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Overview
Prime Investment Opportunity: Commonwealth Bank Building!
Discover an unparalleled investment opportunity with the Commonwealth Bank building, strategically located at 43-45 Smith Street, Kempsey. This exceptional commercial property is anchored by the Commonwealth Bank of Australia (CBA) as a blue-chip tenant, offering a solid history of reliability and performance.
Key highlights of this investment include a stable long-term tenancy, with the CBA having been a trusted tenant for approximately 35 years, ensuring consistent rental income. The lease includes options extending through to 2033, providing security and flexibility for future investment planning.
Investors can anticipate attractive yields, with a projected gross rental increase to $102,584 and a net rental of $89,952 commencing in June 2025. This positions the property as a lucrative opportunity for those seeking steady returns.
The property benefits from a prime location featuring main street frontage, which enhances visibility and accessibility. Additionally, convenient rear lane access further maximizes the property's appeal for both tenants and customers.
This offering represents a rare chance to secure a prime commercial asset with a reputable tenant in place, making it an ideal addition to any investment portfolio. The combination of long-term lease security, attractive rental yields, and strategic location underscores the value of this property.
For further information or to arrange a viewing, interested parties are encouraged to make contact promptly. This opportunity is well-suited for investors seeking a dependable income stream backed by a blue-chip tenant in a prominent regional centre.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Kempsey NSW 2440
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 550 m² |
Market Insights for Kempsey NSW 2440
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