Moree Real Estate are pleased to list this four bedroom, one bathroom weatherboard home in Anne Street. This property is currently rented for $330 per week and boasts a 6.7% gross return. Tenants are currently on a 6 month fixed lease ending 22/06/2023 with the possibility to renew, and potentially increase the rent further given the current market conditions.

With a spacious living, dining and kitchen areas, along with a sunroom at the front of the house, this property offers attractive features for both tenants and home owners alike.

Within easy walking distance to amenities such as the Medical Centre, Local Hospital, Woolworths and the famous Moree Hot Springs (great tourist attraction) as well as a range of restaurants and schools, this house has always been easy to tenant. There remains a large demand for rentals in this price bracket.

Moree is the Agricultural centre of Northern NSW, and is primed to reap the benefits of the Inland Rail project which is currently under construction and due for completion in 2027. Already the town is seeing major economic investment and ongoing effects from this once-in-generation infrastructure improvement for regional NSW.

Priced to sell, this investment property is not one to be looked over if you are looking to maximise your returns. But it won’t last long given its price and cashflow.

KEY FEATURES:
* 4 bedrooms, bathroom
* New ducted air conditioning unit
* Polished floorboards
* Large backyard with established trees
* Patio with concrete flooring
* Walking distance to the Moree Artesian Aquatic Centre
* Close to town centre and restaurants

Don’t miss out on this opportunity – call Grady Sinclair on 0404 505 618 or Sandy Cosh on 0421 244 460 to book an inspection today.