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7-113 Balo St
Moree NSW 2400
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7-113 Balo St Moree NSW 2400

  • Hotel, Motel, Pub & Leisure
  • 1,121 m²
  • For Sale, Offers over $900,000

Imperial Hotel Moree

    FOR SALE
    Established in 1929, The Imperial Hotel is arguably the most recognisable building in Moree, presenting old world charm at every turn. Located on the main intersection of Moree, with double frontage to Balo and Heber St.
    Multiple opportunities to investors with three distinct sections: a 16-room hotel accommodation, a commercial shop with street frontage, and a vacant pub.
    Accommodation
    - 16 individual rooms consisting of double/single bed, wardrobe, vanity, air conditioning and shared kitchen, laundry and bathroom. All rooms have their own double doors onto a balcony
    - 483m2 total floorspace plus expansive lobby entryway
    - Currently rooms are rented at $210/week with bookings and operations managed by a local property agent
    - $174,720 p.a. rental opportunity
    Commercial Shop
    - 120m2 street frontage commercial shop on Heber St
    - Connects to the vacant pub, with ability for the commercial shop to use the pub space to expand the Net Lettable Area
    - Currently vacant. Previously rented for $411/week $21,372 p.a. rental opportunity Vacant Pub
    - Vacant pub with large bar area, two cool rooms, large commercial kitchen, male and female toilets and back lane access
    - Approx. 500m2 with large expansive open areas for clientele
    - Pub licence no longer active. Potential to revitalise as a restaurant, entertainment space, storage, or other commercial venture, with only upside from its current configuration
    - Total potential yearly revenue of $196,092 p.a. (not including vacant pub) with the upside of the untapped potential to turn the vacant pub into a further high yielding rental or combine with the commercial shop
    Your opportunity to revitalise this underserved quality asset to generate substantial high-yield consistent income

    North West Real Estate and Livestock
    North West Real Estate and Livestock
    Shop 1, 113 Balo Street
    Moree, NSW 2400

    Property Highlights

    Floor AreaAsk Agent
    Land Area1,121 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019333678
    Category
    Last updated  7 Nov 2024
    Map for 7-113 Balo St Moree NSW 2400
    North West Real Estate and Livestock
    North West Real Estate and Livestock
    Shop 1, 113 Balo Street
    Moree, NSW 2400

    Property Highlights

    Floor AreaAsk Agent
    Land Area1,121 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019333678
    Category
    Last updated  7 Nov 2024

    Listed by

    Allan Gobbert
    North West Real Estate and Livestock
    Call
    0428 523 375

    More about 7-113 Balo St Moree NSW 2400

    7-113 Balo St Moree NSW 2400 is categorized as Hotel, Motel, Pub & Leisure Property. It has a land area of 1,121 m². The listing ID for this property is 2019333678.

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