132-134 &/138-140 Belgrave Street Kempsey NSW 2440

Onsite Auction: 29/08/2024 at 2:00 PM

Don't miss the rare opportunity to acquire the former Kempsey Toyota Car Dealership site, a landmark establishment in the area for the past 55 years with full refurbishment in recent years including new air conditioning and solar system. This versatile property offers not only a prime location for a car dealership and service centre but also holds significant potential for development in Kempsey's CBD.

Key features of this property include:

- Total land area of approximately 5,475m² across 9 lots
- Current building of approximately 708m², extensively fitted out
- Open-plan showroom and reception area
- Workshop capable of accommodating up to 8 bays
- Detailing bay
- His and Hers bathrooms, including a shower
- Staff lunchroom & Parts Storage Rooms
- 3-phase power infrastructure
- Recently upgraded air conditioning servicing all offices and showroom
- 40kva solar system installed on the roof
- Zoning: C2 - Environmental Conservation

Currently leased with an annual rental return of approximately $116,607.49 + GST + outgoings, and with the tenants vacating in September 2024, this property presents an ideal opportunity for owner-occupiers looking to establish their own business or savvy investors seeking to lease and enhance returns through further development.

This property spans multiple addresses:

132-134 Belgrave Street Kempsey, NSW 2440
138-140 Belgrave Street Kempsey, NSW 2440
Lots 211 & 212 Vincent Street Kempsey, NSW 2440
36-42 Verge Street Kempsey, NSW 2440

The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters