Concord’s Best Retail Position in Inner Sydney’s Priceline Pharmacy

63 majors bay road, concord nsw

Price: Contact Agent

  • Sydney metro retail investment
  • Bustling corner position on main road
  • Attractive annual rental increases

Property Details

Auction 11am AEDT Tuesday 27 March 2018
Doltone House Hyde Park Sydney

Landmark 100% leased retail investment in Sydney’s Inner West
Anchored by Priceline Pharmacy chain with 400+ stores nationwide
Australia’s leading health, beauty and wellbeing retailer, established 1982
Bustling corner position on main intersection of Majors Bay Road
Ground floor Pharmacy: leased to October 2025 + 5 year option
First floor Physio: leased to February 2021 + 5 year option
Exceptionally vibrant retail village precinct comprising cafes & restaurants servicing affluent waterside catchment along Parramatta River
Attractive 3% and 3.5% annual rental increases
Substantial well presented 2 storey building + 3 on-site garaging
Tenants pay usual outgoings, as per leases
Net Income: $327,457 pa + GST
Reluctant sale due to vendors ill health

Featured Details

Current Tenant Tenanted
Gross Building Area 394 sqm
Land Size 310 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003212

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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