Share this property

realcommercial.com.au

5 John Street Kempsey, NSW 2440

Directions

5 John Street,
Kempsey, NSW 2440

Shops & Retail • Showrooms & Large Format Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Map of 5 John Street

Directions

National Tenant - Investment Property

* Located in Kempsey CBD with a corner location.
* A fresh Five (5) year lease that commenced February 2018 with Two x Three (3) year options to extend.
* Lease to a national tenant, Burson Automotive Pty Ltd T/As Burson Auto Parts.
* All outgoings Payable by Lessee and include
Council Rates: $ 3,744.04
Building Insurance: $3,649.95 GST Inc PA approx.
Land Tax: $ Nil PA (on single holding basis),
Water Charges: $ 462.16 GST Exc PA (as incurred)
Total Outgoings: $ 7,856.15 PA approx

* Rent increase by CPI annually, with "current Market" to apply at commencement of options
* Nett Income of $52,000.00 PA GST Exc
* Property comprises a ground floor area of 493 sqm approx and mezzanine level of 109 sqm approx.
* The building has been painted in the Burson Auto Parts corporate colours.
* Ideally suited to the astute investor and SMSF buyers.
* A fantastic commercial investment opportunity.

Further information contact;
Raine & Horne Commercial Port Macquarie Ph: 02 6584 05...

Property ID: 502937994Last Updated: 17 Sep 2018

0417 243 7...
realcommercial.com.au logo
5 John Street
Kempsey, NSW 2440
Raine & Horne Commercial - Port Macquarie
Shop 3, Quayside Building, 136 william Street
PORT MACQUARIE, NSW 2444
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.