$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!

Disclaimer:
This information was prepared with all due care and is current at the time of publication. We cannot warrant its accuracy, currency, completeness, reliability or suitability, especially material supplied by third parties.The material is provided for general information only; the reader should seek independent advice relevant to your circumstances.

Property Info

Municipality
Kempsey
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