Immaculate Freehold Investment – Sydney’s Inner West

117 majors bay road, concord nsw

Price: Contact Agent

  • 2 Tenants on Renewed Leases
  • 4% Annual Increases
  • McGrath & Frappe Cafe

Property Details

Auction 11am AEDT Tuesday 23 October 2018, Sydney

Renewed 5 and 3 year leases + options to McGrath and Frappe Cafe
Outstanding 2 storey investment recently built to an exceptional standard
High quality tenants with extensive immaculate fitouts
Valuable 40 m corner frontage on main intersection of Majors Bay Road
Exceptionally vibrant retail village precinct comprising cafes & restaurants servicing affluent waterside catchment along Parramatta River
Bustling commercial hub with 94,225 residents located with a 10 minute drive from property
Attractive 4% fixed annual increases assuring future rental growth
Net leases with both tenants paying outgoings, as per leases
Building completed 2014 offering substantial tax depreciation benefits

Net Income: $268,392 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 385 sqm
Land Size 240 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003394

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E

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