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6 Verge Street Kempsey, NSW 2440

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6 Verge Street,
Kempsey, NSW 2440

Shops & Retail • Showrooms & Large Format Retail

Price information

Sold

$1,337,000

Key property information

Floor area

Car spaces

Tenure type

Sold on

Map of 6 Verge Street

Directions

10 Year Lease Plus Options to 2040. To Woolworths Limited.

10 yr lease exp. 2020 + 4 x 5 yr options to Woolworths for renovated 631 sqm 'Drive Thru' BWS.
Also new 3 + 3 year leases in adjoining 400 sqm incl. ASX listed Gowing Bros.
Adjacent to Kempsey Central Shopping Centre incorporating Coles, Target and 12 speciality shops.
Highly successful and strong trading BWS.
On-site parking for 5 vehicles.
Kempsey is part of the rapidly growing Hastings Region.
Net Income: $133,985 pa + GST (est at 1/11/14 post CPI increase).
Indicative Price: $1,500,00 (Circa 9%).

For Sale by Private Treaty

Property ID: 501014339Last Updated: 13 Nov 2014

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6 Verge Street
Kempsey, NSW 2440
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

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