359-361 Concord Road,
Concord West, NSW 2138
Shops & Retail • Medical & Consulting • Offices
Price information
Sale - Expression of Interest
EXPRESSIONS OF INTEREST
Key property information
Land area
Floor area
Car spaces
Tenure type
Private inspections
to arrange a private inspection.
RWC - Western Sydney
15-17 Argyle StreetPARRAMATTA, NSW 2150
359-361 Concord Road
Concord West, NSW 2138
Map of 359-361 Concord Road
Train stations within 5 km of 359-361 Concord Road, Concord West, NSW 2138 Distance Concord West Station 831 m Rhodes Station 1.3 km North Strathfield Station 1.9 km Olympic Park Station 2 km Homebush Station 2.8 km POWERED BY HERE ©Bus stops within 5 km of 359-361 Concord Road, Concord West, NSW 2138 Distance Concord Rd at Wallaroy St 82 m Concord Rd at Currawang St 111 m Concord Rd at Coonong Rd 185 m Concord Rd Before Colane St 232 m Nullawarra Av Opp Boronia St 253 m POWERED BY HERE ©
POWERED BY HERE ©
Mixed Use Freehold Building | 12 Units + 3 Retail Areas
- $556,965 p.a. Income With Rental Uplift
- Prime Location, Near Key Amenities
- Diverse Unit Mix + 3 Street Frontages
RWC Western Sydney is pleased to present 359 - 361 Concord Road, Concord West for sale, via Expressions of Interest.
Representing a unique investment opportunity to acquire an entire mixed-use complex, comprising of 12 units and 3 retail/ commercial areas to be sold in one line.
Currently, units 1-6 and 8-11 (10 units in total) are leased to NSW Land and Housing Corporation on a two (2) years lease term expiring on 1 January 2025.
Commanding an impressive three (3) street frontage site, the complex is fully leased with a passing net income of $556,965* per annum with scope to increase.
Strategically located in the affluent Concord suburb, only 350m* to Concord Hospital, walking to proximity to local retail shops and the vibrant Majors Bay Road retail precinct.
Additional highlights of the property are outlined below:
• Favourable unit mix (3 x 3 bedrooms, 6 x 2 bedrooms, 2 x 1 bedroom and 1 x studio)
• 25 Security Car spaces
• Rooftop terrace with panoramic city views
• Three street frontages for enhanced accessibility (Concord Road, Boronia Street & Currawong Lane)
• Significant potential for rental uplift after headlease expiration in January 2025
• 230m* to Concord West Public School
• 350m* to Concord Hospital
• 1.1km* to Concord West Train Station
• Close Proximity to Sydney Olympic Park, Burwood CBD, and the M2 Motorway
This is an ideal opportunity for investors, strata sell down groups and housing providers looking to capitalise on the current housing shortage, rising rents and migration boom.
The property will be offered for sale via Expressions of Interest, closing Thursday 7 November 2024 at 3pm (Unless Sold Prior).
For more information, please contact the exclusive selling agents.
* Approximately
Representing a unique investment opportunity to acquire an entire mixed-use complex, comprising of 12 units and 3 retail/ commercial areas to be sold in one line.
Currently, units 1-6 and 8-11 (10 units in total) are leased to NSW Land and Housing Corporation on a two (2) years lease term expiring on 1 January 2025.
Commanding an impressive three (3) street frontage site, the complex is fully leased with a passing net income of $556,965* per annum with scope to increase.
Strategically located in the affluent Concord suburb, only 350m* to Concord Hospital, walking to proximity to local retail shops and the vibrant Majors Bay Road retail precinct.
Additional highlights of the property are outlined below:
• Favourable unit mix (3 x 3 bedrooms, 6 x 2 bedrooms, 2 x 1 bedroom and 1 x studio)
• 25 Security Car spaces
• Rooftop terrace with panoramic city views
• Three street frontages for enhanced accessibility (Concord Road, Boronia Street & Currawong Lane)
• Significant potential for rental uplift after headlease expiration in January 2025
• 230m* to Concord West Public School
• 350m* to Concord Hospital
• 1.1km* to Concord West Train Station
• Close Proximity to Sydney Olympic Park, Burwood CBD, and the M2 Motorway
This is an ideal opportunity for investors, strata sell down groups and housing providers looking to capitalise on the current housing shortage, rising rents and migration boom.
The property will be offered for sale via Expressions of Interest, closing Thursday 7 November 2024 at 3pm (Unless Sold Prior).
For more information, please contact the exclusive selling agents.
* Approximately
Additional information
External websites
Property ID: 504704916Last Updated: 9 Oct 2024
RWC - Western Sydney 15-17 Argyle Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
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