Cushman and Wakefield are pleased to present to the market 39 & 41 Heber Street Moree for Sale via Offers to Purchase.
The property has the following key characteristics:
• Renewed 5 year lease to 2023 + options to 2032
• National Australia Bank (NAB) - ASX listed company with a market capitalisation of $72 Billion
• Moree Branch - Home to NAB agribusinesses North Western NSW division, with over 20 employees on site
• NAB - Australia’s largest agricultural lender, with a market share of 31.1%*
• Long standing tenant in occupation 20+ years
• Moree - A progressive and dynamic town situated at the heart of NSW’s northern wheatbelt, noted for its part in the Australian cotton-growing industry. It is located on the banks of the Mehi River, in the centre of the rich black-soil plains
• Positioned on the premier retail corner of Moree, being the corner of Balo and Heber Streets
• Tenant pays all usual outgoings
• Fixed 3% annual rent increases
• Net Income $165,744 pa + GST
*Approx.
For more information please contact the Exclusive agents at Cushman & Wakefield.