2 Ferry St, East Kempsey is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1258m2.
What an opportunity to secure a beautiful riverfront apartment in the Kempsey location at a great price.
Located on the ground level we have on offer two x two bedroom apartments with an outlook of the renowned Macleay River.
You can walk out your back door and throw a line in the river or drop a crab pot in.
Ground floor, Riverfront apartments
2 x 2 bedrooms, 1 bathroom
Complex of only 10
Long term tenants in place
Single carports to each unit
Current rental $230 - $240 per week
Return on investment between 6 - 7% approx. gross
The information contained in the advertising of this property is not based on any independent enquiries or knowledge of the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.
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 61.75% increase in median value, while Units have seen a 39.82% increase. As at 31 October 2024:
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