23/20 Bungan Street, Mona Vale, NSW 2103

Retail

Sold $700,000

  • Property ID: 400743
  • Floor Area: 39m²
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 39m2 N/A N/A
Unbeatable Retail Exposure in Mona Vale Village – Occupy or Invest

Offered for the first time in over 28 years, this is your rare chance to secure arguably one of the best commercial shops in Mona Vale's village. Boasting what is often said to be the best position in the complex and currently tenanted by a DA approved hairdresser/barber, it is an excellent opportunity for an investor or owner occupier to secure this open-plan shop located in the heart of Mona Vale's main shopping precinct. Unbeatable exposure and multiple signage options allow for clear vision marketing opportunities to both vehicle and pedestrian traffic.

* Total internal area: 39m2
* 2 secure underground tandem parking spaces
* First time offered to the market in over 28 years
* Floor to ceiling glass window frontage with fantastic natural light
* Ample parking nearby on street and in council car parks
* Excellent signage opportunities and exposure to passing foot and vehicle traffic
* Offered with vacant possession or potential to negotiate with current lessee to extend
* 1km from Mona Vale Beach
* Estimated per annum Gross Rent: $43,000 - $46,000 + GST
* Estimated per annum Outgoings: $5,776

Located on Bungan Street, in the beautiful beachside suburb of Mona Vale, position yourself in the heart of Mona Vale Village and take advantage of the extensive pedestrian and vehicular traffic. Don't forget to pop over to Mona Vale Beach, only 1km away, on your lunch break.

**The business is not for sale, only the retail property is**

Call Vincent West on 0403 444 000 or Oliver Rosati 0428 877 888 today for your inspection.

**All prices are per annum and quoted areas/measurements are approximations only**

Mona Vale Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $226 ---
Offices $12500 $559 4.47%
Retail $12500 $732 5.86%
This is the average advertised price, rent and yield for Mona Vale, NSW 2103*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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