SOLD
Sold on 11 Jan 2024 for $326,000

66 Smith Street
Kempsey NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 670m2
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Property Details for 66 Smith St, Kempsey

66 Smith St, Kempsey is a 0 bedroom, 0 bathroom House. The property has a land size of 670m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 0 bedroom House sold in Kempsey in the last 12 months.

Building Type
House
Land Size
670m2
Local Government
Kempsey
Lot/Plan
1/DP349687

Last Listing description (May 2021)

Kempsey Laundry Services is a well-established business servicing the Macleay Valley including
Crescent Head, South West Rocks and Kempsey. This business has been locally owned and
operated in excess of 25 years, with the current owners in place since 2004.


With modern equipment, they currently have multiple ongoing commercial clients and contracts, plus continued growth with domestic clientele. They have a busy ironing service that they don't advertise, so it has room for expansion.

With solar panels installed, subsidised power is a welcome inclusion with the ability to add more solar panels without upgrading inverter.

The 2013 Hi-Ace van - included in the plant & equipment - allows ease of transport for
collection and delivery services.

The Kempsey Laundry is also an agent for Dry Cleaning Services with plenty of room for expansion.

Kempsey Laundry has no competitors in the local area allowing them opportunity for further growth. They have no digital footprint and have been expanding without the need for advertising, however the opportunity is there for those who chose to do so.

Located on the Mid North Coast - midway between Sydney and Brisbane - there's no better place to work, live and play.

Property History for 66 Smith St, Kempsey, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$326,000
11 Jan 2024
  • 11 Jan 2024
    Sold for $326,000
  • 24 Oct 2019
    Listed for Sale $375,000 Walk In Walk Out
  • 07 Aug 2019
    Listed for Sale $375,000
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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 714 properties. Over the last 5 years, Houses in Kempsey have seen a 58.78% increase in median value, while Units have seen a 60.37% increase. As at 30 September 2024:

  • The median value for Houses in Kempsey is $409,102 while the median value for Units is $389,489.
  • Houses have a median rent of $320 while Units have a median rent of $285.
There are currently 7 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.

Suburb Insights for Kempsey 2440

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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.