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Belle Property Commercial - Inner West

1/114 Majors Bay Road Concord, NSW 2137

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1/114 Majors Bay Road,
Concord, NSW 2137

Medical & Consulting • Offices • Shop & Retail

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Belle Property Commercial - Inner West
Andrew Bozza
Rocco Tripodi

Belle Property Commercial - Inner West

186 Enmore Road
NEWTOWN, NSW 2042
Belle Property Commercial - Inner West
1/114 Majors Bay Road
Concord, NSW 2137

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SECURE MEDICAL INVESTMENT WITH A 10 X 10 YEAR LEASE

  • 10 X 10 YEAR LEASE
  • SECURE MEDICAL INVESTMENT
  • ANNUAL NET INCOME $273,180.00 + GST
This high income, long lease, essential service investment in the heart of Concord, will be auctioned by the exclusive selling agents, Belle Property Commercial. This Medical Centre has been servicing the local Concord community and broader inner west with GP services for over 25 years. With a 10 x 10 year leases in place and an annual income of $273,180.60 + GST per annum nett, this is a set and forget income generating asset for your portfolio.

Features Include:
- Annual Nett Income $273,180.60 + GST
- Tenant Pays all outgoings
- Annual rental increases 3%
- Rental as of 2nd April 2022 to be $281,376.00 + GST
- Floor Area – 279sqm
- Heart of Majors Bay Road – Main Street of Concord
- Lease Expiry April 2028
- Option until 2038

The Auction will be held on Tuesday 26th October 2021 at 10:30am at Auctionworks - 50 Margaret Street, Sydney NSW 2000

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Property ID: 503919726Last Updated: 26 Nov 2021

Belle Property Commercial - Inner West
186 Enmore Road
NEWTOWN, NSW 2042
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