Entry Level Circa 10% Yield Investment | 100% Leased Freestanding CBD Building
96 Balo Street, Moree NSW
Property Highlights
Description
Burgess Rawson is pleased to offer to the market 96 Balo Street, Moree NSW for sale via Private Treaty.
The property has the following investment highlights:
+ Rare affordable high yielding commercial investment
+ 100% leased to complementary retail and commercial tenants all on new or renewed leases from 2023
+ Commanding 485sqm* core CBD landholding
+ Improved with substantial two storey freestanding building
+ Moree is the most productive agricultural region in Australia & is set to become the economic engine room for northern NSW
+ Prized high profile main street location with valuable rear lane access
+ Surrounded by major brands including Supercheap Auto, Woolworths, Subway & Harvey Norman
+ Net Income: $98,146 pa + GST
For Sale via Private Treaty
Price Guide: $975,000 (circa 10% yield)
Please contact the exclusively appointed sales team for more information.
*Approx
Property Details