2/1731 Pittwater Road, Mona Vale

This is a unit on a parcel in 2/SP86771 Mona Vale NSW. Built in 2012, it has 3 bedrooms, 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
3
Bathrooms
1
Car spaces
3
Land size
419 m2
Building size
128 m2
Council area
Northern Beaches
Year built
2012
Lot plan
2/SP86771 Mona Vale NSW
House type
Commercial: Office Building



HISTORY

Last sold 07/05/2015
$1,270,000



LISTING DESCRIPTION
as of March 2017

Split the Risk One Title, Two Leases Strata area 128sqm + 3 security parking spaces. Two leases over one title, split into two individual tenancies both tenants are secured with long term leases.Shop 2a Lease Details:Tenant: Northern Beaches FinancialTerm: 3 Years & 4 MonthsLease Commencement: March 2016Lease Expiry: June 2019Options: 1yr 6mth + 2 yrs 6 months + 2 yrs 6 mthsRent: $37,960 + GST NetReviews: annual CPI reviews and market review at optionOutgoings: 60% recoverableShop 2b: Lease DetailsTenant: Northern Beaches DentalTerm: 1 Year 9 MonthsLease Commencement: June 2015Lease Expiry: May 2022Options: 5 YearsRent: $34,403 + GST NetReviews: annual CPI or 4% whichever the greater and market review at optionOutgoings: 100% recoverableFeatures:*Retail investment*Beautiful building only 4 years old*Commanding corner position on Mona Vale & Pittwater Roads*40,000 cars pass per day*Air-conditioning*North facing with full height frontage creating great natural light*M&F amenities & lift*Close to public transport and multiple car parks*Located on ground floor of landmark building*Short walk to Woolworths, Aldi and Mona Vales retail hub*Outgoings: $5,072 pa approx.*Total Net Rent: $72,363*For Sale: $1,206,050 ex GSTPlease call Vincent West on 0403 444 000 if you have any questions or would like to arrange a private viewing.Situated on Mona Vales busiest intersection, the property benefits from an enormous amount of exposure and is close to all retail and commercial amenities Mona Vale has to offer. Mona Vale also has a number of golf courses a stunning beach and of course Pittwater waterway a yachting and boating Mecca 2 minutes from the town centre.Location:The property is located in Mona Vale on Sydneys beautiful Northern Beaches on the corner of Pittwater Rd and Mona Vale Road, just minutes walk from major bus stops, Pittwater Place, Bungan Street, Australia Post and many boutique eateries and various shops. Mona Vale is well serviced with Health care centres, Woolworths, Coles, Australia Post and banks. The approximate drive times are 22 minutes to Dee Why, 13 minutes to Belrose, 55 minutes to Sydney CBD.**All rentals are per annum and quoted areas/measurements are approximations only**