43 Alliance AvenueMorisset NSW 2264
Property Details for 43 Alliance Ave, Morisset
Last Listing description (March 2025)
Property Highlights:
Modern Construction: Built in 2021 by GWH, featuring durable concrete and Colorbond construction.
Land Area: 1,522m (Subject to sales contract)
Dual Tenancy: Secure income stream from two established tenants:
Tenancy 1: Coastal Commercial Flooring Pty Ltd (Wholesale flooring), occupying 585m. 5-year lease commencing 08/07/2024.
Tenancy 2: MOSEY ON PTY LTD (Mosey Coffee Roasters), occupying 63m. 3-year lease.
Combined Net Rent: $137,000 per annum.
Strong Returns: Capitalised ROI of 6.2% based on purchase price of $2,200,000.
Established Tenants: Both tenants have defined lease terms with clear rent review structures.
Favourable Lease Terms: Tenants responsible for proportionate building outgoings.
Investment Summary: This property presents a compelling opportunity to acquire a recently constructed, dual-tenanted commercial asset in a growing area. Benefit from a stable income stream and strong long term tenant lease agreements.
Property History for 43 Alliance Ave, Morisset, NSW 2264
- 20 Mar 2025Listed for Sale $2,200,000
- 20 Mar 2025Sold for $2,200,000
- 09 Dec 2021Sold for $1,269,500
Recent sales nearby
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About Morisset 2264
The size of Morisset is approximately 26.9 square kilometres. There are 25 parks, covering nearly 50.9% of the total area. The population of Morisset in 2016 was 3213 people. By 2021 the population was 4078 showing a population growth of 26.9% in the area during that time. The predominant age group in Morisset is 70-79 years. Households in Morisset are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morisset work in a professional occupation.In 2021, 55.60% of the homes in Morisset were owner-occupied compared with 63.20% in 2016.
Morisset has 3,066 properties. Over the last 5 years, Houses in Morisset have seen a 52.00% increase in median value, while Units have seen a 53.88% increase. As at 31 July 2026:
- The median value for Houses in Morisset is $924,621 while the median value for Units is $665,535.
- Houses have a median rent of $620 while Units have a median rent of $635.
Suburb Insights for Morisset 2264
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