14 Smith Street,
Kempsey, NSW 2440
Shops & Retail • Offices • Showrooms & Large Format Retail
Price information
Sold
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Key property information
Land area
Floor area
Tenure type
Sold on
Map of 14 Smith Street
CBD Retail Arcade with Upside. Circa $1M: Well Below Replacement Value.
Landmark 'Centrepoint Arcade' - comprising 12 ground floor retail tenancies and a first floor gym.
Major value add opportunity – potential investor/development upside (STCA).
Diverse mix of tenants including jeweller, takeaway food, cafe and Williams Shoes; national retailer with over 120 stores.
With a Gross Regional Product of $12.16 billion Kempsey LGA forms part of the Mid North Coast region which boasts a population of 259,000 expected to grow to 277,450 by 2021.
Central CBD 2,873 sqm site surrounded by IGA, Aldi, Coles & Woolworths supermarkets.
Excellent main street exposure as well rear lane access, adjacent to a large council carpark.
Clear instructions to sell; likely to trade circa $1 million.
Estimated Net Income: $38,273 pa + GST.
Refer to latest information memorandum regarding income.
Major value add opportunity – potential investor/development upside (STCA).
Diverse mix of tenants including jeweller, takeaway food, cafe and Williams Shoes; national retailer with over 120 stores.
With a Gross Regional Product of $12.16 billion Kempsey LGA forms part of the Mid North Coast region which boasts a population of 259,000 expected to grow to 277,450 by 2021.
Central CBD 2,873 sqm site surrounded by IGA, Aldi, Coles & Woolworths supermarkets.
Excellent main street exposure as well rear lane access, adjacent to a large council carpark.
Clear instructions to sell; likely to trade circa $1 million.
Estimated Net Income: $38,273 pa + GST.
Refer to latest information memorandum regarding income.
Property ID: 501880066Last Updated: 2 Jun 2016
04511010...
14 Smith Street
Kempsey, NSW 2440
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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