OFF MARKET

24/24-26 Smith Street
Kempsey NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 14245m2
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Property Details for 24/24-26 Smith St, Kempsey

24/24-26 Smith St, Kempsey is a 0 bedroom, 0 bathroom House. The property has a land size of 14245m2.

Building Type
House
Land Size
14245m2
Local Government
Kempsey

Last Listing description (February 2024)

A rare opportunity presents to secure three large lots being sold as one smack bang in the heart of Kempsey CBD on the Mid North Coast of NSW.

Comprising of lot 24, 25, and 26 each parcel is just over one acre with B3 Commercial core to a portion of lot 24 and E2 zoning on the remaining land.

Currently half let for the purpose of horse agistment there is capacity for further agistment income with the acreage providing rich alluvial soil, also ideal for producing agricultural products.

There is potential to sell each parcel individually and plenty of room to add shedding with abundant parking space (STCA).

Close to major chains such as KFC and McDonalds this sought after location is a highly desirable precinct for commercial offices and shops with close proximity to the centre of town.

Dot Points

3 x large acreage lots being sold as one
Currently half let for agistment with further potential
Highly desirable CBD location
B3 Commercial core to portion of lot 24
E2 zoning to the remainder of land
Room for shedding, office, and parking
Fertile acreage with rich alluvial soil base
Reasonable rates, income earning potential
Close to major chains such as KFC & McDonalds
Rare opportunity in progressive precinct

Property Details:
Council: Approx $1229.68 P/A
Land Size: 3.52 acre

Disclaimer: The information contained in the advertising of this property is based on information provided to 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.

Property History for 24/24-26 Smith St, Kempsey, NSW 2440

A timeline of how this property has performed in the market
  • 29 Sep 2022
    Listed for Sale Contact Agent

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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.

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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.