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5 Bungan St 2,174 SF Office/Retail Condo Unit Offered at $1,186,068 in Mona Vale, NSW 2103
Investment Highlights
- Prominent location in Mona Vale’s central commercial and retail hub
- High pedestrian and vehicle exposure along Bungan Street
- Close proximity to local amenities, dining options, and bus line
- Modern mixed-use building with contemporary design and glass-fronted tenancies
- Secure basement parking available for occupants
Executive Summary
3-5 Bungan Street, Mona Vale is a modern mixed-use commercial complex located in the heart of Mona Vale’s retail and business precinct. The building features contemporary architectural design with prominent street frontage along Bungan Street, ensuring strong visibility and accessibility. It accommodates a range of commercial uses, including office, medical, and retail, offering secure basement parking for occupants. The complex is positioned within a high-traffic area, surrounded by established businesses, cafes, and essential services, and is within walking distance of public transport options.
Property Facts
| Total Building Size | 18,460 SF | Floors | 4 |
| Property Type | Retail (Condo) | Typical Floor Size | 18,460 SF |
| Property Subtype | Storefront Retail/Residential | Lot Size | 0.47 AC |
| Building Class | C | Parking Ratio | 0.98/1,000 SF |
| Total Building Size | 18,460 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 18,460 SF |
| Lot Size | 0.47 AC |
| Parking Ratio | 0.98/1,000 SF |
Amenities
- Bus Line
- Controlled Access
- Corner Lot
- Restaurant
- Signage
- Accent Lighting
- Storage Space
- Recessed Lighting
- Air Conditioning
- Balcony
- Smoke Detector
1 Unit Available
Unit 1
| Unit Size | 2,174 SF | Cap Rate | 4.48% |
| Price | $1,186,068 | NOI | $53,107.50 |
| Price Per SF | $545.57 | No. Parking Spaces | 7 |
| Condo Use | Office/Retail | Sale Conditions | Build to Suit, Lease Option |
| Sale Type | Investment or Owner User |
| Unit Size | 2,174 SF |
| Price | $1,186,068 |
| Price Per SF | $545.57 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.48% |
| NOI | $53,107.50 |
| No. Parking Spaces | 7 |
| Sale Conditions | Build to Suit, Lease Option |
Description
Suite 1 at 3-5 Bungan Street, Mona Vale is a strata-titled commercial premises located within a modern mixed-use building. The property comprises approximately 202 square meters of internal and external space, including an outdoor courtyard. It features a glass frontage to Bungan Street, providing strong visibility and natural light. The lot includes seven secure undercover car spaces on title and benefits from shared building amenities. The property features a large open-plan layout, ducted air conditioning, kitchen facilities, and ample storage. Positioned with prominent street exposure and surrounded by established businesses, the property is suitable for a range of uses, including office, medical, or retail (subject to approvals).
Sale Notes
1/3-5 Bungan Street, Mona Vale presents an opportunity to acquire a contemporary commercial property in a high-traffic location within Mona Vale’s retail and business precinct.
Annual Rental income: $100,000
Annual Outgoings (Strata, water & Council): $25,000
+1 More
Open office space
Floor plan
Open office space
Reception area
Meeting room
Courtyard
Presented by
DiJones Northern Beaches - Pittwater
5 Bungan St
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