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63 Majors Bay Road
Concord NSW 2137
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Sold on 6 Dec 2016

63 Majors Bay Road Concord NSW 2137

  • Shop & Retail
  • 310 m²
  • Sold, $6,610,000

Concord's Best Retail Position. Priceline Lease to Oct 2025.

Landmark 100% leased retail investment in Sydney's Inner West.
Anchored by Priceline Pharmacy chain with 448 stores nationwide.
Bustling corner position on main intersection of Majors Bay Road.
Ground floor Pharmacy: 9 + 5 year lease from November 2016.
First floor Physio: 10 + 5 year lease from February 2011.
Exceptionally vibrant retail village precinct including cafes & restaurants servicing affluent waterside catchment along Parramatta River.
Attractive 3% and 3.5% annual rental increases.
Valuable corner frontage totalling close to 60 metres.
Substantial well presented 2 storey building + 3 on-site garaging.
Tenants pay usual outgoings, as per leases.
Net Income: $317,609 pa + GST (as at Feb. 2017).

AUCTION

Auction date and time06/12/2016 10:00
Auction locationDoltone House Hyde Park
Burgess Rawson Sydney
Burgess Rawson Sydney
Level 11.02, 9 Castlereagh Street
Sydney, NSW 2000

Property Highlights

Date Sold6 Dec 2016
Sold Price$6,610,000
Floor AreaAsk Agent
Land Area310 m²
ParkingAsk Agent
Property ID2013193962
Category
Last updated  7 Dec 2016
Map for 63 Majors Bay Road Concord NSW 2137

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Burgess Rawson Sydney
Burgess Rawson Sydney
Level 11.02, 9 Castlereagh Street
Sydney, NSW 2000

Property Highlights

Date Sold6 Dec 2016
Sold Price$6,610,000
Floor AreaAsk Agent
Land Area310 m²
ParkingAsk Agent
Property ID2013193962
Category
Last updated  7 Dec 2016

Listed by

Simon Staddon
Simon Staddon
Burgess Rawson Sydney
Call
0413 640 851

More about 63 Majors Bay Road Concord NSW 2137

63 Majors Bay Road Concord NSW 2137 is categorized as Shop & Retail Property. It has a land area of 310 m². The listing ID for this property is 2013193962.

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