SOLD
Sold on 30 Nov 2023 for $200,000

26 Alice Street
Moree NSW 2400

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 506m2
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Property Details for 26 Alice St, Moree

Building Type
Commercial
Land Size
506m2
Local Government
Moree Plains
Lot/Plan
7/DP1097549

Last Listing description (October 2023)

Title Details:
Parcel of land and improvements situated in the Moree Plains Shire, County of Courallie, Parish of Moree being Lot 7 DP 1097549

Zoning :

B2 - Local Centre vide Moree Plains Shire LEP 2011

Rates:
$4,273.10 p/a

Income:
Shop one and two were recently rented for $500 per week
Shop three is currently tenanted for $110 per week plus GST

Property Improvements:
* Shop 1 consists of a 84 square metre retail storeroom area and food preparation area
* Shop 2 consists of a reception, 2 x offices, kitchen and amenities including a disabled toilet, male and female toilet.
* Shop 3 consists of a demountable style office/shed set on concrete piers and has a attached galvanised iron roof and paved floor.
* 15 solar panels
* Electric steel shutters fitted on all windows.
* Air-conditioning throughout
* The property is not subject to flooding


The property is located in prime commercial real estate being just on the western side entry/exit point of the newly imported Moree by-pass traffic signals. Having dual frontage to Alice and Warialda Street, the current development is suited to a variety of tenants. The property currently leased with lasting tenants and has the capacity for two more shops to be opened along Warialda Street.

"All care has been taken in compiling this information sheet but it is prepared on instructions and details supplied by the vendor, for whom we act as agents only, and we cannot accept any responsibility for errors or omission (if any). Intending purchasers should satisfy themselves as to the correctness of these particulars."

Property History for 26 Alice St, Moree, NSW 2400

A timeline of how this property has performed in the market
Last Sold
$200,000
30 Nov 2023
Listed for Rent
26 Apr 2022
  • 30 Nov 2023
    Sold for $200,000
  • 30 Jun 2023
    Listed for Sale $300,000
  • 08 Mar 2023
    Listed for Sale $400,000 with potential 6.36% return
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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 73 properties listed for sale, and 26 properties listed for rent in Moree on OnTheHouse. According to CoreLogic's data, 188 properties were sold in the past 12 months in Moree.

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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.