Prime Mid North Coast CBD Freehold
Outstanding, prime Kempsey CBD property with 3 rock solid tenants showing 8.6% net. This property has been in the one family ownership for over 120 years and being sold as a commercial investment which will leave super schemes for dead. If you are looking for a high return, gilt edge investment contact Paul Cooney on 0429653533 for full details.
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:
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