58 Lachlan Street, South Kempsey, NSW 2440

$475,000

House
Type
4
Bedrooms
1
Bathrooms
2
Parkings
1,214 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 58 Lachlan Street, South Kempsey, NSW 2440)

$475,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile four-bedroom home on a large, fully fenced block with flexible MU1 zoning, offering excellent investment and development potential in South Kempsey.

🏡 Property Highlights

  • Generous 1,214sqm fully fenced block offering ample outdoor space
  • Flexible MU1 Mixed Use Zoning supporting residential, commercial, and light industrial uses (STCA)
  • Currently tenanted at $450 per week with a long-term lease until 25.02.2027
  • Neat and character-filled home with timber floorboards and four spacious bedrooms
  • Convenient location close to schools, shops, and public transport
  • Double garage with laneway access providing secure parking and storage options

✨ Key Features

  • Air Conditioning
  • Timber Floorboards
  • Double Garage
  • Outdoor Area
  • Fully Fenced Yard
  • Open-Plan Living
  • Home Office / Study
  • Waterfront / Views
  • Security Screens / Gates
  • Open-Plan Living

South Kempsey offers a convenient and accessible lifestyle with close proximity to schools, shops, and public transport. The area features a mix of residential and light industrial properties, making it ideal for investors and developers. Its large land parcels and flexible zoning support future growth and diversification. The community is welcoming, with essential amenities nearby, ensuring a practical and vibrant living environment.

What are the current uses permitted under the MU1 zoning for this property?
The MU1 zoning allows for a mix of residential, commercial, and light industrial uses, subject to council approval and planning regulations.
Is there potential for future development or subdivision on this large block?
Yes, the 1,214sqm parcel with MU1 zoning offers potential for future development or subdivision, subject to council approval and compliance with local planning policies.
What are the current tenancy details and rental income?
The property is currently tenanted at $450 per week under a 12-month lease until 25.02.2027, providing immediate income.
Are there any restrictions or covenants affecting the property?
The property is subject to council zoning and planning regulations; specific restrictions or covenants should be verified with local authorities.
What are the ongoing costs associated with the property?
Annual council rates are approximately $3,749.54, with additional costs for maintenance, insurance, and utilities.
Are there any planned developments or zoning changes in the area that could affect the property's value or use? Are there any existing easements, covenants, or restrictions on the land that could limit future development? Has the property been inspected for structural issues, pests, or other defects? Are there any flood or bushfire risks associated with the location? What are the strata or body corporate arrangements if applicable, and are there any associated fees or restrictions?

58 Lachlan Street, South Kempsey, NSW 2440 - More Details

$475,000

Set on a generous 1,214sqm parcel in a convenient South Kempsey location, this property presents an increasingly rare chance to secure space, flexibility, and future upside all in one. With schools, shops, and public transport close by, it offers a practical lifestyle today, while opening the door to something more tomorrow - whether that's enhancing, investing, or exploring development potential.

The home itself is neat, comfortable, and full of character, offering four well-sized bedrooms, a functional layout, and timber floorboards that bring warmth throughout. Air conditioning ensures year-round comfort, while the current tenancy at $450 per week provides immediate income from day one. Outside, the fully fenced yard offers plenty of room for kids and pets, and the double garage with access via the laneway adds valuable space for vehicles, storage, or a workshop setup.

Property Features:
- 4 bedroom, 1 bathroom, 2 car
- Air conditioning, timber floorboards
- Currently tenanted at $450 per week in a 12 month lease until 25.02.2027
- Large 1,214sqm fully fenced block
- Double garage, access via side laneway
- Council rates: $3,749.54pa (as of 24/25 financial year)

What truly sets this property apart is its MU1 Mixed Use Zoning, offering a level of flexibility rarely found in residential holdings. Designed to support a mix of residential, commercial, and light industrial uses (STCA), this zoning allows for a range of future possibilities - from home-based business or dual-purpose use, through to re-development potential down the track. It's a valuable layer of opportunity that extends well beyond the home itself.

Opportunities like this don't come up often - a large block, solid home, established income, and flexible zoning all in one package. Whether your looking to invest, add value, or secure a property with long-term potential, this is one that deserves your attention.

For more information or to arrange your private inspection call Josh on 0488 637 509.

*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.
Type
House
Bedrooms
4
Bathrooms
1
Parkings
2
Area
1,214 m²
House Size
116 m²

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