SOLD
Sold on 20 Feb 2024 for $8,030,000

79-83 West Street
South Kempsey NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7515m2
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Property Details for 79-83 West St, South Kempsey

Building Type
Unknown
Land Size
7515m2
Local Government
Kempsey
Lot/Plan
1/DP1283840

Last Listing description (January 2024)

Are you looking for a Commercial/Industrial investment? This 5414m2 parcel of vacant land comes with DA approval for Storage Shed facility, this could be your perfect pick! The staged DA is for 125 storage bays - there is also potential with approvals to add 10 or more van/boat storage bays or possibly extra storage usage shipping containers. Storage here in Kempsey is always in high demand, with very little often available. The hard work has been done with Council, time to find your builder and get this perfect opportunity underway. Located in the busy industrial hub of South Kempsey, great thoroughfare of traffic with convenient street positioning.

Property History for 79-83 West St, South Kempsey, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$8,030,000
20 Feb 2024
  • 20 Feb 2024
    Sold for $8,030,000
  • 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 1,565 properties. Over the last 5 years, Houses in South Kempsey have seen a 55.55% increase in median value, while Units have seen a 88.63% increase. As at 31 August 2024:

  • The median value for Houses in South Kempsey is $418,728 while the median value for Units is $469,534.
  • Houses have a median rent of $455 while Units have a median rent of $350.
There are currently 30 properties listed for sale, and 2 properties listed for rent in South kempsey on OnTheHouse. According to CoreLogic's data, 67 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.