Retail for Sale

92 Majors Bay Road Concord, NSW 2137

Expressions of Interest - closing 2 August 2018
  • Building: 600m²
  • Land: 275m² (0.07 acres)

Contact the agent if you'd like further information.

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Retail for Sale in Concord

OUTSTANDING INVESTMENT - COMMANDING CORNER POSITION

  • Building: 600m²
  • Land: 275m² (0.07 acres)

Ray White Commercial as exclusive selling agent, is pleased to present 92 Majors Bay Road, Concord, for sale by expressions of interest.

This outstanding mixed use freehold investment property is perfectly positioned in one of the Inner West's most desirable suburbs. The building is located at the intersection of Majors Bay Road and Wellbank Street, commanding the busiest retail corner in Concord.

Constructed in 2009, the building comprises a quality mix of retail, office and residential tenants, ensuring investor's multiple income streams. The ground floor is occupied by successful caf and dessert bar Tellaballs and ASX listed Laverty Pathology. The first floor is occupied by two quality commercial office tenants Relm Property and The Academic House and the second floor is a modern three bedroom two bathroom residential penthouse with extensive views to North Sydney and the City. In addition, there is secure parking for 5 cars.

The building faces north onto the premier high street of the Inner West which services Concord, and the neighbouring suburbs of Breakfast Point and Cabarita.

The building will be sold by Expression of Interest closing 2 August 2018.

Property Highlights:

  • Gross Income - $320,208*
  • Multi-storey mixed use retail, commercial and residential building
  • Dominant corner position
  • Consists of three levels
  • CBD skyline and harbour views
  • Secure and private
  • Modern restaurant including mechanical ventilation, cold storage and grease trap facilities
  • Ground level - incorporates three retail shops. Shops 1 & 2 are combined and leased to successful restaurant Tella Balls
  • Shop 3 located at the rear of the building is leased to national medical group Laverty Pathology'
  • First floor - subdivided into two commercial suites. Each suite provides individual amenities and balconies
  • Top floor - modern 3 bedroom, 2 bathroom penthouse with large external terraces front and rear providing unrestricted views across the city skyline and North Sydney
  • Secure parking for five vehicles via a car stacker (access from rear lane)
  • Secure passenger lift accessing each level internally
  • Undercover alfresco dining facilities at street level
  • Upper level external balconies, solar panel heating and ducted air-conditioning

*All figures are approximate

For more information please contact Scott Stephens on (02) 9969 1500 or email on scott.stephens@raywhite.com

Building:

600m²

Land:

275m² / 0.07 acres

Categories:

Retail, Medical/Consulting, Offices

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