Opportunities like this are increasingly hard to find - a well-positioned property offering dual income flexibility, strong rental appeal, and immediate returns, all within approximately 1km of Kempsey's town centre and an easy drive to the coastline. Set on a generous 892sqm block, the property comprises two dwellings with a combined rental return of $950 per week, making it an attractive option for investors or buyers looking to secure a high-performing asset. Based on current and estimated rental returns, the property offers a potential gross yield approaching 6%. Located in a convenient pocket of East Kempsey, you're approximately 500m to local schools, shops and services, with the Macleay River nearby and the beaches of Crescent Head roughly a 20km drive away. The fully fenced property features a comfortable three-bedroom main residence alongside a separate two-bedroom granny flat, providing flexibility for extended families, dual occupancy living, or strong investment potential. The main home blends character and practicality, with charming period features throughout, a cosy front verandah, and multiple living zones including a second living area with fireplace - perfect for relaxed family living. The updated kitchen and bathroom add modern convenience, with electric cooking and a dishwasher already in place, while air conditioning and ceiling fans ensure year-round comfort. Step outside to a large covered rear verandah, ideal for entertaining, overlooking a secure backyard with a double shed, while a carport at the front provides additional covered parking. Privately positioned, the granny flat is fully self-contained with its own fenced yard and laneway access, along with front and rear porches and a functional open-plan layout. Featuring a modern kitchen with dishwasher, combined bathroom/laundry, air conditioning, ceiling fans, and built-in robes to both bedrooms, it presents as an ideal secondary income stream or comfortable independent accommodation. Key Features: Main Residence: - 3 bedrooms, 1 bathroom, plus carport - Second living area with fireplace and air-conditioning - Updated kitchen with dishwasher and electric cooking - Updated bathroom - Built-in robe to main bedroom - Period features throughout - Covered rear verandah plus cosy front verandah - Double shed plus secure backyard - Secure tenancy in place until 21-08-26 paying $520pw Granny Flat: - 2 bedrooms, 1 bathroom - Open plan kitchen, dining and living - Modern kitchen with dishwasher - Combined bathroom/laundry - Built-in robes to both bedrooms - Air conditioning plus ceiling fans - Separate fenced yard with laneway access - Front and rear porch - Rental potential of $430pw Whether you're looking to secure a strong-performing investment, accommodate extended family in the future, or add a versatile asset to your portfolio, this is a property with broad appeal. Dual income properties with this level of flexibility and return potential are in high demand - act quickly, call Josh on 0448 637 509 for more information or to arrange your private inspection. *Borders are indicative only. DISCLAIMER: All information 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.
