Monash Shops, 25 Barraclough Crescent,
Monash, ACT 2904

Located on Monash's main thoroughfare, this investment / redevelopment opportunity is perfectly placed for an owner occupier in the childcare, medical, religious or retail industries.

Monash's dense residential population makes for an unbeatable environment for Retail, Medical, Gym/fitness, Child care, Educational establishment or place of worship.

Features Include:
* 2,004m2 block
* 533m2 of vacant space available to be occupied. Full net lettable area is 669m2, with 145m2 currently leased.
* The current tenants pay approximately $77k per annum, with a fully leased rent of approximately $275,000 per annum plus GST.
* Direct access to large customer car park, with 23 allocated bays on site and an additional 10 public bays.
* Central location in Monash
* Rear loading yard with roller door access

The site has just had a Crown Lease variation process completed on it, allowing for the additional uses listed above.

The building is for sale via expressions of interest,
The Expressions of Interest close date is Wednesday the 2nd of March at 3pm.

The building outgoings are:
* Rates - $25,047
* Water - $2,500 (estimate)
* Insurance - $5,000 (estimate)

For more information, or to arrange an inspection contact Andrew Smith on 0409 600 4... or David Grimmond on 0406 376 6....