11-15 Smith StreetKempsey NSW 2440
Property Details for 11-15 Smith St, Kempsey
11-15 Smith St, Kempsey is a 0 bedroom, 0 bathroom House. The property has a land size of 500m2.
Last Listing description (April 2020)
Located on the eastern side of Smith Street (Macleay Valley Highway) and ideally positioned in the Kempsey CBD this solid investment is a proven income producer.
- just 2 doors from Post Office and surrounded by local retailers, Coles, Woolworths, Supa IGA and Kempsey Mall Shopping Centre makes this location unbeatable.
- Approx 395m2 solid brick building with front and rear access plus 3 residential flats and 1st floor offices.
* Total Site Area approx 514m2
* Zoned B3 Commercial Core
* LGA Kempsey Shire Council
* Total Building Area Commercial 515m2
* Residential: 1 x 1 bedroom unit, 2 x 2 bedroom units
* Current Net Income $100,502pa + GST + Outgoings
* Commercial Lease Expiry 31 October 2021 + 5 year option
Kempsey is located on the Mid North Coast of New South Wales 345 kilometres north Sydney. The Mid North Coast region attracts 4.9 million visitors annually and the Pacific Highway acts as the main transport arterial through the region. It is within easy reach of Sydney, Newcastle, the Gold Coast and Brisbane.
Property History for 11-15 Smith St, Kempsey, NSW 2440
- 17 May 2018Listed for Sale Not Disclosed
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0About 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.
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