41 Forth StreetKempsey NSW 2440
Property Details for 41 Forth St, Kempsey
Last Listing description (April 2015)
Long Lease - Good Tenants
This commercial property is constructed with double brick, tin roof and timber floor. Inside, the building has been carpeted throughout, has three air conditioning units, a kitchen area 2.5m x 2m which can be converted into a strong room and also has a tiled 2nd toilet and shower area as well as a loading dock. Current tenants have a long lease agreement in place, 5yr + 2 + 2 which commenced in January 2014 and is providing good investment return. Building is situated in the heart of the Kempsey CBD, 50 metres from the main street. Don't miss this excellent investment opportunity and make an appointment today to inspect.
Property History for 41 Forth St, Kempsey, NSW 2440
- 30 Jun 2021Sold
- 16 Apr 2021Sold for $340,000
- 31 Aug 2018Sold
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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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