Opportunities like this are increasingly hard to find - a well-positioned property offering dual income flexibility, strong rental appeal, and immediate returns, all within approximately 1km of Kempsey's town centre and an easy drive to the coastline.
Set on a generous 892sqm block, the property comprises two dwellings with a combined rental return of $940 per week, making it an attractive option for investors or buyers looking to secure a high-performing asset. Based on current and estimated rental returns, the property offers a potential gross yield approaching 6%.
Located in a convenient pocket of East Kempsey, you're approximately 500m to local schools, shops and services, with the Macleay River nearby and the beaches of Crescent Head roughly a 20km drive away.
The fully fenced property features a comfortable three-bedroom main residence alongside a separate two-bedroom granny flat, providing flexibility for extended families, dual occupancy living, or strong investment potential.
The main home blends character and practicality, with charming period features throughout, a cosy front verandah, and multiple living zones including a second living area with fireplace - perfect for relaxed family living. The updated kitchen and bathroom add modern convenience, with electric cooking and a dishwasher already in place, while air conditioning and ceiling fans ensure year-round comfort.
Step outside to a large covered rear verandah, ideal for entertaining, overlooking a secure backyard with a double shed, while a carport at the front provides additional covered parking.
Privately positioned, the granny flat is fully self-contained with its own fenced yard and laneway access, along with front and rear porches and a functional open-plan layout. Featuring a modern kitchen with dishwasher, combined bathroom/laundry, air conditioning, ceiling fans, and built-in robes to both bedrooms, it presents as an ideal secondary income stream or comfortable independent accommodation.
Key Features:
Main Residence:
- 3 bedrooms, 1 bathroom, plus carport
- Second living area with fireplace and air-conditioning
- Updated kitchen with dishwasher and electric cooking
- Updated bathroom
- Built-in robe to main bedroom
- Period features throughout
- Covered rear verandah plus cosy front verandah
- Double shed plus secure backyard
- Secure tenancy in place until 21-08-26 paying $520pw
Granny Flat:
- 2 bedrooms, 1 bathroom
- Open plan kitchen, dining and living
- Modern kitchen with dishwasher
- Combined bathroom/laundry
- Built-in robes to both bedrooms
- Air conditioning plus ceiling fans
- Separate fenced yard with laneway access
- Front and rear porch
- Rental potential of $420pw
Whether you're looking to secure a strong-performing investment, accommodate extended family in the future, or add a versatile asset to your portfolio, this is a property with broad appeal.
Dual income properties with this level of flexibility and return potential are in high demand - act quickly, call Josh on 0448 637 509 for more information or to arrange your private inspection.
*Borders are indicative only.
DISCLAIMER: All information 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.
