Price Undisclosed

12 Bed  •  12 Bath  •  13 Car  •  4768m²

Main view of Homely house listing, 40 Lord Street, East Kempsey NSW 2440
Second view of Homely house listing, 40 Lord Street, East Kempsey NSW 2440
Third view of Homely house listing, 40 Lord Street, East Kempsey NSW 2440
+21

Sold

40 Lord Street, East Kempsey NSW 2440

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Price Undisclosed

  • 12
  • 12
  • 13
  • 4768m²

House Sold on Thu 6 Sep, 2018

What's around Lord Street

House description

“Skyline Motel + Managers Residence - Magnificent Federation Home With 1960's Additions - River Frontage”

This property has been running as a motel for many years and then as short and long term accommodation. Now the owner is winding down due to a career change - 2 tenants remain.

So, it's up to you how you treat this most amazing big riverfront property.

1. As is: get back to running the motel or hostel.
2. Get rid of the 1960's additions and bring the majestic big Federation home back to its former glory - would be ideal as a B&B, health spa or boutique motel/restaurant.
3. Re-develop: this magic big river front block in the middle of Kempsey, overlooking the river and town and mountains, into villas or units (something Kempsey really needs)!
4. Keep as is and then build another 'managers residence' - there's plenty of room for another dwelling.

This is one of the best blocks of land in Kempsey - river frontage, big sweeping river/town/mountain views, high set/ flood-free buildings, 40m road frontage, easy drive-through access for buses, and under 1km to Kempsey CBD. The block is even sub-dividable (STCR)!

The current/complete 'Skyline Motel' consists of: 11 motel rooms and a 1 Bedroom/1 Bathroom/1 Garage manager's residence - so, this can be a 'live in and work' situation or, you can get extra income by living elsewhere and renting out the managers residence.

The centre piece of the building is the 102 year old Federation home (which has the 'managers residence') and (6) of the en-suite motel rooms. Then, sometime later (5) modern (1960's) motel rooms and car shelters were added around the outside of the Federation home.

Features include: new massive solar hot water system, 13' pressed metal ceilings, timber floors, new and/or modern motel furniture/bedding/TV's/fridges/RC air-conditioners, fresh interior paint, large entertaining/BBQ deck with river views and gorgeous gardens.

Other features:
- 12 guest parking lots - easy drive through access for buses.
- Land size: 4,768sqm approx. (river frontage).
- Street frontage approx. 40m.
- 1km from Kempsey CBD, 20min to Crescent Head beaches, 30 min to Port Macquarie, 5km to the freeway.

"This is an opportunity to create something amazing, income bearing and beautiful!"

Call any day anytime to snap up one of our areas most enterprising opportunities.

Property features

airConditioning

Air Conditioning

builtInRobes

Built-in Robes

furnished

Furnished

Other features

Area Views, Car Parking - Surface, Carpeted, Furnished, High return over 8% NETT, River Views

Council rates

$6082 Yearly

Building details

Area: 1500m²

Land details

Area: 4768m²
Frontage: 40.6m²
Fourth view of Homely house listing, 40 Lord Street, East Kempsey NSW 2440View more
Fifth view of Homely house listing, 40 Lord Street, East Kempsey NSW 2440View more

Contact the real estate agent

ONEAGENCY Kelly Flanagan

Kelly Flanagan Real Estate

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40 Lord Street, East Kempsey NSW 2440
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