FOR SALE
$780,000 - $850,000

17 Monaro Street
Queanbeyan NSW 2620

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 70m2
Land area: 364m2
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Prime Commercial Opportunity

LJ Hooker Queanbeyan | Jerrabomberra | Googong is delighted to present for sale 17 Monaro Street.
Unlock the potential of this rare opportunity to secure premises in a historically tightly held section of the market. This commercial gem, located in Monaro Street, promises great exposure for your business.
The building comprises approximately 70m in total area and is situated on a generous block of approximately 364m. Featuring a well-designed layout, the property includes a welcoming reception area, two separate offices, a workstation area, kitchenette, and disabled bathroom facilities.
Enjoy the convenience of allocated private car parking at the rear, fully fenced for added security, and backing onto a council car park. Additionally, a private courtyard at the rear provides a relaxing space for breaks.
The property is equipped with modern amenities, including reverse cycle air conditioning, ensuring a comfortable environment year-round.
Currently, the premises are tenanted to a long-established tenant until June 2025, with further lease options available. The annual rental income is $40,788, featuring a 3% annual increase.
This is a fantastic investment opportunity being sold as a "Going Concern," making it GST free.
Don't miss out on this unique chance to own a piece of Monaro Street's commercial real estate. Contact us today to seize this prime investment opportunity before it's gone!

Property Details for 17 Monaro St, Queanbeyan

Building Type
Commercial
Floor Size
70m2
Land Size
364m2

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About Queanbeyan 2620

The size of Queanbeyan is approximately 2.8 square kilometres. It has 14 parks covering nearly 15.1% of total area. The population of Queanbeyan in 2011 was 5,783 people. By 2016 the population was 6,254 showing a population growth of 8.1% in the area during that time. The predominant age group in Queanbeyan is 20-29 years. Households in Queanbeyan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queanbeyan work in a professional occupation. In 2011, 55.1% of the homes in Queanbeyan were owner-occupied compared with 48.6% in 2016.

Queanbeyan has 4,106 properties. Over the last 5 years, Houses in Queanbeyan have seen a 57.78% increase in median value, while Units have seen a 45.57% increase. As at 31 October 2024:

  • The median value for Houses in Queanbeyan is $785,077 while the median value for Units is $420,861.
  • Houses have a median rent of $558 while Units have a median rent of $450.
There are currently 25 properties listed for sale, and 23 properties listed for rent in Queanbeyan on OnTheHouse. According to CoreLogic's data, 163 properties were sold in the past 12 months in Queanbeyan.

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