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About this property
RentBetter Property ID: 424042 (quote when calling) Attention investors, renovators, builders and property bargain hunters this is the affordable regional NSW opportunity you've been waiting for. Positioned on a fully fenced 506m² block in a convenient central Moree location, this property offers enormous upside for buyers looking to add value and capitalise on Moree's growing rental demand and strengthening market conditions. The existing structure remains in place, offering the ideal foundation for a value add renovation project without starting from scratch. Previously affected by fire damage, this is a rare opportunity for investors and renovators to restore the property and capitalise on Moree's growing market and strong rental demand. The property primarily requires roof replacement and repairs, presenting a straightforward pathway to manufacture equity and unlock excellent rental yield potential. With renovations completed, the property has the potential to achieve approximately $400 per week in rent, making it an attractive high yield investment in one of regional NSW's most affordable markets. As demand for affordable rentals continues to rise, Moree is increasingly being recognised by investors chasing strong cash flow and long-term growth potential. Property Features: - 506m² fully fenced block - Existing home structure can be retained - Major value add opportunity - Roof replacement and repairs required - Potential rental return of approx. $400 per week post-renovation - Strong rental yield and positive cash flow potential - Affordable entry into the NSW property market - Walking distance to schools, shops, hospital & town amenities - High-demand regional rental market - Excellent renovator or investor project - Opportunity to renovate, rent, flip or hold - Strong future growth potential in Moree market Affordable investment properties with this level of upside are becoming increasingly difficult to find. Whether you're looking to expand your portfolio, secure your next renovation project or enter the market at an affordable price point, 321 Balo Street presents outstanding potential with immediate value-add opportunity. Invest, renovate and capitalise on Moree's growing market momentum. Opportunities like this do not last long. Kindly rely on own further queries.
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Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Land Area
- 506m²
- Listed
- 1 week ago
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