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91 Belgrave Street
Kempsey NSW 2440
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Sold on 4 Nov 2021

91 Belgrave Street Kempsey NSW 2440

  • Hotel, Motel, Pub & Leisure
  • 500 m²
  • Sold, $880,000

Railway Hotel Kempsey - Accommodation Centre

    This iconic building has been transformed into short & long term accommodation with 19 rooms available to rent. Enjoying almost 100% occupancy year round with tariff per room at $280 per week, this is a high returning business. Motel style rooms all equipped with televisions and fridge, 2 large communal kitchens available for cooking, indoor and outdoor communal areas. Selling on a walk in walk out basis the returns show approx 14% nett per year. Original bar and dining room could be further utilized and remodelled to add further rooms. A great income for nominal outlay.

    Whilst we understand you may want to inspect this property, we need to comply with NSW Health Public Health Orders (that may change at any time). Please note, as per our Covid-19 Safety Plan for this property, we request you acknowledge and comply with the following:
    Your personal details will be recorded by us, and may include sighting your ID
    You must sign-in via Service NSW QR code
    You are required to wear a face mask during the inspection
    Physical distancing of at least 1.5m between people is required
    Sanitize before entering the property & not touching surfaces or belongings
    Attendees may be limited
    If you have been requested to self isolate (for whatever reason), or have any cold or flu like symptoms - please DO NOT request to attend an inspection of the property at this time.

    As an alternative to inspecting the property in person, we can offer to do a live video walk inspection (subject to occupant consent). Please contact us to arrange this option.

    Property Highlights

    Date Sold4 Nov 2021
    Sold Price$880,000
    Floor Area500 m²
    Land Area538 m²
    ParkingAsk Agent
    Property ID2017390348
    Category
    Last updated  8 Nov 2021
    Map for 91 Belgrave Street Kempsey NSW 2440

    Property Highlights

    Date Sold4 Nov 2021
    Sold Price$880,000
    Floor Area500 m²
    Land Area538 m²
    ParkingAsk Agent
    Property ID2017390348
    Category
    Last updated  8 Nov 2021

    Co-Agents

    Don Humphris
    Don Humphris
    Harcourts The Rocks
    Call
    0488 055 995
    Ross Lindsay
    Ross Lindsay
    Harcourts The Rocks
    Call
    0417 473 620

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