Share this property


Salina Court, 161 Balo Street Moree, NSW 2400


For Sale

Salina Court, 161 Balo Street Moree, NSW 2400

Offices • Medical & Consulting • Other
Sale Price

$890,000 - 100% LEASED - 9.6% NET RETURN

Land area


Floor area


Car spaces


Parking info

Multiple parking at rear and front of building

Property extent



Commercial Core

Tenure type

Tenanted Investment


9.6% p.a.

Tenanted Investment Details

Fully Leased
Est. Incomep.a.
Number of Tenants
6 Tenants
Tenants / Type
Member Parliament - Government Tenant


  • Government anchor tenants
  • 100% Occupied
  • Gross Rent $101,259 p/a
Original circa 1930s building constructed from full brick walls, concrete floor and galvanised iron roof comprising a double storey building with large internal shops and offices. The premises are fully secured and has been extremely well maintained. The building is divided into individual retail/shops/offices.

The government anchor tenants have been occupying the same space for approximately 16 years serving 4 x 4 year terms. The space is fit out for the government and would appear that the tenants would likely sign a new 2 x 4 year term at the end of the current lease.

AREA: 888.9 sqm

LOCATION: The property is situated in the heart of Moree CBD.

SERVICES: All normal town services are available and connected including town power, water, telephone, sewerage, internet.

TITLE: Freehold. Lot 2 DP 600708

ZONING: B3 - Commercial Core vide Moree Plains LEP 2011. Enquiries with Moree Plains Shire Council Planning Department indicate that all development conforms.

COUNCIL RATES: $13,215.40 p/a

INCOME: Strong government anchor tenants in place also pay 29% of all outgoings. Medical, dental and solicitor tenants in place also. Current gross rent $101,258.77 p/a. The property is 100% occupied.

"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."

Additional information

Virtual tours

Property ID: 502387894Last Updated: 14 Jul 2019

02 6 *** ***
Salina Court, 161 Balo Street
Moree, NSW 2400

Agency contacts

Moree Real Estate - Moree

View Profile

Moree Real Estate - Moree

82 Balo Street
progress tick

Sending email...

Email enquiry

Send to:

Moree Real Estate - Moree
Salina Court, 161 Balo Street Moree, NSW 2400

I’m interested in this property. Could you please provide me with more information.

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call