34 Forth StreetKempsey NSW 2440
Property Details for 34 Forth St, Kempsey
Last Listing description (April 2019)
LJ Hooker Kempsey has the exclusive and exciting opportunity to offer for sale 34 Forth Street Kempsey. The property presents an outstanding investment opportunity and benefits from the following highlights.
Newly leased to a well known fully established business, current weekly rent is $400.
Surrounded by mix of other commercial businesses
Concrete footpath
Client parking
Retail area
Large workshop and storage area
The property is 532 sqm. The retail display area is approximately 200sqm and has a workshop and storage area approximately the same size.
Zoned Businesses and Land use General commercial, this property is ideal for any type of business.
Centrally located this building is currently receiving returns of 9.5 percent gross on the asking price of $219,000.
Please call Carlos 0427256570 or Matt 0448637509 at LJ Hooker Kempsey today 02 6562 6999
Property History for 34 Forth St, Kempsey, NSW 2440
- 26 Mar 2019Sold for $180,000
- 21 Dec 2018Listed for Sale Under Contract
- 19 Jun 2018Listed for Sale $219,000
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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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