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

Auction
11am AEST Tuesday 17 September 2019
Doltone House Hyde Park, Sydney

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
Gross Building Area
250 SQM

Contact Agents

Michael Gilbert

+610 430 024790

Rhys Parker

0451 101 042

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