A RARE OPPORTUNITY TO SECURE A SOUND COMMERCIAL INVESTMENT LOCATED IN THE CENTRE OF THE KEMPSEY'S CBD IN BELGRAVE STREET. INCLUDES TWO GROUND FLOOR COMMERCIAL PREMISES, WITH LONG LEASES TO WELL ESTABLISHED BUSINESSES, PLUS A FIRST FLOOR PREMISES WHICH HAS BEEN LEASED FOR RESIDENTIAL PURPOSES. ALTERNATIVELY, THIS SECTION OF THE BUILDING COULD BE THE IDEAL LOCATION FOR YOUR OWN PROFESSIONAL OFFICE. HAVING ACCESS FROM THE LANE AT THE REAR IS AN ADDED BONUS FOR TENANTS.
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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