OFF MARKET

11 Broughton Street
West Kempsey NSW 2440

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 170m2
Land area: 784m2
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Property Details for 11 Broughton St, West Kempsey

11 Broughton St, West Kempsey is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1940. The property has a land size of 784m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
Unit
Year Built
1940
Floor Size
170m2
Land Size
784m2
Local Government
Kempsey
Lot/Plan
4/DP524754

Last Listing description (September 2020)

When considering an investment, we all know that multiple incomes will always be better than one.

The elevated "Triday Apartments" complex consists of three x 1 bedroom flats, each with its own carport. This complex is situated on a generous 784sqm block and has a long and strong rental history. With such a positive history, you will enjoy the solid income stream that it offers from day one.

Located high in West Kempsey - close to schools, Tafe, shops, club, and hospital - means it is perfectly positioned and will remain popular with tenants ensuring continued high occupancy rates for years to come.

This neat complex has already proven itself to be the excellent investment you see standing before you today. Currently offering a solid rental income, it will be a welcome addition to the savvy investors' portfolio.

We can all agree that multiple income investments like this don't come along every day, so this property certainly deserves your attention when considering your investment portfolio, superannuation or future income.

There's no better time to take advantage of the low interest rates than right now. If you want to see your portfolio grow, then plant that seed and look hard at what this package has to offer. In the future it will be you that is reaping the rewards.

Features include;
- Three x 1 bedroom flats
- Three carports
- Neat kitchens in each
- Combined bathroom/laundry in each
- Generous 784 sqm block
- Good location
- Strong rental history
- Solid income stream

Property History for 11 Broughton St, West Kempsey, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$340,000
27 Sep 2019
Listed for Rent
$160/w
15 Jul 2015
  • 27 Sep 2019
    Sold for $340,000
  • 02 Oct 2018
    Listed for Sale $377,000
  • 22 Jun 2015
    Listed for Rent $160 / week
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About West Kempsey 2440

The size of West Kempsey is approximately 8.6 square kilometres. It has 7 parks covering nearly 8.5% of total area. The population of West Kempsey in 2011 was 4,791 people. By 2016 the population was 4,932 showing a population growth of 2.9% in the area during that time. The predominant age group in West Kempsey is 0-9 years. Households in West Kempsey are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Kempsey work in a community and personal service occupation. In 2011, 57.4% of the homes in West Kempsey were owner-occupied compared with 55.4% in 2016.

West Kempsey has 2,471 properties. Over the last 5 years, Houses in West Kempsey have seen a 67.26% increase in median value, while Units have seen a 153.15% increase. As at 31 October 2024:

  • The median value for Houses in West Kempsey is $426,834 while the median value for Units is $468,780.
  • Houses have a median rent of $460 while Units have a median rent of $320.
There are currently 25 properties listed for sale, and 1 property listed for rent in West kempsey on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in West kempsey.

Suburb Insights for West 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.