SOLD
Sold on 07 Dec 2023 for $558,000

24-26 Nance Road
South Kempsey NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3033m2
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Property Details for 24-26 Nance Rd, South Kempsey

Building Type
Commercial
Land Size
3033m2
Local Government
Kempsey
Lot/Plan
15/DP43922

Last Listing description (September 2023)

Located in the thriving Kempsey industrial precinct, 24-26 Nance Road South Kempsey benefits from an enviable location with excellent connectivity and access to key amenities and major transport routes.

The property includes two 200sqm* warehouses with a height clearance from 4.2m* - 5.2m* and a 108sqm* awning which includes the office and amenities. This property could suit an owner occupier in the mechanical industry, storage of product, entrepreneurs seeking business growth opportunities or a savvy investor looking to redevelop the facility (STCA).

- Ease of access and connectivity

- Key amenities
- 3 phase power
- Potential to be split into multiple tenancies (STCA)
- Ample customer parking
- Sealed hardstand
- Metal clad construction
- Zoned E4 General Industrial
- Secure yard with perimeter fencing

Frontage to Nance Road 26sqm*
Front storage and office 108sqm*
Two warehouses each 200sqm*
Total building area 508sqm*
Total site area 3,033sqm*

*Approximately

Property History for 24-26 Nance Rd, South Kempsey, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$558,000
07 Dec 2023
  • 07 Dec 2023
    Sold for $558,000
  • 26 May 2023
    Listed for Sale $695,000 + GST
  • 08 May 1989
    Sold for $30,000

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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 1,566 properties. Over the last 5 years, Houses in South Kempsey have seen a 53.91% increase in median value, while Units have seen a 71.35% increase. As at 31 October 2024:

  • The median value for Houses in South Kempsey is $421,603 while the median value for Units is $404,821.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 30 properties listed for sale, and 1 property listed for rent in South kempsey on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in South kempsey.

Suburb Insights for South 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.