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14 Smith Street, Kempsey, NSW 2440

14 Smith Street, Kempsey, NSW 2440

Retail

Prime CBD Freehold Investment - Circa 7.5% Yield

  • Prime 2,837 sqm freehold
  • 21 shop arcade investment
  • Circa 7.5% yield anticipated

  • Land Area
  • 2873.00 m² (approx)
  • Floor Area
  • 2,597 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Apr 20, 2021

Additional Details


Interested in this property? Contact an Agent today

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street

Sydney NSW 2000

Rhys Parker, Burgess Rawson - Sydney
Rhys Parker
Michael Gilbert, Burgess Rawson - Sydney
Michael Gilbert

Prime CBD Freehold Investment - Circa 7.5% Yield

Strategic 2,837 sqm landholding
Substantial improvements, 21 shops included
Varied tenancy mix including jeweller, beauty, footwear & gym
Long history of high occupancy
Kempsey, important hub between Port Macquarie & Coffs Harbour
Population forecast to soar by over 13% by 2036
High vehicular & foot traffic area
Future development upside (STCA)

Net Income: $221,486 pa + GST

For Sale by Investment Portfolio Auction
Tuesday 11 May at 11am
Yallamundi Rooms, Sydney Opera House

14 Smith Street, Kempsey, NSW 2440

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