Real Estate Australia

Multiple Tenancies - Great Return
$350,000 plus GST if applicable

Property Location: 307 Gosport Street MOREE - 0 - NSW

Listing Id: 21485049  

Land

Size: 1509 Square Mtr Approx

Description: MRE are pleased to list 307 Gosport Street to the Moree market for immediate sale! Priced to sell and offering a great return on your investment, this property is one you won't want to miss. Lot 1 DP619087 Sitting on 1,509 square metres of commercial land, this property is set up to accommodate 6 separate leases. Another option for the potential purchaser would be to move in and continue running their business in a large shed with great industrial positioning. All tenants are long-term but on month to month arrangements: 1 - Bevan Heatan : 01/01/2014 - Monthly: $660 , Annual: $7,920 2 - Namoi Electrical : 15/07/2023 - Monthly: $1,040 , Annual: $12,480 3 - Peter Lowary : 01/08/2023 - Monthly: $315 , Annual: $3,780 4 - Daley Air : 27/03/2017 - Monthly: $315 , Annual: $3,780 5 - Vacant 6 - Marshall Plumbing : 21/04/2003 - Monthly : $260 , Annual: $3,120 Income Summary: Current Gross Rental Income: $31,080 p.a. Less Rates: $5,828 Less Insurance: $1,888 Net Rental Income: $23,364 p.a. Additional Potential Income: Shed 5 (Vacant): $350/month = $4,200 p.a. Potential Total Rental (Fully Leased): $27,564 p.a. All rentals exclude GST, as owner is not registered. Inspections available via booking with selling agent Paul Kelly 0428 281 428

Multiple Tenancies - Great Return
$350,000 plus GST if applicable

Contact Moree Real Estate Today!!!

Contact Paul Kelly
Phone 0428 281 428

Property ID:21485049