South Kempsey

58 Lachlan Street

4 1 2 Building: 116 SQMLand: 1214 SQM

$475,000

Space, Potential and Opportunity on 1,214sqm!

Set on a generous 1,214sqm parcel in a convenient South Kempsey location, this property presents an increasingly rare chance to secure space, flexibility, and future upside all in one. With schools, shops, and public transport close by, it offers a practical lifestyle today, while opening the door to something more tomorrow - whether that's enhancing, investing, or exploring development potential.

The home itself is neat, comfortable, and full of character, offering four well-sized bedrooms, a functional layout, and timber floorboards that bring warmth throughout. Air conditioning ensures year-round comfort, while the current tenancy at $450 per week provides immediate income from day one. Outside, the fully fenced yard offers plenty of room for kids and pets, and the double garage with access via the laneway adds valuable space for vehicles, storage, or a workshop setup.

Property Features:
- 4 bedroom, 1 bathroom, 2 car
- Air conditioning, timber floorboards
- Currently tenanted at $450 per week in a 12 month lease until 25.02.2027
- Large 1,214sqm fully fenced block
- Double garage, access via side laneway
- Council rates: $3,749.54pa (as of 24/25 financial year)

What truly sets this property apart is its MU1 Mixed Use Zoning, offering a level of flexibility rarely found in residential holdings. Designed to support a mix of residential, commercial, and light industrial uses (STCA), this zoning allows for a range of future possibilities - from home-based business or dual-purpose use, through to re-development potential down the track. It's a valuable layer of opportunity that extends well beyond the home itself.

Opportunities like this don't come up often - a large block, solid home, established income, and flexible zoning all in one package. Whether your looking to invest, add value, or secure a property with long-term potential, this is one that deserves your attention.

For more information or to arrange your private inspection call Josh on 0488 637 509.

*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.

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