FOR SALE
$5,000,000 - $5,500,000

86 Majors Bay Road
Concord NSW 2137

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 342m2
Land area: 205.7m2
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Exceptional Investment Opportunity: Freehold Mixed-Use Property with Four Residences in the Heart of Concord's Thriving Hub

Nestled within the vibrant Majors Bay Road village in Concord, this outstanding mixed-use property presents a rare and promising investment opportunity. Strategically positioned to capture substantial foot traffic and drive-through trade, this three-story building features a unique combination of a ground-level restaurant/café, complemented by four private-entry apartments on the upper levels. Adding to its allure, the property boasts convenient rear lane access for deliveries.
Now is your moment to invest and thrive in a location primed for significant capital growth, offering astute investors a highly sought-after opportunity. This prime freehold building is strategically situated along the bustling Majors Bay Road, making it the ideal destination for premium food and retail ventures.
Key Property Highlights:
• Brand New concrete construction
• Comprising a total of five tenancies, offering diversified income stream.
• Approximately 205.7 sqm of land
• Ground-floor space spanning approximately 120m2, with the potential for an outdoor dining area (subject to council approval)
• Comprising one two-bedroom apartments, two one-bedroom apartments and one studio, providing a diverse income stream, each with private entry
• Equipped with bathroom facilities, including a disabled toilet
• Pre-installed kitchen exhaust duct
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Property Details for 86 Majors Bay Rd, Concord

Building Type
Commercial
Floor Size
342m2
Land Size
205.7m2

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About Concord 2137

The size of Concord is approximately 5 square kilometres. It has 24 parks covering nearly 30.2% of total area. The population of Concord in 2011 was 14,149 people. By 2016 the population was 14,518 showing a population growth of 2.6% in the area during that time. The predominant age group in Concord is 40-49 years. Households in Concord are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Concord work in a professional occupation. In 2011, 74.9% of the homes in Concord were owner-occupied compared with 73.4% in 2016.

Concord has 6,335 properties. Over the last 5 years, Houses in Concord have seen a 57.57% increase in median value, while Units have seen a 27.41% increase. As at 31 October 2024:

  • The median value for Houses in Concord is $3,029,007 while the median value for Units is $1,196,329.
  • Houses have a median rent of $950 while Units have a median rent of $650.
There are currently 18 properties listed for sale, and 35 properties listed for rent in Concord on OnTheHouse. According to CoreLogic's data, 215 properties were sold in the past 12 months in Concord.

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Raine & Horne Concord
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