OFF MARKET

42-102 South Street
South Kempsey NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 745800m2
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Property Details for 42-102 South St, South Kempsey

Building Type
Land
Land Size
745800m2
Local Government
Kempsey
Lot/Plan
180/DP752417

Last Listing description (July 2023)

Knight Frank, in conjunction with Shaw Gidley, present to the market 42-102 South Street, South Kempsey For Sale via Expression of Interest closing Thursday, 13 July at 4pm (AEST).

The total offering comprises 74 ha* of E4 General Industrial zoned land, located in the thriving Mid North Coast locale of South Kempsey. Positioned just off the Pacific Highway and accessed via Macleay Valley Way, the property boasts good links both north to Brisbane and south to Newcastle & Sydney.

The property, currently approved for an Asphalt Batching plant and associated industrial uses, offers significant current improvements with a GBA of approximately 12,000sqm, together with vast concrete and gravel hardstand areas.

We envisage the property will appeal to owner operators, investors and value add developers.

Key features:
- 740,000 sqm* E4 General Industrial zoned site area
- 10,337 sqm* main building/offices area (South St)
- 3 x 499 sqm* modern warehouse units (Sandstock Rd)
- Current holding income across five existing tenancies
- DA approved as an asphalt batching plant
- Plant and equipment also available for purchase**

For further information or to seek an Information Memorandum for the property, please contact the exclusive selling agents, Knight Frank.

**Note plant and equipment will be brokered through the Voluntary Administrator.

*Approximate

Property History for 42-102 South St, South Kempsey, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$5,500,000
13 Jul 2023
  • 13 Jul 2023
    Sold for $5,500,000
  • 09 Jun 2023
    Listed for Sale Contact Agent
  • 06 May 2014
    Sold for $818,182
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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.