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97-99 Majors Bay Road
Concord NSW 2137
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Sold on 20 May 2015

97-99 Majors Bay Road Concord NSW 2137

  • Shop & Retail
  • Sold, $5,310,000

Renewed 5 Year Lease to Woolworths Ltd* Sydney's Inner West - Liquor Store + 2 Units

Terms agreed* for new 5 year lease to November 2020 plus options to 2035
Fully leased investment just 13 km from Sydney CBD
Substantial 3 level building including two large 174 sqm residential units with courtyards and basement level
Valuable drive through facility with rear lane access
Exceptionally busy retail village precinct servicing affluent waterside catchment along Parramatta River
Woolworths lease provides for 3 % annual increases and 80% of outgoings reimbursed.
Net Income: $243,687 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 time19/05/2015 14:00
Auction locationMezzanine Level

Property Highlights

Date Sold20 May 2015
Sold Price$5,310,000
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2011918075
Category
Last updated  20 May 2015
Map for 97-99 Majors Bay Road Concord NSW 2137

Nearest transport* to 97-99 Majors Bay Road Concord NSW 2137

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Property Highlights

Date Sold20 May 2015
Sold Price$5,310,000
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2011918075
Category
Last updated  20 May 2015
Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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