Real Estate Australia

INVESTMENT OPPORTUNITY | ACCOMMODATION & COMMERCIAL
$690,000

Property Location: 7-113 Balo St MOREE - 0 - NSW

Listing Id: 21534271  

Details	Bedrooms: 16    Bathrooms: 4
Land	Size: 1121 Square Mtr Approx
Description: Moree Real Estate has been instructed to sell this property on behalf of the Mortgagees. Priced To Sell! Established in 1929, The Imperial Hotel is arguably the most recognisable building in Moree, presenting old world charm at every turn. Located on the main intersection of Moree, with double frontage to Balo and Heber St. Multiple opportunities to investors with three distinct sections: a 16-room hotel accommodation, a commercial shop with street frontage, and a vacant pub. Accommodation: 1. 16 rooms (double/single bed, wardrobe, vanity, air-con) with balcony access 2. Shared kitchen, laundry & bathroom 3. 483m² total plus lobby 4. Renting $210/week per room 5. Potential Income: - $174,720 p.a. at full occupancy Commercial Shop: 1. 120m² street-front shop on Heber St 2. Potential to expand into adjoining vacant pub 3. Previously leased at $411/week 4. Potential Income: - $21,372 p.a. Vacant Pub: 1. 500m² with bar, cool rooms, kitchen, amenities & back lane access 2. Pub licence inactive - ideal for restaurant, venue, storage or new venture 3. Huge potential to add income or combine with shop Key Points: 1. Combined potential rental yield: up to - $196,092 p.a. (pub upside not included) 2. Currently under-utilised asset that can generate high-yield consistent income 3. Prime opportunity to revitalise & boost returns Contact Sandy Bailey 0406 109 492 for more information or to arrange an inspection today.

INVESTMENT OPPORTUNITY | ACCOMMODATION & COMMERCIAL
$690,000

Contact Moree Real Estate Today!!!

Contact Alexander Bailey (Sandy)
Phone 0406 109 492

Property ID:21534271
Click here to format this page for printing

<<Go Back<<

Disclaimer:
We assume no responsibility for the accuracy of information contained on this website,
interested parties must make their own enquiries with this agency!
E-Mail here

A division of All Real Estate Guide - Australia www.Real-Estate-Australia.com.au Another Webvertorials Internet Design

NSW Real Estate - Sydney Real Estate - Central Coast Real Estate - Newcastle Real Estate - Port Stephens Real Estate Hunter Valley Real Estate - Tamworth Real Estate - Port Macquarie Real Estate - Coffs Harbour Real Estate - Ballina Real Estate QLD Real Estate - Gold Coast Real Estate - Brisbane Real Estate - Sunshine Coast Real Estate - Rockhampton Real Estate Mackay Real Estate - Airlie Beach Real Estate - Townsville Real Estate - Cairns Real Estate Victorian Real Estate - Melbourne Real Estate - South Australian Real Estate - Adelaide Real Estate Tasmanian Real Estate - Hobart Real Estate - West Australian Real Estate - Perth Real Estate Northern Territory Real Estate - Darwin Real Estate Rural Real Estate - Prestige Real Estate - Commercial Real Estate Commercial Real Estate - Australia © 2000. All Rights Reserved. Privacy Policy Powered By www.Real-Estate-Australia.com.au