FOR SALE
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3 Rudder Street
East Kempsey NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: 5
Land area: 1176m2
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Impressive Retail/Office/Residence Investment Opportunity in Prime East Kempsey Location

Discover the potential of this unique investment opportunity nestled in the heart of East Kempsey. Boasting a versatile layout with four separate tenancies, this property offers a diverse income stream and abundant potential for your next investment venture.
Key Features:
- Ideal and convenient location.
- Four separate tenancy opportunities with 3 existing leases currently in place.
- 1176 sqm site, with a 551.2 lettable area.
- Ample onsite parking
Ground Floor Convenience:
- Well-known Chaddie's takeaway, newsagency and general store is located downstairs featuring a shop front, cool room, storage and shared amenities.
- Hairdresser Business is located downstairs featuring a standard kitchenette, storage area and shared amenities.
Upstairs Residences/Office Space:
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Property Details for 3 Rudder St, East Kempsey

Building Type
Commercial
Land Size
1176m2

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About East Kempsey 2440

The size of East Kempsey is approximately 3.7 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of East Kempsey in 2011 was 1,319 people. By 2016 the population was 1,356 showing a population growth of 2.8% in the area during that time. The predominant age group in East Kempsey is 0-9 years. Households in East Kempsey are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in East Kempsey work in a labourer occupation. In 2011, 62.7% of the homes in East Kempsey were owner-occupied compared with 60.6% in 2016.

East Kempsey has 723 properties. Over the last 5 years, Houses in East Kempsey have seen a 66.60% increase in median value, while Units have seen a 7.07% increase. As at 30 September 2024:

  • The median value for Houses in East Kempsey is $458,044 while the median value for Units is $274,498.
  • Houses have a median rent of $483 while Units have a median rent of $345.
There are currently 8 properties listed for sale, and no properties listed for rent in East kempsey on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in East kempsey.

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Geoff Woodham
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