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.
