Brand New Lease to NSW Government Just Refurbished Building
80 Balo Street , Moree NSW
Property Highlights
New lease - SNSW Government Office
Recently refurbished
Central location - major centre
Description
New 4 year lease (from 16 August) to NSW Government
Newly refurbished building in busy town centre location
Rare affordable premium tenant investment
For Sale by Expressions of Interest
Offers closing at 4pm Thursday 26 September 2019
Unless sold prior
2 x 4 year options, Government tenant up to 2031
Moree: major agricultural centre, with a wealthy local demographic
Strategic 496 sqm central CBD land parcel
Service NSW internal area 250 sqm + 2 parking spaces
Valuable depreciation benefits
Generous fixed 3% annual rent increases (Net Income $59,965 pa + GST in 2022)
Easily managed Govt. tenant investment
Net Income: $54,729 pa + GST
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Land Size
496 SQM
Building Area
250 SQM