Moree

338 Frome Street

$240,000 - 6.55% NET RETURN

1

PRIME LOCATION WITH TENANT IN PLACE

The subject property is very well located on Frome street with surrounding developments including McDonalds, KFC, a service station, Moree Medical centre and other similar type of business.

Title - Lot 1 DP 3414973

Area - 1012 sqm

Zoned B3 - Commercial Core vide Moree Plains Shire LEP 2011 and is perfect for any retail or goods and services you have to offer to Moree.

Rates - approximately $5,428.35 p/a

Rental - Long term tenants currenltly paying $430 per week.

Net Return - 6.55%

Property Improvements -

* Brick and Aluminium Shop Front with Original Weatherboard Building to the Rear

* Central Location Opposite McDonald's and Caltex in South Moree

* Building approximately 147 m2

* Kitchen & bathroom facilities

* Offices + front showroom/reception area

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