FOR SALE
$600,000

67 Smith Street
Kempsey NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 150m2
Land area: 813m2
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BLESSED COMMERCIAL OPPORTUNITIES – 3 SHOPS IN ICONIC CHURCH BUILDING

When you wish to run a successful business in town then there is no better factor in the equation of success than 'location' – customers just have to see you, find you, find a park and have easy access to you - then you can show them your products or services and the rest of what matters.
Well this exceptionally prime location is front the main commercial street of Kempsey (Smith Street) and directly adjacent to the Woolworths and Big W carpark – you just wouldn't get more consumer traffic past your front door anywhere else in town.
Now add in the perfect scenario where this iconic church building is split into three separate shops – of which two are currently leased – and you have yourself a blessed opportunity right in front of you. Move straight into the empty one/have two incomes coming in or, find a third tenant and have three incomes. Multiple income streams are perfect rather than having just one tenant, you should always have some money coming in, it would be very rare to have all three tenants move out at the same time.
- 813sqm block
-B3 Commercial Core zoning
- Prime location - amazing parking and foot-traffic.
- 3 separate shops (2 currently rented)
- Bathroom
- Comes with a very mild State Heritage Listing - Number 262 – Planning and Heritage (where you mostly self-assess the works you wish/need to do to the building (really, it's very mild)
- A huge amount of easy customer parking (the Woolworths carpark)
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Property Details for 67 Smith St, Kempsey

Building Type
Commercial
Floor Size
150m2
Land Size
813m2

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About Kempsey 2440

The size of Kempsey is approximately 7.8 square kilometres. It has 5 parks covering nearly 3.6% of total area. The population of Kempsey in 2011 was 390 people. By 2016 the population was 473 showing a population growth of 21.3% in the area during that time. The predominant age group in Kempsey is 50-59 years. Households in Kempsey are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kempsey work in a labourer occupation. In 2011, 50.9% of the homes in Kempsey were owner-occupied compared with 43.5% in 2016.

Kempsey has 721 properties. Over the last 5 years, Houses in Kempsey have seen a 60.02% increase in median value, while Units have seen a 104.89% increase. As at 31 August 2024:

  • The median value for Houses in Kempsey is $406,427 while the median value for Units is $424,896.
  • Houses have a median rent of $320 while Units have a median rent of $285.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Kempsey on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Kempsey.

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Kelly Flanagan
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Kelly Flanagan Real Estate
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