91-95 Smith StreetKempsey NSW 2440
Property Details for 91-95 Smith St, Kempsey
Last Listing description (March 2018)
Resort Brokers ID : FH003989
43 refurbished 3.5 star rooms - showing a whopping 18+% ROI.
Perfect central location - the areas best trading motel.
Owner operator upside - currently running well under management.
Threebedroom, two bathroom residence.
Breakfast kitchen separate to residence.
Sub-lease restaurant agreement in place.
Conference and function building available.
Additional opportunity to include two more rooms in the letting pool.
NB: Property inspections are by appointment only
Property History for 91-95 Smith St, Kempsey, NSW 2440
- 23 Oct 2015Listed for Sale $3,250,000
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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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