2/114 Majors Bay Road, CONCORD, 2137, New South Wales

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Subject: 2/114 Majors Bay Road, CONCORD, 2137, New South Wales

Sold

Sold for $2,275,000 (Jul 13, 2017)

SOLD Dib Chidiac 0415 657 331

Property ID: 17330083

NB – This is not a residential property

Prominently located on the busy Majors Bay Road retail strip, offering prime position amongst well-regarded cafes, restaurants and specialty shops, this shop-front offers an ideal opportunity in a busy regional shopping strip of Concord with huge exposure to high levels of foot traffic.

This will be a beneficial addition to any astute investor looking to add to their portfolio. This great investment offers the following attributes;



  • Located in the heart of the affluent Majors Bay Rd Precinct

  • Wide frontage

  • Underground access to 5 x car spaces

  • Suits many uses such as retail, medical, offices

  • Floor area of 197sqm and land area of 271sqm

  • Great position for any retail tenant or professional office

  • Net Income: $218,763.48pa inc GST (as at June 2017)

    Contact Dib Chidiac 0415 657 331 / Paul Pettenon 0411 180 290 / Christian Bracci 0408 350 321

Building / Floor Area197 sqm
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R&H Suburb SummaryHouses
Number of sales 140
Average Price $1,736,584
Median Price $2,100,000
Median Rental Price $700 p.w.
Change in Rental Rate (5yr) 16 %
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Number of sales 69
Average Price $734,319
Median Price $965,000
Median Rental Price $530 p.w.
Change in Rental Rate (5yr) 18 %
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