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Retail

5/147 Balo Street Moree, NSW 2400

Sold for $175,000 on 17 Mar 2025
  • Building/Land: 56m²
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Retail in Moree

IN THE HEART OF MOREE'S CBD - 11.25% GROSS RETURN

  • Building/Land: 56m²
  • 11.25% gross return
  • Strata titled shop with main Street frontage
  • Currently used as a tobacconist
  • B3 Commercial Core zoning
  • Fantastic position in the centre of the Moree CBD
  • Great exposure to pedestrians and passing traffic
  • Shop approximately 56m2
  • Split system air conditioner
  • Lease in place until 21/11/2026
  • Tenanted at $1,875 per month ($22,500 per annum)
  • Council rates approx. $2,990.30 per annum (paid by tenant)
  • Situated in Balo Street close to banks, cafes and retail shops
  • Convenient car parking in the Street or at rear of building
  • Opportunity to capitalise on the growth of Moree
Building:

56m²

Land:

56m² / 0.01 acres

Zone:

B3 Commercial Core

Tenancy:

Vacant

5/147 Balo Street, Moree, NSW 2400