5 Jack Williams Cres, West Kempsey is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 922m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Ok folks, here's something exciting - a big block with a small granny-flat sized dwelling already returning $250/wk.
Exciting because the current dwelling is perfectly place up in the back right hand corner leaving perfect space for another one or two dwellings! Yes, you could easily fit two more two bedroom villas or another single dwelling.
Today with the ease of purchasing and setting up the relocated van-type homes I can easily see someone getting a quick cash return on their investment. If you go the van-type homes (for example google: AffordAHome.com.au) you can have easier Council approval and instant build and instant rents coming in. But there are a myriad of van-type homes that come on trailers today. It's just that I do know that AffordAHome is active in our area at present and has been liaising with Kempsey Shire Council.
Then later if you do wish to completely redevelop - you can move the van homes to your next project or sell them. Just an idea!
- 922sqm approx. block.
- 2 bedroom, 1 bathroom, 1 carport cottage.
- Currently rented at $250/wk.
- Located in a quiet cul-de-sac in West Kempsey.
So you can live it, rent it and/or develop it! A really rare opportunity!
Inspections only on Saturdays.
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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:
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