1 Haigh Street, South Grafton NSW 2460

5 bedrooms | elevated hill position | 936sqm block | rare for South Grafton The property’s configuration is its strongest competitive advantage. Five bedrooms on a 936sqm block in an elevated position is genuinely uncommon for South Grafton, and this scarcity is what anchors the buyer’s negotiating position. The current tenancy at $650 per week provides immediate cashflow cover, while the downstairs multipurpose area offers optionality,it could be finished as additional living space, a home office, or simply retained for storage. This property serves two buyer types equally well: an owner-occupier seeking room to grow, or an investor wanting a large-block holding with yield potential above the suburb median. The walkable proximity to both primary and secondary schools reinforces demand from families, which tends to stabilise resale timelines. The single bathroom is the primary constraint for a five-bedroom house, and it will narrow the pool of owner-occupiers willing to pay a premium. Buyers should budget for a second bathroom addition if targeting the family market long-term. The 80% confidence on satellite-derived roof height and elevation data means an independent structural inspection is non-negotiable before committing. Rental upside to the $745 per week midpoint is achievable with cosmetic updates, but the current lease runs until late 2026, so immediate vacancy is not an option. Hold this property for income while the large block appreciates, or renovate the bathroom and reposition for sale to owner-occupiers within three to five years.