FOR SALE
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Shop 62-64 Smith Street
Kempsey NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1265m2
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Gold opportunity for inverters

Calling all Investors for these three shops, Kabed, Subway, Chinese Restaurants,
Located in the heart of Kempsey, just opposite Woothworth Shopping Centers,
only a few blocks from Mac McDonald, Kentucky Chicken, and all the shops surrounding by
Restaurant, Hotels, Sport Club,
these three best tenants, 10-Year Lease Solid Investment,
With this solid investment is a rare opportunity for the astute investor.
Commercial premises on the main road are ideally located.
Featuring:
* Featuring 5 shops in total + parking,
* Shop 1 & 2- leased by Subway (lease 5 x 5)
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Property Details for Shop 62-64 Smith St, Kempsey

Building Type
Commercial
Land Size
1265m2

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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 716 properties. Over the last 5 years, Houses in Kempsey have seen a 56.05% increase in median value, while Units have seen a 71.50% increase. As at 31 October 2024:

  • The median value for Houses in Kempsey is $406,539 while the median value for Units is $406,365.
  • Houses have a median rent of $320 while Units have a median rent of $285.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Kempsey on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Kempsey.

Suburb Insights for Kempsey 2440

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Helene Ly
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Oxbridge Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.