71 Heber Street, Moree

This is a unit in 1/DP779087 Moree NSW. The local government is Moree Plains, featuring 0 bedrooms, 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
1568 m2
Building size
-
Council area
Moree Plains
Year built
n/a
Lot plan
1/DP779087 Moree NSW
House type
Business



HISTORY

Last sold 13/05/2017
$835,000



LISTING DESCRIPTION
as of October 2016

Freehold Large Format Retail Investment. 10 Year Lease. Recent 10 year lease to Wayne's World to August 2025 + option.Wayne's World: discount variety chain with 9 stores in NSW & QLD.Moree: major agricultural centre, with a wealthy local demographic.Strong resident population of 13,429 people.Superb retail location proximate to national brands including.Harvey Norman, Woolworths & major banks.Landmark retail building on high profile 648 sqm corner.Attractive fixed 3.5% annual rental increases.Easily managed, single tenanted investment.Net Income: $94,021 pa + GST.