This property front's one of the most highly regarded sections of the Clarence River while being walking distance to South Grafton's CBD, schools, sporting fields and Hawthorne Park Equestrian Facility. Properties of this type in this location are extremely rare. An approximate 615sqm envelope is ready for you to build your dream home (STCA), and being set back from the street gives plenty of privacy. Easy access to the deep section of the Clarence River is given. The access offers ample opportunities for water-sports enthusiasts, giving an ideal platform for a day on the water. The existing residence offers 4 generous sized bedrooms upstairs, separate living and dining, a modern kitchen with dishwasher and breakfast bar, bathroom and a large sunroom overlooking the Clarence River. Downstairs has been turned into a self-contained flat complete with one bedroom, kitchenette, dining room, storage room, garage and bathroom. The backyard has been split into two and both yards are fully fenced with under cover entertainment areas and fruit trees. With both upstairs and downstairs being rented separately, a healthy rent return of $670 per week makes this a great investment. The zoning for this property is R1 General Residential for the house blocks and RU1 Primary Production for the remaining acreage which means you can have your cattle or horses in your back yard on this 15,214m2(almost 4 acres) block. Opportunities like this don't come on the market too often. Plenty of options here allow you to build your dream home on the building site block while receiving a nice income from the current residence. With the amount of potential on offer, be sure to contact Melissa Dayes on 0467 000 447, to ensure you do not miss out. Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.