OFF MARKET

79 West Street
South Kempsey NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3311m2
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Property Details for 79 West St, South Kempsey

Building Type
Land
Land Size
3311m2
Local Government
Kempsey
Lot/Plan
7/DP810858

Last Listing description (March 2022)

UNDER OFFER

The subject property is located within the established industrial hub of South Kempsey and boasts approximately 105 metres of frontage onto West Street spanning three lots.

The site offers the ability to stage the development or diversify investment over the three lots. 79 & 81 West Street currently holds DA approval for 125 storage units. There is potential to increase this storage footprint by developing on 83 West Street also (STCA).

The property is conveniently located one minute* from the new Bunnings development (under construction), four minutes* from the M1 Pacific Motorway and five minutes* from Kempsey CBD.

Area Breakdown
79 West Street - 3,101m*
81 West Street - 2,102m*
83 West Street - 2,102m*
TOTAL AREA - 7,515m*

For Sale by Expressions of Interest.

*Approximate.
Outlines are indicative only.

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

A timeline of how this property has performed in the market
Last Sold
$1,323,000
14 Feb 2022
  • 14 Feb 2022
    Sold for $1,323,000
  • 24 May 2021
    Sold for $400,000
  • 12 Apr 2021
    Listed for Sale $239,000
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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.