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Entry Level Circa 10% Yield Investment | 100% Leased Freestanding CBD Building

96 Balo Street, Moree NSW

Property Highlights

100% Leased Freestanding Building
Prime Main Street CBD Location
Strategic 485sqm Landholding
Register to Bid

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

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
485 SQM
Building Area
1 SQM

Price

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