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40 Smith Street
Kempsey NSW 2440
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Sold on 27 Sep 2021

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.

Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle
Newcastle, NSW 2300

Property Highlights

Date Sold27 Sep 2021
Floor Area345 m²
Land Area993 m²
ParkingAsk Agent
Property ID2017052098
Category
 Offices
 Shop & Retail
Last updated  24 Nov 2021
Map for 40 Smith Street Kempsey NSW 2440

Nearest transport* to 40 Smith Street Kempsey NSW 2440

Bus
Train
Smith St After Belgrave St51 m
Smith St After Stuart St136 m
Belgrave St At John St204 m
Stuart St Before Belgrave St228 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
 *Within a 4km radius
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Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle
Newcastle, NSW 2300

Property Highlights

Date Sold27 Sep 2021
Floor Area345 m²
Land Area993 m²
ParkingAsk Agent
Property ID2017052098
Category
 Offices
 Shop & Retail
Last updated  24 Nov 2021

Co-Agents

Michael Chapman
Michael Chapman
Colliers Newcastle
Call
+61 402 724 841
Nick Christensen
Nick Christensen
Colliers Newcastle
Call
+61 402 635 503

Enquire about this property

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            More about 40 Smith Street Kempsey NSW 2440

            40 Smith Street Kempsey NSW 2440 is categorized as Office. It has a floor area of 345 m². The listing ID for this property is 2017052098.

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