NSW Government Anchored Freehold Investment | Circa 8.5% Yield Anticipated

Burgess Rawson is pleased to offer 24-26 Clyde Street, Kempsey NSW, for sale via our Investment Portfolio Auction 168.

The property features the following investment highlights:

+ Sought-after Government and essential services including:
– Department of Community & Justice
– Justice Health and Forensic Mental Health Network
– Kempsey Taxation Services
– Kip McGrath English & Math Tutoring
+ Key land rich 1,014 sqm CBD site
+ Commanding freestanding commercial office building
+ Valuable on-site parking + future development upside (STCA)
+ Strategic location midway between Sydney and Brisbane
+ Kemspey Shire: population forecast to soar by over 11.5% to 35,310 residents by 2036
+ CBD location near Kempsey Station, Government and professional offices & supporting national brands including IGA, Australia Post, Commonwealth Bank, NRMA, Aldi and Woolworths
+ Net Income: $269,632 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House

Bidder registration required, register here: www.portfolioauctions.com.au

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx