338 Frome Street, MOREE NSW 2400
$240,000 - 6.55% NET RETURN
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- 29 Nov 2016
PRIME LOCATION WITH TENANT IN PLACE
The subject property is very well located on Frome street with surrounding developments including McDonalds, KFC, a service station, Moree Medical centre and other similar type of business.
Title - Lot 1 DP 3414973
Area - 1012 sqm
Zoned B3 - Commercial Core vide Moree Plains Shire LEP 2011 and is perfect for any retail or goods and services you have to offer to Moree.
Rates - approximately $5,428.35 p/a
Rental - Long term tenants currenltly paying $430 per week.
Net Return - 6.55%
Property Improvements -
* Brick and Aluminium Shop Front with Original Weatherboard Building to the Rear
* Central Location Opposite McDonald's and Caltex in South Moree
* Building approximately 147 m2
* Kitchen & bathroom facilities
* Offices + front showroom/reception area
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
338 Frome Street MOREE