OFF MARKET

2 Geoffrey Debenham Street
Kempsey NSW 2440

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 753m2
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Property Details for 2 Geoffrey Debenham St, Kempsey

Building Type
Commercial
Land Size
753m2
Local Government
Kempsey
Lot/Plan
51/DP615663

Last Listing description (March 2022)

Located well within walking distance to Woolworths, McDonalds, Bunnings and Kempsey CBD shopping centre, you could say this home was handy to everything.

Such a versatile design, this 3 bedroom home is currently let as two flats - 1x 2 bedrooms and 1x 1 bedrooms with a potential combined income of around $420 - $450 per week.

With a little renovation, this property presents the perfect opportunity for someone wishing to downsize and have an income as well, or maybe the savvy investor will give this property the serious consideration it deserves. Having B3 Commercial Core zoning is just another reason to add this property to your short list.

If this sounds like what you've been searching for, call today.

Features include;

- Two potential tenancies
- Potential weekly income around $420 - $450pw
- Close to Woolworths
- Spacious bedrooms
- B3 Commercial Core
- 753sqm

Property History for 2 Geoffrey Debenham St, Kempsey, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$385,000
31 Mar 2022
  • 31 Mar 2022
    Sold for $385,000
  • 03 Mar 2022
    Listed for Sale $395,000
  • 21 Sep 2021
    Sold
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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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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.