10 Graves Place

A modern, fully tenanted dual occupancy offering two established income streams, no strata or body corporate fees, and immediate rental return from day one. Built in 2022 and positioned on a generous 611sqm allotment, this quality investment property presents an excellent opportunity for investors seeking a low-maintenance, income-producing asset in the growing regional hub of Griffith. Offering one 4-bedroom dwelling and one 2-bedroom dwelling, the property provides a practical dual-income setup with strong rental appeal and future flexibility. With both dwellings already leased, investors can secure a completed modern asset without the cost, time, uncertainty, or vacancy risk associated with building from scratch. Unlike many dual-income properties, this asset has no strata or body corporate fees, helping preserve rental return and simplify ongoing ownership. Dwelling Configuration Unit 1/10 4 bedrooms, 2 bathrooms and 1 lock-up garage. Currently leased at $530 per week. Unit 2/10 2 bedrooms, 1 bathroom and 1 lock-up garage. Currently leased at $400 per week, increasing to $420 per week from August 2026. The property is currently returning $48,360 per annum, increasing to $49,400 per annum from August 2026. Investor Appeal With two separate income streams, established tenancies, modern construction and no strata or body corporate fees, this property offers a simple and attractive investment proposition. Buyers can enjoy income from settlement while securing a near-new asset in a region supported by agriculture, logistics, food production, health, education and essential services. With construction costs remaining high, this completed 2022-built dual occupancy provides a strong alternative to building new, allowing investors to avoid builder delays, cost overruns and holding costs during construction. Griffith continues to strengthen its role as a major service and employment hub within the Riverina, supporting ongoing demand for quality rental accommodation. Positioned close to local amenities, schools, transport links and essential services, this property is well suited to investors seeking both immediate income and long-term growth potential. Key Features • Built in 2022 • Set on a 611sqm allotment • One 4-bedroom dwelling plus one 2-bedroom dwelling • Current rental return of $48,360 per annum • Increasing to $49,400 per annum from August 2026 • Fully tenanted with established rental history • Two separate income streams from one quality asset • No strata or body corporate fees • Brick veneer construction • North-facing property • Gas cooktops • Gas bayonet • Split-system heating and cooling • Built-in wardrobes to bedrooms • Lock-up garage for each dwelling • Future flexibility to occupy one dwelling and rent the other, subject to existing lease arrangements • Zoning: R1 General Residential Building and pest reports are available upon request. A completed, income-producing dual occupancy of this nature is a rare opportunity for investors seeking immediate cash flow, low-maintenance ownership and long-term regional growth.