Discover the potential of this unique investment opportunity nestled in the heart of East Kempsey. Boasting a versatile layout with four separate tenancies, this property offers a diverse income stream and abundant potential for your next investment venture.
Key Features:
- Ideal and convenient location.
- Four separate tenancy opportunities with 3 existing leases currently in place.
- 1176 sqm site, with a 551.2 lettable area.
- Ample onsite parking
Ground Floor Convenience:
- Well-known Chaddie's takeaway, newsagency and general store is located downstairs featuring a shop front, cool room, storage and shared amenities.
- Hairdresser Business is located downstairs featuring a standard kitchenette, storage area and shared amenities.
Upstairs Residences/Office Space:
- A two-bedroom, one-bathroom residence is located upstairs with a long-term tenant currently in place.
- A secondary residence or huge office space featuring two bathrooms is also located upstairs, which is currently vacant.
Ample Parking: The property offers ample parking with a 13-space car park at the front, supplemented by an additional 5 parking spaces onsite. Convenience for customers and tenants is ensured.
Prime Location: Situated in East Kempsey, this property enjoys an ideal location with high visibility and easy access for both locals and visitors.
With its diverse tenancy mix, established leases, and strategic location, this property presents a compelling investment opportunity. Whether you're seeking stable rental income or looking to capitalise on the burgeoning East Kempsey market, this versatile property offers the potential for significant returns.
Don't overlook this opportunity to establish your presence in one of Kempsey's most desirable areas. Contact Geoff Woodham and the NPB Team today to arrange an inspection and unlock the possibilities of this prime investment opportunity.
Geoff Woodham: 0421 038 633
NPB Office: 0447 020 742
Approximate Rental Return: $2660 per week / $138,320 per annum
Approximate Council Rates: $2100 per quarter
Approximate Water Rates: $580 per quarter
** Inspections By Appointment **
Located Approximately:
- 550m to Kempsey Post Shop - Australia Post
- 750m to Kempsey CBD
- 1km to Kempsey Macleay RSL Club
- 1.9km to Kempsey Medical Centre
- 1.9km to Kempsey West Public School
- 2.2km to Kempsey Showground
- 3.3km to Kempsey High School
- 3.7km to Kempsey District Hospital
- 34.4km to South West Rocks
- 45.8km to Port Macquarie Airport
- 47.1km to Port Macquarie
DISCLAIMER: The information provided in this property advertisement is based solely on the representations made by the vendor and agents and does not stem from independent inquiries or knowledge of the agents. The vendor and agents explicitly disclaim any liability arising from the information provided. The accuracy of the information cannot be guaranteed, and prospective purchasers are advised to conduct their own inquiries and make informed judgments regarding these matters.
