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10-12 Verge St 16,523 SF 100% Leased Industrial Building Smithtown, NSW 2440 $1,085,550 ($65.70/SF)
Executive Summary
10–12 Verge Street, Kempsey presents a rare opportunity to acquire a tightly held commercial asset in a flood-free CBD location. The property comprises a total building area of approximately 1,535 sqm, including two established retail shops totalling around 532 sqm and an expansive warehouse of over 1,000 sqm. Benefitting from dual street frontage and a prominent position directly opposite a large council car park, the property enjoys excellent accessibility and exposure. Both retail tenancies are currently leased, providing an immediate income stream underpinned by long-standing occupancy, with scope for future rental growth and reconfiguration.
Property Facts
| Price | $1,085,550 | Building Class | C |
| Price Per SF | $65.70 | Lot Size | 0.42 AC |
| Sale Type | Investment | Rentable Building Area | 16,523 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Showroom |
| Price | $1,085,550 |
| Price Per SF | $65.70 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 0.42 AC |
| Rentable Building Area | 16,523 SF |
| No. Stories | 1 |
Amenities
- Mezzanine
- Automatic Blinds
- Storage Space
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10-12 Verge St
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