SOLD
Sold on 21 Dec 2023 for $260,000

4/5-7 Clyde Street
Kempsey NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 523m2
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Property Details for 4/5-7 Clyde St, Kempsey

Building Type
Commercial
Land Size
523m2
Local Government
Kempsey
Lot/Plan
4/SP19684

Last Listing description (May 2024)

Located in the heart of the busy CBD of Kempsey with E2 zoning, this property has recently undergone substantial renovation making it ideal for owner occupiers and investors who are looking for a low maintenance return.

Set amongst other well established businesses this property benefits from its position in a high foot traffic area, recent refurbishment & impressive security system.

Properties in this area of Kempsey are very tightly held and rarely come on the market so don't miss your opportunity to purchase this low maintenance property, featuring:

- Zoned E2 Commercial Centre
- Current purpose designed fit out for NDIS provider, suitable for health professionals, mediation services, retail opportunities & many more
- Internal Kitchenette with dishwasher, 3 split system air conditioners, soundproof rated walls, hybrid flooring throughout
- Impressive security system including roller door security & Commercial Magnetic door lock
- Affordable strata rates $475.00 per quarter

Currently tenanted to August 2024 with market rental appraisal for the Shop is approx. $1,650.00 - $1,700.00 per month excl. GST.

Inspection by appointment.

DISCLAIMER: The information contained in the advertising of this property is not based on any independent enquiries or knowledge of 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 4/5-7 Clyde St, Kempsey, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$260,000
21 Dec 2023
Listed for Rent
$18k/w
22 Sep 2023
  • 21 Dec 2023
    Sold for $260,000
  • 04 Dec 2023
    Listed for Sale Price Guide $239,000 - $260,000
  • 22 Sep 2023
    Listed for Rent $18,200 / week
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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 720 properties. Over the last 5 years, Houses in Kempsey have seen a 60.02% increase in median value, while Units have seen a 104.89% increase. As at 31 August 2024:

  • The median value for Houses in Kempsey is $406,427 while the median value for Units is $424,896.
  • Houses have a median rent of $320 while Units have a median rent of $285.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Kempsey on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Kempsey.

Suburb Insights for Kempsey 2440

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Contact agent
Andrew Duck
Show contact details
Elders Real Estate Port Macquarie
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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.