Office(s) For Sale - NSW - Moree - 2400 - High Yield CBD Investment Opportunity - 10% Net Return! (Image 2)

96 Balo Street Moree NSW 2400

For Sale $950,000 + GST If Applicable

Under Offer

Property Type Office(s)
Land area approx 485sqm
Region Northern Inland
Locality Moree Plains

High Yield CBD Investment Opportunity - 10% Net Return!

MRE are delighted to offer 96 Balo Street, Moree to the market for sale via Private Treaty. This retail space is located right in Moree's main street and offers some of the best commercial exposure in town.

This property is an ideal commercial space for retail businesses, surrounded by major brands including Supercheap Auto, Woolworths, Subway & Harvey Norman.

* Commanding 485 square metres - Commercial Core zoning
* Circa 10% net return
* Rare high yielding commercial investment
* High profile main street location with rear lane access
* Current Rent - $113,577
* Fully Occupied Rent - $124,922. Suite 2 currently vacant - Previous Rent $11,345 + GST
* 3 Current Tenancies

Price guide: $950,000 (circa 10% net yield)

Please contact Paul Kelly on 0428 281 428 for more information.