70-74 Majors Bay Road Concord NSW 2137

Shop & Retail
Sold, $4,535,000

Bank Investment in Sydney's Inner West. Tightly Held Retail Precinct.

Long term tenant subject to 5 + 5 year lease.
Best retail position in Majors Bay Road
Between Coles anchored Shopping Centre and Flight Centre.
2 storey freehold building with rear lane access and parking.
Exceptionally busy retail village precinct servicing affluent waterside catchment along Parramatta River
Attractive 3% annual increases
Bank pays 100% of outgoings as per lease incl. agent's management fees
Net Income: $193,083 pa + GST.

Auction 2pm Tues 19 May, 50 Margaret St Sydney

Simon Staddon 0413 640 851

CO AGENT
RAINE & HORNE COMMERCIAL
Gregory May 0411 723 470
Daniel Krobot 0411 215 339

AUCTION

Auction date and time	19/05/2015 14:00
Auction location	Mezzanine Level

Property Highlights

Date Sold	19 May 2015
Sold Price	$4,535,000
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2011918074
Category	Shop & Retail
Last updated	20 May 2015

Map for 70-74 Majors Bay Road Concord NSW 2137

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Property Highlights

Date Sold	19 May 2015
Sold Price	$4,535,000
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2011918074
Category	Shop & Retail
Last updated	20 May 2015