161 Balo Street Moree NSW 2400
- 888 m²
- For Sale, $870,000 9.82% NET RETURN
STRONG 9.82% NET RETURN - 100% OCCUPIED
Original circa 1930s building constructed from full brick walls, concrete floor and galvanised iron roof comprising a single storey building with large internal shops and offices. The premises are fully secured and has been extremely well maintained. The building is divided into individual retail/shops/offices.
AREA: 888.9 sqm
LOCATION: The property is situated in the heart of Moree CBD.
SERVICES: All normal town services are available and connected including town power, water, telephone, sewerage, internet.
TITLE: Freehold. Lot 2 DP 600708
ZONING: B3 - Commercial Core vide Moree Plains LEP 2011. Enquiries with Moree Plains Shire Council Planning Department indicate that all development conforms.
COUNCIL RATES: $13,215.40 p/a
INCOME: Strong Government anchor tenants in place also pay 29% of all outgoings. Medical, dental and solicitor tenants in place also. Current gross rent $101,258.77 p/a. The property is 100% occupied.
"All care has been taken in compiling this information sheet but it is prepared on instructions and details supplied by the vendor, for whom we act as agents only, and we cannot accept any responsibility for errors or omission (if any). Intending purchasers should satisfy themselves as to the correctness of these particulars."
|Address||161 Balo Street Moree NSW 2400|
|Zoning||B3 Commercial Core|
|Council||MOREE PLAINS SHIRE COUNCIL|
|We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.|
|Floor Area||888 m²|
|Land Area||Ask Agent|
|Annual Return||Ask Agent|
|Last updated||30 May 2019|