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307 Concord Road
Concord West NSW 2138
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Sold on 11 Oct 2022

307 Concord Road Concord West NSW 2138

  • Shop & Retail
  • 1,101 m²
  • Sold

Trophy Investment - Set & Forget

This is your opportunity to secure a large landholding of 1101 sqm zoned B1 with 3 street frontages & a strong national tenant - Restaurant Brands Australia.

Key Highlights:
+ Freestanding well-presented fast food restaurant with Drive Through
+ Secure long lease to December 2024 with a 5 x 5 year option
+ Landlord favourable lease
+ Recent refurbishment to building
+ High profile 1,101sqm corner position with 7 car spaces on-site
+ Guaranteed strong rental growth - Fixed 3% annual rent increases
+ From 14th Dec 2022 Income will be: $228,571.80 pa + GST (approx.)
+ Prominently positioned on corner block with 3 street frontages
+ Within close proximity to Sydney Olympic Park
+ Nearby Concord Hospital and Concord West Train Station
+ Positioned within moments to the M4 Motorway + proposed Metro Station
+ Prestigious Primary & High schools in the local area
+ Zoned B1 Neighbourhood Centre
+ On termination of lease there is a huge upside for re-development potential (STCA)

For Sale via Auction
Tuesday 11th October 2022 at 10.30 am
Auctionworks - Mezzanine Level, 50 Margaret St, Sydney

For a copy of the Contract for Sale, the Information Memorandum, or to arrange an inspection please contact Adam Scappatura on 0413 355 481.

Disclaimer: All descriptions, dimensions, references to conditions and necessary permission for use and occupation are results of departmental enquiries. Assumptions relating to current rents (if any) and rent reviews, estimated sale prices, conversion costs and other details are given in good faith and are believed to be correct, but any prospective purchasers should not rely upon them as statements of representations of fact, but must satisfy themselves by inspection, enquiries or otherwise as to the correctness and comprehensiveness of each of them.

AUCTION

Auction date and time11/10/2022 10:30
Auction locationAuctionworks
Time Realty
Time Realty
201 Great North Rd
Five Dock, NSW 2046

Property Highlights

Date Sold11 Oct 2022
Floor Area1,101 m²
Land Area1,101 m²
ParkingAsk Agent
Property ID2018056927
Category
Last updated  13 Oct 2022
Map for 307 Concord Road Concord West NSW 2138

Nearest transport* to 307 Concord Road Concord West NSW 2138

Bus
Train
Ferry
Concord Rd At Nirranda St14 m
Concord Rd Before Victoria Av81 m
Concord Rd At Hillier St377 m
Concord Rd After Yaralla St387 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Time Realty
Time Realty
201 Great North Rd
Five Dock, NSW 2046

Property Highlights

Date Sold11 Oct 2022
Floor Area1,101 m²
Land Area1,101 m²
ParkingAsk Agent
Property ID2018056927
Category
Last updated  13 Oct 2022

Co-Agents

Adam Scappatura
Adam Scappatura
Time Realty
Call
0413 355 481
Lambros Markessinis
Lambros Markessinis
Time Realty
Call
0407 788 777

More about 307 Concord Road Concord West NSW 2138

307 Concord Road Concord West NSW 2138 is categorized as Shop & Retail Property. It has a floor area of 1,101 m² and a land area of 1,101 m². The listing ID for this property is 2018056927.

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