Retail Sold - NSW - Moama - 2731 - SOLD $1,182,000
Executors Auction
Central Moama Freehold - 2 Premises. One Title
-Moama Post office
-DS Accountants (Image 2)

39 Meninya Street Moama NSW 2731

Sold $1,106,000

Property Type Retail
Land area approx 380sqm
Floor area approx 360sqm
Region Murray
Locality Murray River

Tags: Development

SOLD $1,182,000 Executors Auction Central Moama Freehold - 2 Premises. One Title -Moama Post office -DS Accountants

* Long standing tenants (including one national tenant).
* Securely leased buildings in the heart of Moama's main street.
* Will benefit from the recent re-development grant secured for Meninya Street.
* Securely leased buildings in prominent high profile corner location.
* Two street frontages.
* Will benefit from the recent re-development grant secured for Meninya Street.

CURRENT RENT:
1. Moama Post Office.
Rent $32,851.14 plus GST
From 1/1/2023 3 year term plus 2 further terms of 3 years.
CPI rental increases annually.

2. DS Accounting Moama.
Rent $28,130 plus GST
From 1/7/2023 3 year term plus 2 further terms of 3 years.
CPI Increases annually.

Total Net Rent: $60,981.00 ( Approx )
Total Land Area: 380 M2
Total Build Area: 360 M2

An outstanding opportunity to secure commercial real estate in the thriving part of central Moama.

This property will take place at 'The Mercure Port of Echuca' at 465 High Street, Echuca on Saturday 6th April at 1pm.