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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

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

Nearest transport* to 63 Majors Bay Road Concord NSW 2137

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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
Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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