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Sold on 01 Nov 2024 for $1,360,000

54 Lachlan Street
South Kempsey NSW 2440

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 1252m2
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Property Details for 54 Lachlan St, South Kempsey

54 Lachlan St, South Kempsey is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 1252m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 8 bedroom BlockOfUnits sold in South Kempsey in the last 12 months.

Building Type
BlockOfUnits
Land Size
1252m2
Local Government
Kempsey
Lot/Plan
622/DP1222957

Last Listing description (November 2024)

Discover an exceptional investment opportunity with this practically new 4 x 2 bedroom unit complex, perfectly designed for investors seeking low-maintenance properties with high returns and added depreciation benefits. Situated in a prime location, this rare gem promises not just a property, but a lucrative future.

Each unit is light, breezy, and modern inside. The kitchens are of practical design, are deceptively large, and have plenty of bench space.

Features include:

- 4 x 2 bed, 1 bath, 1 car ground level brick units
- Modern inside and outside
- Ceiling fans & Air conditioning throughout each unit
- Built-in robes in all bedrooms
- Single lock-up garage
- Private laundries
- Easily maintained
- Conveniently located
- Fully-self contained
- All units are currently achieving $450 each per week, a total of $1,800 per week
- Each unit is separately metered for water and power
- Approx. 2.5km to Kempsey Town Centre
- Approx. 45km to Port Macquarie

These units sit close to town and are within walking distance to High Schools, Primary Schools, and the general store, making it the perfect choice for anyone needing easy access to essential amenities or looking to expand their investment portfolio. Plans are also in for a Supermarket and Medical Centre across the road which will add to the convenience of the location potentially increasing rents.

Don't miss your chance to secure an investment that promises both stability and strong returns, Call Carlos today on 0427 256 570 for more information and to arrange your private inspection.

DISCLAIMER: All information contained herein is gathered from sources we believe to be reliable we cannot however guarantee its accuracy and interested parties should make and rely on their own inquiries.

Property History for 54 Lachlan St, South Kempsey, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$1,360,000
01 Nov 2024
  • 01 Nov 2024
    Sold for $1,360,000
  • 03 Sep 2024
    Listed for Sale $1,375,000
  • 09 Jan 2024
    Listed for Sale Not Disclosed
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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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Contact agent
Carlos Peters
Show contact details
STONE REAL ESTATE KEMPSEY
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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.