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5-9 High Street Queanbeyan

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Prominent commercial Queanbeyan block with income

5-9 High Street is prominently located on the corner of High Street and Waniassa Street Queanbeyan.

It is highly accessible to the center of Queanbeyan, Yass Road to Canberra Airport and the Kings Highway to the NSW south coast.

The property is close proximity to:

+ KFC (less than 50m away on Waniassa St)
+ McDonalds (less than 100m away on Waniassa St)
+ 40m from the main street of Queanbeyan. &#xD&#xD This great commercial property sits on a prominent corner block of 2,637sqm and accommodates the Aussie Settler Motel and Body Basics gym.

The property is in a B4 Mixed Use Zone and is strata titled into 3 units.

All 3 units are being sold.

Unit 1 is the Aussie Settler Motel.

The Aussie Settler Motel is currently operating but will be sold with vacant possession leaving you to take over the management or employ a manager or consider other uses.

The motel offers 10 rooms of varying sizes plus a 2 bedroom apartment which could be either rented out as a motel room/serviced apartment or used as the managers accommodation.

The asking Price for Unit 1 is $1,100,000 excluding GST if payable.

Units 2 & 3 are leased to a business operating as Body Basics, a commercially run gym.

Body Basics is on a lease till 28 February 2023. They have a 5 year option which can be exercised by the tenant to extend their lease till February 2028.

The Asking price on Units 2 & 3 is $1,900,000 excluding GST if payable.

Phone Alex Smith today to arrange an inspection or ask further questions

Mobile 0409 07 649

Prominent commercial Queanbeyan block with income

5-9 High Street is prominently located on the corner of High Street and Waniassa Street Queanbeyan.

It is highly accessible to the center of Queanbeyan, Yass Road to Canberra Airport and the Kings Highway to the NSW south coast.

The property is close proximity to:

+ KFC (less than 50m away on Waniassa St)
+ McDonalds (less than 100m away on Waniassa St)
+ 40m from the main street of Queanbeyan. &#xD&#xD This great commercial property sits on a prominent corner block of 2,637sqm and accommodates the Aussie Settler Motel and Body Basics gym.

The property is in a B4 Mixed Use Zone and is strata titled into 3 units.

All 3 units are being sold.

Unit 1 is the Aussie Settler Motel.

The Aussie Settler Motel is currently operating but will be sold with vacant possession leaving you to take over the management or employ a manager or consider other uses.

The motel offers 10 rooms of varying sizes plus a 2 bedroom apartment which could be either rented out as a motel room/serviced apartment or used as the managers accommodation.

The asking Price for Unit 1 is $1,100,000 excluding GST if payable.

Units 2 & 3 are leased to a business operating as Body Basics, a commercially run gym.

Body Basics is on a lease till 28 February 2023. They have a 5 year option which can be exercised by the tenant to extend their lease till February 2028.

The Asking price on Units 2 & 3 is $1,900,000 excluding GST if payable.

Phone Alex Smith today to arrange an inspection or ask further questions

Mobile 0409 07 649

$3,000,000 excluding GST

Retail/Shops

Office & Agent

Laing+Simmons Commercial (Canberra)
02 6209 5050
Alex Smith
0262095050
0409 007 649
Property ID
0000385023
Land Area (approx)
2637 sqm
Building Size (approx)
2600 sqm

Documents

Strata Plan
Information Memorandum

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