63 Majors Bay Road,
Concord, NSW 2137

Shops & Retail

Key property information

Land area

Floor area

Tenure type

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Map of 63 Majors Bay Road

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Concord's Best Retail Position. Priceline Lease to Oct 2025.

Landmark 100% leased retail investment in Sydney's Inner West.
Anchored by Priceline Pharmacy chain with 448 stores nationwide.
Bustling corner position on main intersection of Majors Bay Road.
Ground floor Pharmacy: 9 + 5 year lease from November 2016.
First floor Physio: 10 + 5 year lease from February 2011.
Exceptionally vibrant retail village precinct including cafes & restaurants servicing affluent waterside catchment along Parramatta River.
Attractive 3% and 3.5% annual rental increases.
Valuable corner frontage totalling close to 60 metres.
Substantial well presented 2 storey building + 3 on-site garaging.
Tenants pay usual outgoings, as per leases.
Net Income: $317,609 pa + GST (as at Feb. 2017).

Concord, 2137 demographic data

The median household income for Concord is $2,410, 16% higher than Greater Sydney's household income of $2,077. Concord has an older age profile compared to the rest of Greater Sydney (median age 43 vs 37). Property ownership data shows 41% of property owners in Concord have a mortgage.

14,551

Population

$2,410 per week

Median household income

43 years

Median age

Owners

Most residents

Families

Most households