10 Yarravel StreetSouth Kempsey NSW 2440
Property Details for 10 Yarravel St, South Kempsey
10 Yarravel St, South Kempsey is a 12 bedroom, 6 bathroom House with 6 parking spaces. The property has a land size of 1416m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 12 bedroom House sold in South Kempsey in the last 12 months.
Last Listing description (July 2024)
Discover a fantastic investment opportunity with this fully tenanted brick and tile six unit complex.
Each unit offers two bedrooms, complete with built-in robes, and one bathroom. An inviting open plan layout seamlessly combines the kitchen, dining and lounge area. The open design makes it a comfortable place to call home.
Convenience is key, as each unit comes equipped with its own laundry, making daily tasks a breeze. The hard stand parking space at the front of the complex ensures that your tenants have ample parking options.
Investors will be delighted to know that this complex boasts a strong rental history, with all units currently tenanted and leases in place. Don't miss out on this excellent investment opportunity! Call today for more details.
Features;
- Brick & tile
- 6 x 2 bedroom units
- Built-in robes
- Shower
- Each unit has its own laundry
- Hard stand parking area at the front of the complex
- Current rental income approx. $99840 pa
- 1416sqm site
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 10 Yarravel St, South Kempsey, NSW 2440
- 24 May 2024Sold for $935,000
- 26 Oct 2023Listed for Sale $1,225,000
- 15 Aug 2003Sold for $300,000
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About South Kempsey 2440
The size of South Kempsey is approximately 66.3 square kilometres. It has 8 parks covering nearly 28.7% of total area. The population of South Kempsey in 2011 was 2,466 people. By 2016 the population was 2,309 showing a population decline of 6.4% in the area during that time. The predominant age group in South Kempsey is 0-9 years. Households in South Kempsey are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Kempsey work in a professional occupation. In 2011, 59.4% of the homes in South Kempsey were owner-occupied compared with 62.3% in 2016.
South Kempsey has 1,569 properties. Over the last 5 years, Houses in South Kempsey have seen a 57.64% increase in median value, while Units have seen a 75.77% increase. As at 30 September 2024:
- The median value for Houses in South Kempsey is $425,695 while the median value for Units is $401,866.
- Houses have a median rent of $460 while Units have a median rent of $350.
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