4/127-139 Majors Bay RoadConcord NSW 2137
Property Details for 4/127-139 Majors Bay Rd, Concord
4/127-139 Majors Bay Rd, Concord is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2006. The property has a land size of 3152m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (May 2022)
This modern, 3 storey duplex will appeal to investors looking to secure an executive investment property with government guaranteed rent and a quality tenant. Located within easy driving distance to: Nth Strathfield station, Sydney Olympic Park and a plethora of local: schools, shops, restaurants and cafes this property has the additional advantage of providing a long-term steady income stream for its owner. Currently rented to Defence Housing Australia (DHA) until June 2024, with a further 3 year option. Purchase now and have the choice to: sell, rent out or move in after DHA conduct their end of lease make good.
Property Features
3 bedrooms all with built ins, main with ensuite; all carpeted
2 bathrooms- main with bath and separate shower
internal access to secure basement double garage
Generous size living area- timber flooring
Open plan family/dining and kitchen
Kitchen with gas top cooking, rangehood, electric oven and dishwasher
Internal laundry complete with washer/dryer
Convenient guest toilet on ground floor
Low Maintenance front and rear courtyard
Ducted Air conditioning/heating
Built: 2006
Size: 292 sqm
Whats Nearby?
Distance to amenities (approx.)
Coles Concord: 500m (2 min)
Nth Strathfield Station: 1.7km (4 min)
Mortlake Public School:700m (2 min walk)
Strathfield North Public School: 1.4km (3min)
McDonald College: 2.1km (5 min)
Concord Hospital: 3.2km (5 min)
Sydney Olympic Park: 3.9km
Lease details:
Lease Edition: 6B
Current weekly rent (2022): $875 p.w (reviewed annually)
Lease: 19/06/2012- 18/06/2024
Lease option: 1 x up to 36 months
Right to Vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension (refer to the DHA Lease Agreement)
All options and variations are exercised at DHA's discretion
DHA lease benefits:
DHA guarantee to pay the rent even if the property is vacant.
DHA Property Care, an all-inclusive service fee, covers a range of property related services.
The property is professionally cleaned at the end of each tenancy period.
The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement
This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property.
Photos are supplied under agreement by DHA and are for illustration purposes only.
In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
To find out more about this great investment opportunity please contact Tracee Stuart at Hudson Property, the Defence Specialists.
Property History for 4/127-139 Majors Bay Rd, Concord, NSW 2137
- 10 Dec 2021Sold for $1,600,000
- 08 Oct 2021Listed for Sale $1,680,000
- 16 May 2012Sold for $820,000
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0About 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 6,369 properties. Over the last 5 years, Houses in Concord have seen a 53.73% increase in median value, while Units have seen a 26.00% increase. As at 30 November 2024:
- The median value for Houses in Concord is $3,122,742 while the median value for Units is $1,115,115.
- Houses have a median rent of $985 while Units have a median rent of $685.
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