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40 Forth Street Kempsey, NSW 2440

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40 Forth Street,
Kempsey, NSW 2440

Shops & Retail • Showrooms & Large Format Retail

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$601,000

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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).

Property ID: 502071378Last Updated: 14 Nov 2016

04174180...
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40 Forth Street
Kempsey, NSW 2440
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

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