Kempsey, 11-15 Smith Street

TIGHTLY HELD SOLID INVESTMENT

Located on the eastern side of Smith Street (Macleay Valley Highway) and ideally positioned in the Kempsey CBD this solid investment is a proven income producer.

- just 2 doors from Post Office and surrounded by local retailers, Coles, Woolworths, Supa IGA and Kempsey Mall Shopping Centre makes this location unbeatable.

- Approx 395m2 solid brick building with front and rear access plus 3 residential flats and 1st floor offices.

* Total Site Area approx 514m2
* Zoned 3(a) General Business
* LGA Kempsey Shire Council
* Total Building Area Commercial 515m2
* Residential: 1 x 1 bedroom unit, 2 x 2 bedroom units
* Current Net Income $97,391pa + GST + Outgoings
* Commercial Lease Expiry 31 October 2021 + 5 year option

Kempsey is located on the Mid North Coast of New South Wales 345 kilometres north of Sydney. The Mid North Coast region attracts 4.9 million visitors annually and the Pacific Highway acts as the main transport arterial through the region. It is within easy reach of Sydney, Newcastle, the Gold Coast and Brisbane.

For Sale by Expressions of Interest closing Friday, 22 June 2018 at 3pm.

$1,400,000

  • Type: Commercial
  • Property Type: Retail
  • Land Size: 514 m2
  • Building Size: 515 m2

Make an Enquiry

Daryl Johnson

Daryl Johnson

P: 4958 8177

E: darylj@dowlinglakemacquarie.com.au

M: 0410 447 054

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The Mid North Coast region attracts 4.9 million visitors annually and the Pacific Highway acts as the main transport arterial through the region. It is within easy reach of Sydney, Newcastle, the Gold Coast and Brisbane. For Sale by Expressions of Interest closing Friday, 22 June 2018 at 3pm. 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