117 Majors Bay Road Concord NSW 2137

Auction 11am AEDT Tuesday 23 October 2018, Sydney

Renewed 5 and 3 year leases + options to McGrath and Frappe Cafe
Outstanding 2 storey investment recently built to an exceptional standard
High quality tenants with extensive immaculate fitouts
Valuable 40 m corner frontage on main intersection of Majors Bay Road
Exceptionally vibrant retail village precinct comprising cafes & restaurants servicing affluent waterside catchment along Parramatta River
Bustling commercial hub with 94,225 residents located with a 10 minute drive from property
Attractive 4% fixed annual increases assuring future rental growth
Net leases with both tenants paying outgoings, as per leases
Building completed 2014 offering substantial tax depreciation benefits

Net Income: $268,392 pa + GST