NJW Commercial are pleased to present For Sale 42 Hyde Street, South Grafton a
tenanted industrial property investment opportunity. The Property is tenanted by Workforce
International Pty Ltd on a new three year lease, commencing July 2022. Workforce International
provide traffic management solutions and use the property as a vehicle depot and ancillary
office. 42 Hyde Street is generating a net income of $52,500.00 + GST per annum with the
tenant contributing to the following Outgoings Expenses: - Council Rates - Insurance - Water,
Sewage and Trade Waste - Property Management Fees 42 Hyde Street, South Grafton is
conveniently located in the South Grafton Industrial precinct enjoying unrivalled exposure in
it's prominent corner position to adjoining Armidale Road. This position provides easy and
convenient access to Big River Way (connecting vehicular traffic to the Pacific Highway), the
Gwydir Highway as well as the Summerland Way. Located on the Property is a generous 400sqm
shed, comprising a mix of colourbond and brick construction. This main building comprises of
triple bay workshop / storage as well as office / showroom. Entry to the workshop is available
through two roller entry doors offering an access clearance height of 3.6m, with an internal
clearance of 4m (to the eaves). The large, air-conditioned office / showroom is complimented
with staff kitchen, toilet, and shower amenities as well as a separate office and storage
located on the mezzanine level. The Property is fully fenced and offers easy access through
dual entry gates from Hyde Street. Heavy vehicles have historically serviced the Property and
recent improvements to the yard area have allowed additional parking and vehicle
manoeuvrability on the site. Located approximately 620km to the North of Sydney and
approximately 315km to the South of Brisbane is Grafton. Grafton is the first city of the
North Coast, located on the banks of the Clarence River within the Clarence Valley Local
Government Area. Grafton is home to around 19,000 residents (at June 2018) and has a rapidly
growing population. As the Central Business District of the Clarence Valley, Grafton services
a population of 51,000 people across the Clarence Valley Council area. The Industrial property
market proved resilient against the economic impacts associated with COVID-19, bucking
expectation and experiencing a rapid value increase both locally and Australia wide. This
growth trend is expected to continue in the years to come. 42 Hyde Street, South Grafton truly
is your opportunity to invest in this growth Market. To register your interest and obtain a
copy of the contract of sale, please contact Natasha Hillery of NJW Commercial on 0478 705
466.