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 week
The 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.
*Borders are indicative only
DISCLAIMER: 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.
2
5
2
889 m2