$1,490,000

62-64 Smith Street, Kempsey, NSW 2440


10 Year Lease Solid Investment 1265sqm Investment in the Heart of Kempsey

With a 10 year lease in place, this solid investment is a rare opportunity for the astute investor. This 1265sqm (on title) commercial premises on the main road exposure is ideally located in Kempsey.

Featuring:
* Featuring 5 shops in total + parkings
* Shop 1 & 2- leased by Subway (lease 5 x 5 )
* Shop 3 & 4- leased by Master Kebab (lease 5 x 5 )
* Shop 5- lease by Little Noodle Box (lease 3 x 3)
* Currently leased at a total of $11,000 per month
* Great street exposure, perfect street frontage
* Council rate $8624.18 p/a
* Water $5620.48 p/a
* All tenant pays for council rate and water

Contact Helene to secure this rare opportunity!

Property Info

Municipality
Kempsey
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