SOLD
Sold on 25 Sep 2024 for $8,985,000

10 Industrial Drive
Moree NSW 2400

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 155000m2
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Property Details for 10 Industrial Dr, Moree

Building Type
Commercial
Land Size
155000m2
Local Government
Moree Plains
Lot/Plan
1/DP607739

Last Listing description (October 2024)

10 Industrial Drive represents an opportunity to purchase a high-quality grain storage facility on the southern boundary of Moree, New South Wales within easy access of the Newell Highway. Zoned IN1 General Industrial, this block also lends itself to further development with a large area not currently utilised.

A fully fenced and secure facility on 15.52 hectares offers the successful purchaser a combined storage capacity of approximately 80,000 tonnes comprising sheds and vertical silo storage.

Substantial operations infrastructure includes: -

67,400 tonne storage which consists of 5 sheds
10 x 1,100 tonne silos with an integrated loading/unloading system
4 x 150 vertical silo storage
36m x 120 tonne weighbridge
Large Office
Workshop
Large truck parking area outside the fenced compound
Shed 1, Shed 2, Silo Complex 1 and Silo Complex 2 are all gas sealed

A comprehensive re-sealing and upgrade programme was completed in early 2019 including laser levelling of the northern side of the property lending itself to future development potential.
The ability to segregate both grain and fertiliser makes this property an attractive investment.

Property History for 10 Industrial Dr, Moree, NSW 2400

A timeline of how this property has performed in the market
Last Sold
$8,985,000
25 Sep 2024
  • 25 Sep 2024
    Sold for $8,985,000
  • 10 May 2019
    Listed for Sale Not Disclosed
  • 04 May 2001
    Sold for $1,300,000
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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 5,522 properties. Over the last 5 years, Houses in Moree have seen a 85.07% increase in median value, while Units have seen a 104.47% increase. As at 31 October 2024:

  • The median value for Houses in Moree is $277,500 while the median value for Units is $249,086.
  • Houses have a median rent of $380 while Units have a median rent of $275.
There are currently 70 properties listed for sale, and 32 properties listed for rent in Moree on OnTheHouse. According to CoreLogic's data, 187 properties were sold in the past 12 months in Moree.

Suburb Insights for Moree 2400

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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.