34 Betts Street

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About this property

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 $940 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 $420pw 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.

Property Features

Location & Nearby

Approximate location shown. Contact agent for exact address.