The North Agency Commercial have been appointed as exclusive sale agents for this exceptionally well presented, commercial / retail investment opportunity positioned in the central location of Mona Vale's business hub. Offered for sale with an existing tenancy and owned in strata title, the property would be a strategic addition to any investment portfolio. Traditionally tightly held real estate, the opportunities to purchase in central Mona Vale are rare.
Investors take note of this opportunity.
Features include:
- Ground level commercial / retail shop situated in Mona Vale's business hub
- Located in a boutique contemporary mixed-use building of only 10 shops /
and office suites.
- Exceptional street presence and exposure with easy client access.
- Internally the shop has a modern, stylish design in an open plan layout
- Polished concrete floors with exposed air-conditioning system
- Leased to a popular, well-known local hairdressing salon.
- Tenancy terms are an existing 3 year lease with 3 year option
- Annual rent reviews to fixed percentage
- Current market rent review on entering option period
- Separate Kitchen area and large storage room
- Excellent natural light via floor to ceiling glass curtain windows
- Strata Area – 103 sqm (approx.)
- Zoned MU1 Mixed Use under Northern Beaches Council LEP
- Public parking in adjoining Lane and NB Council Parking Station
- The property would make a great addition to any property portfolio.
Enquire
1/2 Bungan Lane,
Mona Vale
- AREA
