Step into a well-established commercial investment positioned in the heart of Kempsey. This property offers a combination of secure income, premium positioning, and future development flexibility - making it an ideal addition to any serious investor's portfolio.
The property is secured by a 5-year lease with the added benefit of a further 5-year extension option, providing long-term income and peace of mind.
Set over two generous blocks, one facing Belgrave Street and the other, Verge Lane on approx. 613sqm each block, the property features a sizable building footprint complemented by extensive on-site parking, ensuring accessibility and convenience for both tenants and customers. Its zoning under E2 Commercial Centre and R1 General Residential opens the door to a wide range of future possibilities, from continued commercial use to potential mixed-use redevelopment (STCA).
Located in prime, high exposure position, the property benefits from consistent passing traffic and is surrounded by established businesses, reinforcing its value as standout investment in a high-growth regional centre.
Key Features:
/ Currently leased at approximately $114,800 per annum on a secure 5-year lease, with an option to extend for a further 5 years.
/ Prime, high-exposure location within Kempsey's established commercial hub
/ Substantial 1,226sqm block featuring a large building footprint and extensive on-site parking
/ Zoned E2 Commercial Centre and R1 General Residential, providing excellent flexibility for future use or redevelopment
/ A well-established investment with a proven income stream
With its solid tenant, strategic location and strong income, this property represents a rare opportunity to secure a quality commercial holding in a growing regional centre.
A standout investment ready to enhance your commercial portfolio.
For more information or to arrange your private inspection contact Carlos on 0427 256 570.
*Borders are indicative only
DISCLAIMER: All information contained herein is gathered from sources we believe to be reliable. We cannot however guarantee its accuracy and interested parties should make and rely on their own enquiries.
