Positioned in a convenient and well-connected pocket of West Kempsey, 114 Belgrave Street presents a rare opportunity to secure a mixed use investment offering immediate returns and long term potential. Compromising a ground floor commercial shopfront and two residential units (one 3 bedroom & one 2 bedroom), this property delivers three separate income streams, making it a well-balanced and resilient asset for any investor.All tenancies are currently in place, providing consistent cash flow from day one: Current Returns: / Commercial tenancy: $2,197.88 per month/ 3 bedroom unit: $350 per week/ 2 bedroom unit: $300 per weekThe blend of commercial and residential income not only spreads risk but also enhances overall rental potential - a key factor for investors looking to strengthen and diversify their portfolio.Set in a location that continues to attract strong tenant demand, the property is just moments from both Kempsey and West Kempsey CBDs, along with public transport, local schools, and essential services. This level of convenience ensures ongoing appeal for both residential tenants and commercial occupants alike.Whether you're an experienced investor seeking a set-and-forget opportunity, or looking to expand into a property with multiple revenue streams, 114 Belgrave Street offers the perfect combination of income, location, and future potential. For more information or to arrange your private inspection call Carlos today on 0427 256 570.*Borders are indicative onlyDISCLAIMER: All information is contained herein is gathered from sources we believe to be reliable. We cannot however guarantee its accuracy and interested parties should make and rely on their own enquiries.
The size of Kempsey is approximately 7.8 square kilometres. There are 5 parks, covering nearly 3.6% of the total area. The population of Kempsey in 2016 was 474 people. By 2021 the population was 483 showing a population growth of 1.9% in the area during that time. The predominant age group in Kempsey is 50-59 years. Households in Kempsey are primarily single parents and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kempsey work in a community and personal service occupation.In 2021, 45.00% of the homes in Kempsey were owner-occupied compared with 43.50% in 2016.
Kempsey has 726 properties. Over the last 5 years, Houses in Kempsey have seen a 41.06% increase in median value, while Units have seen a 76.38% increase. As at 31 July 2026:
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