SOLD
RECENT ADVICE
Sold on 08 Apr 2024 for $1,106,000

39 Meninya Street
Moama NSW 2731

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 360m2
Land area: 380m2
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Property Details for 39 Meninya St, Moama

Building Type
Commercial
Floor Size
360m2
Land Size
380m2
Local Government
Murray River
Lot/Plan
1/DP954687

Last Listing description (April 2024)

* Long standing tenants (including one national tenant).
* Securely leased buildings in the heart of Moama's main street.
* Will benefit from the recent re-development grant secured for Meninya Street.

* Securely leased buildings in prominent high profile corner location.
* Two street frontages.
* Will benefit from the recent re-development grant secured for Meninya Street.

CURRENT RENT:
1. Moama Post Office.
Rent $32,851.14 plus GST
From 1/1/2023 3 year term plus 2 further terms of 3 years.
CPI rental increases annually.

2. DS Accounting Moama.
Rent $28,130 plus GST
From 1/7/2023 3 year term plus 2 further terms of 3 years.
CPI Increases annually.

Total Net Rent: $60,981.00 ( Approx )
Total Land Area: 380 M2
Total Build Area: 360 M2

An outstanding opportunity to secure commercial real estate in the thriving part of central Moama.

This property will take place at 'The Mercure Port of Echuca' at 465 High Street, Echuca on Saturday 6th April at 1pm.

Property History for 39 Meninya St, Moama, NSW 2731

A timeline of how this property has performed in the market
Last Sold
$1,106,000
08 Apr 2024
  • 06 Apr 2024
    Sold for $1,106,000
  • 05 Mar 2024
    Listed for Sale Sold $1,106,000
  • 15 Jan 1987
    Sold for $47,000

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About Moama 2731

The size of Moama is approximately 577.8 square kilometres. It has 17 parks covering nearly 20.7% of total area. The population of Moama in 2011 was 5,559 people. By 2016 the population was 6,162 showing a population growth of 10.8% in the area during that time. The predominant age group in Moama is 60-69 years. Households in Moama are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moama work in a managers occupation. In 2011, 70.1% of the homes in Moama were owner-occupied compared with 71.2% in 2016.

Moama has 6,273 properties. Over the last 5 years, Houses in Moama have seen a 81.40% increase in median value, while Units have seen a 50.74% increase. As at 31 August 2024:

  • The median value for Houses in Moama is $792,075 while the median value for Units is $350,888.
  • Houses have a median rent of $620 while Units have a median rent of $415.
There are currently 173 properties listed for sale, and 13 properties listed for rent in Moama on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Moama.

Suburb Insights for Moama 2731

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Contact agent
Troy OBrien
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Gary Wood
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Charles L King & Co First National - ECHUCA
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.