312 Orchard Road, Mountain View NSW 2460

Unique investment duplex with industrial sized shed

$950,000

SOLD

Bedrooms

9

Bathrooms

5

Car Spaces

22

Property Size

1ha

Combine both your business pursuits and investments in one neat package at Mountain View, just 5 minutes north of Grafton.
A unique property to the Clarence Valley market with returns independently appraised at $1080 per week!
Boasting a large 36m x 15.5m shed, with a two storey residence built in, plus a separate pair of duplex units all on one title.
The industrial shed features steel beam construction, concrete floors, drive through bay, bathroom and a 12m wide door with three phase power connected.
The two storey manager’s residence within has a brick facade and features three bedrooms, two bathrooms and its own kitchen and laundry, plus a rumpus room with kitchenette.
At the western end of the block, the duplex units are a mirror image of each other.
They both boast three bedrooms, one bathroom, kitchen and living with laundry, carport, verandahs and their own fenced backyards and water tanks.
The units have been rent appraised at $340 / week by the current managing agent and
long term tenants are in place, but are at the end of the lease period and can continue on or vacate at the buyer’s request.
The property is located handy to town (5 mins Junction Hill, 10 mins Grafton) and close to a major timber mill next door with local workers always keen to find nearby accommodation.
Please contact our agency to discuss the property in more detail. It is a unique property that could suit a range of potential uses and is best experienced on inspection.

Lot & DP info: 431//DP 830174
Size: 1 Hectare (2.47 acres)
Rental Appraisals:
– Duplex Unit 1 $340 per week
– Duplex Unit 2 $340 per week
– Shed and managers unit $400 per week.

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