LJ Hooker Queanbeyan | Jerrabomberra | Googong is excited to present for sale 101 Monaro Street.
An exceptional opportunity to secure a high-yielding commercial asset in the heart of Queanbeyan's thriving CBD. 101 Monaro Street offers a secure tenancy, strong rental income, and additional development potential, making it an ideal addition to any investment portfolio or self-managed super fund.
Unbeatable Location:
- Situated on Monaro Street, the main commercial strip of Queanbeyan.
- High exposure with strong foot traffic and excellent street frontage.
- Surrounded by established businesses, retail, and hospitality venues.
- Only minutes from Canberra, offering access to a rapidly growing market.
Strong Rental Return & Security:
- Current lease in place until October 2026, with a 5-year option.
- Annual rental income exceeding $65,000, with 3% fixed annual increases.
- Tenant covers 100% of outgoings, ensuring a low-maintenance investment.
Versatile & High-Potential Property:
- 260m² ground-floor commercial space with excellent exposure (approx.).
- Rear lane access for easy deliveries and operations.
- Private entry & internal staircase leading to upstairs tenancies.
- Additional income potential the upstairs level can accommodate up to 8 tenants as office or bedsit accommodation.
- Estimated additional rental income: $1,200$1,500 per week.
Why Invest in Queanbeyan?
- Booming growth region Queanbeyan is experiencing strong economic and infrastructure development.
- Proximity to Canberra only a short drive to the ACT, making it a prime location for businesses and professionals.
- Strong rental demand limited commercial vacancies in the area create long-term security for investors.
This is a rare opportunity to secure a high-performing commercial property in one of the region's most sought-after locations. Whether you're expanding your investment portfolio or seeking a reliable asset for a self-managed super fund, 101 Monaro Street offers immediate returns with long-term growth potential.
For more information or to arrange a private viewing, contact Adam Sutton today on 0409 659 917.
