Mona Vale
1/2 Bungan Lane
Sale
$950,000 + GST
103 sqms
Key details
Property Type
Retail
Highlights
Calling all Investors – Prime Mona Vale Location / Solid Tenant / Net Yield: 4.4% pa
Upstate Commercial is pleased to offer Shop 1/2 Bungan Lane, Mona Vale a well-presented ground-level retail space situated in the heart of Mona Vale's bustling business precinct. This strata-title property offers a secure investment with an existing tenancy and is an ideal addition to any investment portfolio.
Upstate Commercial is pleased to offer Shop 1/2 Bungan Lane, Mona Vale a well-presented ground-level retail space situated in the heart of Mona Vale's bustling business precinct. This strata-title property offers a secure investment with an existing tenancy and is an ideal addition to any investment portfolio.
* Total Area: 103sqm (approx.)
* Open-plan layout with polished concrete floors and exposed air-conditioning system
* Floor-to-ceiling windows providing excellent natural light
* Internal kitchenette
* Under stair storage (10sqm approx.)
* Ceiling height 2.4m approx..
* Air-conditioned throughout
* Public parking in the adjoining lane and nearby Northern Beaches Council parking station
* Net Yield: 4.4% p.a.
* Lease Details: 3 years + 3 year option
* Current rental: $60,000 Gross + GST
* Annual rent reviews: 4%
* Tenant: Popular, well-known local hairdressing salon
* Zoning: MU1 Mixed Use I Northern Beaches Council
Situated in a boutique contemporary mixed-use building of only 10 shops/suites, this property boasts exceptional street presence and exposure with easy client access. Located in the heart of Mona Vale's retail precinct and shopping village, it is only a few minutes away from the beach, offering excellent opportunities for your business to engage with the local Northern Beaches community.
Call Paul Cunningham 0413 161 661 or Thomas Wheen on 0452 449 906 today for your inspection.
**All rentals are per annum and quoted areas/measurements are approximations only**
* Total Area: 103sqm (approx.)
* Open-plan layout with polished concrete floors and exposed air-conditioning system
* Floor-to-ceiling windows providing excellent natural light
* Internal kitchenette
* Under stair storage (10sqm approx.)
* Ceiling height 2.4m approx..
* Air-conditioned throughout
* Public parking in the adjoining lane and nearby Northern Beaches Council parking station
* Net Yield: 4.4% p.a.
* Lease Details: 3 years + 3 year option
* Current rental: $60,000 Gross + GST
* Annual rent reviews: 4%
* Tenant: Popular, well-known local hairdressing salon
* Zoning: MU1 Mixed Use I Northern Beaches Council
Situated in a boutique contemporary mixed-use building of only 10 shops/suites, this property boasts exceptional street presence and exposure with easy client access. Located in the heart of Mona Vale's retail precinct and shopping village, it is only a few minutes away from the beach, offering excellent opportunities for your business to engage with the local Northern Beaches community.
Call Paul Cunningham 0413 161 661 or Thomas Wheen on 0452 449 906 today for your inspection.
**All rentals are per annum and quoted areas/measurements are approximations only**
Contact the agent
Mona Vale Neighbourhood Profile
Nestled amongst stunning beaches, lush parkland, and the best the Northern Beaches have to offer all within a short distance, Mona Vale is a stand out suburb in Sydney for being the family friendly choice for those chasing the ultimate seaside lifestyle. A hot spot for retail and industry, and just 28kms north of the Sydney CBD, Mona Vale is an established suburb with a bright future for families and professionals alike.
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the most favourable sale price (we also know the best local surf breaks, if you’re interested).
