40 Smith Street Kempsey NSW 2440

Offices
345 m²
Sold

Prominent freehold asset in tightly held lifestyle precinct

Currently leased to ANZ
Total building area 344.8sqm*
Ample on-site parking

UNDER CONTRACT

The property is a prominent, standalone building situated on Smith Street in the heart of Kempsey's main retail and commercial precinct. With the existing Lease to ANZ providing passing income and the upcoming Lease expiry in late 2021, the property represents an opportunity for investors and owner occupiers to capitalise on a tightly held regional market.

- Currently leased to ANZ
- Passing net income of $59,929* (plus GST)
- Total building area 344.8sqm*
- Total site area 992.7sqm*
- Ample on-site parking
- Zoned B3 Commercial Core

The property is being offered For Sale or Lease:
For Sale: $895,000 (sale of a going concern)
For Lease: $65,000 net per annum (plus GST)

*Approximate.