Prime CBD Freehold Investment – Circa 7.5% Yield

14 Smith Street , Kempsey NSW

Property Highlights

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

Description

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

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
2,873 SQM
Building Area
2,597 SQM

Price

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