51 Bloomfield Street, South Kempsey NSW 2440
51 Bloomfield Street, South Kempsey NSW 2440
2023m² residential lot | occupied until Feb 2027 | solid older home | elevated high side | rear drainage note
A significant land area of over two thousand square metres is combined with a tenanted house, providing secure rental income until early 2027. The older home’s solid hardwood construction and elevated positioning on the block are practical strengths, with the rear block representing a lower area subject to minor seepage during wet conditions. This property is best suited to investors valuing immediate yield and land holding, or buyers prepared to consider future site potential.
The older construction and modest presentation may limit finance flexibility or buyer appeal, though the existing tenancy provides a floor for return. The rear seepage issue might require investigation for longer-term planning. While the land size suggests potential, any future subdivision or dual occupancy would require confirmation of suitability with relevant authorities.
Detailed Independent Property Report prepared by PropCred Analyst team for 51 Bloomfield Street, South Kempsey NSW 2440
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
South Kempsey presents as an affordable, mature suburb with a stable owner-occupier base, attracting established households and downsizers. Recent market activity for houses shows strong price momentum, supported by solid rental yields, though sales volumes remain moderate. Future growth will likely hinge on broader regional drivers, while a limited unit market and potential for extended selling periods represent key considerations for buyers.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
2023m²
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