OFF MARKET

44 Morago Street
Moulamein NSW 2733

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1183m2
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Property Details for 44 Morago St, Moulamein

Building Type
Commercial
Land Size
1183m2
Local Government
Murray River
Lot/Plan
45/DP803812

Last Listing description (October 2023)

Phone enquiries - please quote property ID 15367.

This is an excellent opportunity for those seeking community living with a prime commercial asset and business. This IGA Xpress supermarket is being sold FREEHOLD including the business and the commercial property title. Only four and a half hours from Melbourne, Victoria.

THE FREEHOLD:-

The land area is 1183m2 with a commercial shop of over 300m2 and plenty of storage areas. There is also a separate residence within walking distance from the premises for those seeking close proximity to the shop.

THE BUSINESS:-

Taking 22,000per week approx

Established now for many years (run by the current owner for 21 years), this IGA supermarket is part of the community and is the only store of its kind servicing the local and wider community. Services include:-
General supermarket items
Fresh Fruit and Veggies
ATM
Special license for some chemist lines,
Hardware and plants

The business currently trades 7 days per week (Saturday and Sunday are half days). It has good staff in place, currently 4 casuals who are very reliable. This is the ideal business for either a husband and wife team or even a family business. It is a needed service in town for the local and wider community, as the nearest town is 72km away. It has proven itself worthy of a profitable business for many years.

THE STOCK:-

All plant, equipment, hardware, fixtures, and fittings will be included in the price.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property History for 44 Morago St, Moulamein, NSW 2733

A timeline of how this property has performed in the market
Last Sold
$165,000
07 Aug 2023
  • 07 Aug 2023
    Sold for $165,000
  • 19 Apr 2015
    Listed for Sale $310,000 plus stock
  • 04 Jul 2012
    Listed for Sale 380000
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About Moulamein 2733

The size of Moulamein is approximately 1,845.4 square kilometres. It has 2 parks. The population of Moulamein in 2011 was 593 people. By 2016 the population was 481 showing a population decline of 18.9% in the area during that time. The predominant age group in Moulamein is 50-59 years. Households in Moulamein are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Moulamein work in a managers occupation. In 2011, 63.6% of the homes in Moulamein were owner-occupied compared with 70.3% in 2016.

Moulamein has 443 properties. Over the last 5 years, Houses in Moulamein have seen a 32.83% increase in median value, while Units have seen a 54.95% increase. As at 31 August 2024:

  • The median value for Houses in Moulamein is $178,122 while the median value for Units is $360,452.
There are currently no properties listed for sale, and no properties listed for rent in Moulamein on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Moulamein.

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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.