40 Forth Street Kempsey NSW 2440

Shop & Retail
523 m²
Sold, $601,000

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).

AUCTION

Auction date and time	13/09/2016 11:00
Auction location	Doltone House Hyde Park

Property Highlights

Date Sold	13 Sep 2016
Sold Price	$601,000
Floor Area	Ask Agent
Land Area	523 m²
Parking	Ask Agent
Property ID	2012989230
Category	Shop & Retail Showrooms / Bulky Goods
Last updated	13 Sep 2016

Map for 40 Forth Street Kempsey NSW 2440

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Property Highlights

Date Sold	13 Sep 2016
Sold Price	$601,000
Floor Area	Ask Agent
Land Area	523 m²
Parking	Ask Agent
Property ID	2012989230
Category	Shop & Retail Showrooms / Bulky Goods
Last updated	13 Sep 2016