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 â?? 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 ...
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%).
One Basket - Many Eggs Investment potential plus! Commercial shopfront plus two residential units above, are returning 10% gross. The tenants have all been in place for some time and are happy to stay. An investment such as this will make a healthy addition to any property portfolio. Well worth your attention so call today to arrange an inspection.
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).
HOTEL KEMPSEY CBRE Hotels are delighted to offer for sale the 'Freehold Going Concern' interest in the Hotel Kempsey.
Key investment considerations include:
- Entry-level Mid North Coast freehold pub
- Annual revenues in excess of $1.35 million per annum
- 29 x ensuited accommodation rooms - recently upgraded
- 15 x PME's (SIA 23) - expires September 2016
- Closest pub to the Kempsey/Macleay RSL
- Compelling upside via renovation, refurbishment and repositioning
- Located in the retail/commercial heart of Kempsey and across the road from Kempsey Central
- Currently run under management
Mulit-Purpose Commercial Property Returning 8% Nett - Wow! Wow, what a brilliant investment choice - a multi-purpose commercial site, tenant number one in place offering 8% nett return and, there's more land and infrastructure to lease out to a second and possibly third tenant - so yes, there's opportunity for massive returns.
Investors, this deserves your attention!Business operators, this also deserves your attention - you may just have a business that could operate here with/without the current current tenant (either way, this is a cheap way to get a 'big' slice of commercial real estate smack bang in the centre of Kempsey!).
Be Part of the Future An opportunity to secure a large two storey commercial building located within the CBD of Kempsey on the North Coast of NSW. The iconic site has predominantly been used for professional offices but is suitable for a wide range of retail and commercial uses. It is perfect for redevelopment or an upgrade to compliment the recently opened Aldi complex located diagonally opposite.
Convenience plaza with holding income INVESTMENT HIGHLIGHTS
Investment/value add opportunity
Surrounded by a plethora of complementary uses
Excellent access & Council car parking provisions
Site area of 1,673 sqm* and 970 sqm* of net lettable area
For sale on the instructions of the Receivers and Managers
Key West Kempsey Commercial location Returning in excess of 7%, this West Kempsey commercial building is located in an area set to explode.
Currently leased to Zest Cafe, with the operator having a proven business background in the industry. The building has a floor area of approximately 163m2 whilst the block size if 427.4m2.
The building itself has had the electrical and plumbing systems upgraded and is easily converted into two shops if it were required.
Make It Your Business This forgotten about site is a rarity as it has a Business (Neighbourhood) zoning. A large, near level corner block (1033 square metres in area) situated on the edge of town in West Kempsey it offers the potential of a wide range of activities. All services are available, it is simply up to you to start your latest commercial activity.