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14 Smith Street, Kempsey, NSW 2440

14 Smith Street, Kempsey, NSW 2440

Retail

  • Sold Contact Agent
  • Tue 11-May-21

Prime CBD Freehold Investment - Circa 7.5% Yield

  • Prime 2,873 sqm freehold
  • Substantial improvements
  • Circa 7.5% yield anticipated

  • Land Area
  • 2873.00 m² (approx)
  • Floor Area
  • 2,598 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • May 31, 2021

Additional Details


Interested in this property? Contact an Agent today

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street

Sydney NSW 2000

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

Prime CBD Freehold Investment - Circa 7.5% Yield

Varied tenancy mix including jeweller, beauty, footwear & gym
Long history of high occupancy
Strategic 2,873 sqm landholding with substantial improvements
Important ant track leading to Council carpark
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: $216,925 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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