Prime CBD Freehold Investment – Circa 7.5% Yield
14 Smith Street , Kempsey NSW
Property Highlights
Prime 2,873 sqm freehold
Substantial improvements
Circa 7.5% yield anticipated
Description
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
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
2,873 SQM
Building Area
2,598 SQM