MAMMOTH Rent Return in Great Location

MRE are pleased to list up this gem of an investment opportunity located at 33 Iris Street, Moree. The property is currently 100% leased and is yielding $1350 per week!

This property comprises multiple leases - lease information is available for genuine purchasers. It consists of 4 leased rooms on the Ground Floor and the First floor is also leased separately. The five leases total $1350 per week!

It's extremely rare to find such a high yielding investment property in the North Moree area so be sure not to miss this opportunity.

Ground Floor Features:
* 4 bedrooms
* 2 Bathrooms plus third toilet
* Carport
* Split System
* Ground Floor made up of 4 x $250/week lease agreements

First Floor Features:
* 2 Bedrooms
* Bathroom - Renovation 6 Years old
* Single Garage
* Split System
* Wood Fire Heater
* Vinyl plank throughout
* Leased at $350 per week

COUNCIL RATES:
$3423.98 (01.07.2024 - 30.06.2025)

WATER RATES:
Most recent water bill $349.32 (06.03.2024 - 29.06.2024)

Full exterior paint of the property was completed in December 2023.

To book your inspection, please contact Grady Sinclair on 0404 505 618.