17 Monaro St 753 SF Retail Building Queanbeyan, NSW 2620 For Sale

Seize the opportunity to own a prime commercial property in one of Queanbeyan’s most tightly held locations. Positioned on Monaro Street, this property offers exceptional exposure and accessibility, making it an ideal choice for investors seeking a secure, income-generating asset.
The building spans approximately 70 m² and sits on a generous 364 m² block, featuring a functional layout that includes a welcoming reception area, two private offices, a workstation space, kitchenette, and a disabled-access bathroom. Modern amenities such as reverse cycle air conditioning ensure year-round comfort for occupants.
The property also boasts practical advantages, including allocated private parking at the rear, full fencing for security, and direct access to a council car park. A private rear courtyard provides additional appeal for staff and clients.
Currently leased to a secure tenant under a new two-year agreement commencing July 1, 2025, this investment offers a gross annual income of $52,800 (including GST) with 3% annual increases. Estimated annual expenses are approximately $13,000, delivering a net return of $39,800 and a projected yield of 4.9% to 5% based on the price guide. Sold as a “Going Concern,” this acquisition is GST-free, making it an attractive and tax-efficient investment.