OFF MARKET

1 Adelaide Street
Moree NSW 2400

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 119m2
Land area: 1688m2
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Property Details for 1 Adelaide St, Moree

1 Adelaide St, Moree is a bedroom, bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 1688m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in September 2004.

Building Type
Unit
Year Built
1985
Floor Size
119m2
Land Size
1688m2
Local Government
Moree Plains
Lot/Plan
2/DP572208

Last Listing description (December 2014)

Gross return = 10.7% to 12.03% on asking price....
Brief outline of the complex on offer: * 18 x 2 bedroom brick veneer villas * Each with lock up garage * Tiled living areas * Internal laundries * Evaporative air-conditioning * Current rents of $120.00 per week * Potential to increase rents * TOTAL SITE AREA OF 7,082 SQ. METERS -yes that's right. * Strata titled and available individually or in one line. * That's a little over $58,000 each * You couldn't build them for that..... ACT QUICKLY.
Approx. outgoings: Land rates = $2,982.67 P.A. Water rates = $3,066.02 P.A. All villas are metered separately (both water and electricity). Brick dividing walls to roof with each villa. About a 20 minute walk (2 minute drive) to the center of town. It's possible to improve the villas and then re let at a greater figure then the $120.00 a week that is being paid.

Additional feature/s - Returning $112.

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Property History for 1 Adelaide St, Moree, NSW 2400

A timeline of how this property has performed in the market
Last Sold
$81,500
22 Sep 2004
  • 26 Jul 2013
    Listed for Sale $1,050,000
  • 16 Jul 2010
    Listed for Sale $1,050,000
  • 22 Sep 2004
    Sold for $81,500

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About Moree 2400

The size of Moree is approximately 3,870 square kilometres. It has 37 parks covering nearly 1.1% of total area. The population of Moree in 2011 was 9,346 people. By 2016 the population was 9,324 showing a population decline of 0.2% in the area during that time. The predominant age group in Moree is 0-9 years. Households in Moree are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moree work in a professional occupation. In 2011, 55.3% of the homes in Moree were owner-occupied compared with 52.6% in 2016.

Moree has 5,515 properties.

    There are currently 67 properties listed for sale, and 44 properties listed for rent in Moree on OnTheHouse. According to CoreLogic's data, 221 properties were sold in the past 12 months in Moree.

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