Property Details for 44 Heber St, Moree
44 Heber St, Moree is a 16 bedroom, 0 bathroom House with 2 parking spaces.
Last Listing description (September 2024)
The Imperial (44 Heber St)
*Established in 1929, the Imperial is arguably the most recognisable building in Moree, presenting old world charm at every turn. With considerable opportunity available in every department within the hotel, the undeniable strength of attributes will entice any astute operator.
*Located in the centre of Moree CBD the Imperial has 16 rooms consisting of double/single bed, wardrobe, vanity, air-conditioning and shared laundry bathroom. All rooms have their own double doors onto a balcony. The rooms upstairs are rented out at $210 per week each.
*The downstairs area used to be a pub and still has the bar area, two cool rooms, a large commercial kitchen, a lot of storge space, both men's and women's toilets and back lane access. Would make for a great restaurant. The pub area is Currently vacant.
*Also down stairs is a 120m shop space with street frontage and kitchenette currently tenanted till the 29/02/2024. At $1,646 per month.
*So with the rent from the shop and the upstairs rooms the yearly returns are $194,472 that's not including the pub.
*Total Strata levies for the Imperial are $21,681 per year.
Property History for 44 Heber St, Moree, NSW 2400
- 16 Aug 2023Listed for Sale $1,300,000
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0About Moree 2400
The size of Moree is approximately 3870.0 square kilometres. There are 37 parks, covering nearly 1.1% of the total area. The population of Moree in 2016 was 9311 people. By 2021 the population was 8962 showing a population decline of 3.8% in the area during that time. The predominant age group in Moree is 0-9 years. Households in Moree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moree work in a professional occupation.In 2021, 56.20% of the homes in Moree were owner-occupied compared with 52.60% in 2016.
Moree has 5,569 properties. Over the last 5 years, Houses in Moree have seen a 76.95% increase in median value, while Units have seen a 161.84% increase. As at 31 May 2026:
- The median value for Houses in Moree is $311,977 while the median value for Units is $311,803.
- Houses have a median rent of $420 while Units have a median rent of $300.
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