1/2 Bungan Lane,

Mona Vale

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.