40 Forth Street,
Kempsey, NSW 2440
Shops & Retail • Showrooms & Large Format Retail
Price information
Sold
$601,000
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 40 Forth Street
Tenant: Repco Occupied Since 1989. Automotive Retail Giant.
6 year lease to October 2019 plus 6 year option until 2025.
Repco: Australiasia's leading provider of automotive part and accessories, 400 stores and growing.
First time offered in 27 years.
Prime 523 sqm site with 12.7 metre retail frontage.
Proven CBD position central amongst Woolworths, Subway, ANZ and IGA.
Kempsey: commercial heart of Macleay River Valley region, 50 km north of Port Macquariee, trade catchment circa 30,000.
Tenant pays all usual outgoings as per the lease.
Net Income: $36,594 pa + GST (as at Oct. 2016, assume 1.75% CPI).
Repco: Australiasia's leading provider of automotive part and accessories, 400 stores and growing.
First time offered in 27 years.
Prime 523 sqm site with 12.7 metre retail frontage.
Proven CBD position central amongst Woolworths, Subway, ANZ and IGA.
Kempsey: commercial heart of Macleay River Valley region, 50 km north of Port Macquariee, trade catchment circa 30,000.
Tenant pays all usual outgoings as per the lease.
Net Income: $36,594 pa + GST (as at Oct. 2016, assume 1.75% CPI).
Property ID: 502071378Last Updated: 14 Nov 2016
04174180...
40 Forth Street
Kempsey, NSW 2440
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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