

Currently tenanted at $470.00 per week this low maintenance brick and tile unit provides a solid return on investment. There is also the option of short stays and with the current strength of the rental market this property could achieve approx. $150 per night, or approx. $700 per week.