Delmege Property Group, as Exclusive Selling Agents, are pleased to present Shop 2a, 2 Bungan Street, Mona Vale. Mona Vale is an affluent demographic hotspot and “centre-piece” for Sydney`s Northern Beaches.

It is rare to find quality affordable retail investments that offer prime position together with a proven tenant in a low vacancy, low supply retail strip. The sub-$1 million price point is an astute alternative to a residential investment.

Capitalise on the following key attributes:

-High profile ground floor area with wide street frontage
-Positioned on extremely low vacancy retail strip with high-end retailer mix and bustling foot traffic
-Successful long-standing tenant
-Lease and option until 2021 - tenant has requested a further commitment until 2025
-Attractive 3.5% annual rent increases
-Net Income: $37,000 pa (approx.)

Robbie has sold more retail properties on Bungan Street in the last 10 years than all other agencies combined. He set the record for the sale of a retail shop in Mona Vale in 2012 when he sold Lot 1, 2 Bungan Street, Mona Vale for $20,000 Per SQM. This sale has eclipsed his previous record and will reset the benchmark for retail shops on Bungan Street.

If you are interested in purchasing or divesting a retail shop in Mona Vale, please contact Robbie Delmege on 0402 99 22 ....