Whether you're looking for a solid investment, a home with character or a sizeable block of land to secure for the future, this East Kempsey property offers plenty of reasons to take a closer look.
Set on a generous 1,104m² parcel in an established neighbourhood, this classic three-bedroom home combines comfortable living with an attractive rental potential, making it an appealing option for investors looking for rental income with future potential.
For investors, there's plenty to like. With an estimated rental return of $27,300–$28,600 per annum, the property offers the opportunity to generate income while holding onto a substantial parcel of land in a convenient East Kempsey location.
Inside, the home has the character and good bones you'd expect from a property of this era. Timber floors, high ceilings and three bedrooms are complemented by a separate living room, adjoining dining area, functional kitchen and an additional enclosed living space overlooking the backyard.
The home offers comfortable, practical living as it stands, with plenty of opportunity to make improvements over time. Whether you're looking to move in yourself, add value gradually or secure a rental property with longer-term potential, there's plenty of flexibility here.
But one of the biggest drawcards is undoubtedly the land.
With excellent side access through to the generous backyard, there's room to think beyond the existing home. Investors and buyers with an eye for the future may wish to explore the possibility of adding a granny flat or secondary dwelling, potentially creating an additional income stream, or investigating future subdivision opportunities, all subject to council approval and relevant planning requirements.
And if you're not looking to develop straight away? There's plenty to be said for securing a large block, enjoying the rental income and considering your options down the track.
Outside, established trees, open lawn areas and a detached single garage add to the property's appeal, with plenty of space for families, pets or future plans.
Located within easy reach of local schools, shops and Kempsey's CBD, the property offers the everyday convenience that appeals to both homeowners and prospective tenants.
Whether you're an investor looking for a property with rental potential, a first-home buyer wanting room to grow or someone who can see the value in securing a big block of land, this is an opportunity worth exploring.
Enjoy the income potential today and consider the possibilities for tomorrow!
Property Features
- Classic three-bedroom home on a generous 1,104m² block in East Kempsey
- Appealing investment opportunity with rental income and longer-term potential
- Excellent side access providing flexibility for future plans
- Potential to explore a granny flat or secondary dwelling for additional rental income (STCA)
- Opportunity to investigate future subdivision possibilities (STCA)
- Ideal for investors, first-home buyers, families or those looking to landbank
- Timber floors, high ceilings and original character throughout
- Separate lounge, dining area and additional enclosed living space
- Functional kitchen with scope to personalise over time
- Three bedrooms, with built-in wardrobes to two as shown on the current floorplan
- Generous backyard with established trees and detached single garage
- Convenient location close to schools, shops and Kempsey's CBD
Property Details:
Land size: 1,104m2
Council Rates: Approx. $4,180 p/a
Rental Appraisal: Approx. $525-$550 pw
Disclaimer: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.
