SERVICED APARTMENT COMPLEX
This is the only true serviced apartment complex in Grafton. Comprising 8 x 2 bedroom units and 2 x 3 bedroom units in the centre of the city. Appropriately named "City Centre Apartments" they enjoy exceptional patronage catering for both long and short term stays.
The main markets the apartments attract are long term contractors from outside town, families staying over weekends, sporting groups and visitors to the numerous festival events held in Grafton each year.
Three apartments have been renovated to 4 star standard to cater for those prepared to pay a higher room tariff. Other apartments sell consistently well to clients wanting a more economical stay.
Apartments are cleaned and serviced by the owners and a local contract cleaner when required.
Gross income for the past two financial years has exceeded $150,000.
Total land area of the complex is 1440 square metres and they are located across the road from Fisher Park - a major Grafton sporting and recreation centre on the edge of the CBD.
There are several options available as we head in to the future making this a very versatile business and investment proposition. You could strata each apartment
Lot/Plan No: 1/DP330569