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73 Monaro Ave 2,939 SF 100% Leased Office Building Kingsgrove, NSW 2208 For Sale
Investment Highlights
- Prime main street frontage on Queanbeyan’s busiest commercial corridor
- Expansive rear car park with 10 spaces and right-of-way access
- Ideal for professional, medical, or legal practitioners in a high-visibility location
- Two tenancies offering flexibility for investors or owner-occupiers
- Previous rental income exceeded $110,000 annually, demonstrating strong returns
- Competitive outgoings compared to ACT market, enhancing investment value
Executive Summary
73 Monaro Street offers a rare opportunity to secure a high-exposure commercial property in the heart of Queanbeyan’s bustling main street. Positioned along Monaro Street, this property benefits from exceptional visibility and strong pedestrian and vehicle traffic, making it an ideal choice for investors or owner-occupiers seeking a premium address.
The property comprises two flexible tenancies, providing options for multi-tenant income or single-occupier use. A generous rear car park with 10 spaces and right-of-way access via Mid City Motor Inn and Crawford Street ensures convenient entry for staff and customers. Additional features include rear access for operational efficiency and disabled toilet facilities, enhancing accessibility for all users.
With previous rental income exceeding $110,000 annually and competitive outgoings compared to the nearby ACT market, this asset presents strong investment fundamentals. Its location within a thriving commercial precinct, previously home to blue-chip tenants, further underscores its long-term appeal. Available immediately, this property is perfectly suited for professional, medical, or legal practices seeking a strategic position in a growing regional hub.
The property comprises two flexible tenancies, providing options for multi-tenant income or single-occupier use. A generous rear car park with 10 spaces and right-of-way access via Mid City Motor Inn and Crawford Street ensures convenient entry for staff and customers. Additional features include rear access for operational efficiency and disabled toilet facilities, enhancing accessibility for all users.
With previous rental income exceeding $110,000 annually and competitive outgoings compared to the nearby ACT market, this asset presents strong investment fundamentals. Its location within a thriving commercial precinct, previously home to blue-chip tenants, further underscores its long-term appeal. Available immediately, this property is perfectly suited for professional, medical, or legal practices seeking a strategic position in a growing regional hub.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,939 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,939 SF
Building FAR
0.37
Lot Size
0.18 AC
Parking
10 Spaces (3.4 Spaces per 1,000 SF Leased)
1 1
Contact
-
Adam Sutton -
LJ Hooker Queanbeyan - Jerrabomberra - Googong
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73 Monaro Ave
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