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Sold on 03 Jun 2024 - Price Unavailable

42 Crane Street
Concord NSW 2137

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 160m2
Land area: 132.8m2
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Property Details for 42 Crane St, Concord

Building Type
Commercial
Floor Size
160m2
Land Size
132.8m2

Last Listing description (June 2024)

Situated on bustling Crane Street with high passing traffic, this property features convenient off-street parking with two spaces behind the premises.

The unique space includes commercial/retail area on the ground floor and a one-bedroom residential apartment upstairs. It is part of a row of five commercial properties and is within walking distance of Majors Bay Road, Concord's main street, offering various lifestyle amenities like cafes and restaurants.
Additionally, it is close to Parramatta Road, Burwood, and the new Burwood 'Metro' station within a 1km radius. This property presents an investment opportunity with a current tenant in place. It boasts excellent brand exposure on the busy street and is close to the heart of Concord, making it a rare find for those seeking a distinctive retail/residential combination.

Features include double parking, rear lane access, and a leased residential apartment upstairs with a private bathroom. The land size is approximately 132.8 sqm, with a building size of around 160 sqm.

An Information Memorandum is available upon request, and inspections are by appointment.

All information in this document has been gathered from various third-party sources we believe to be reliable; however, we cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers are advised to carry out their own investigations and rely on their own inquiries.

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Property History for 42 Crane St, Concord, NSW 2137

A timeline of how this property has performed in the market
Last Sold
03 Jun 2024
Listed for Rent
$11/w
19 Sep 2022
  • 03 Jun 2024
    Sold for $1,100,000
  • 08 Mar 2024
    Listed for Sale Contact Agent | Craig McKenzie
  • 21 Jun 2022
    Listed for Sale Not Disclosed
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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 6,368 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.
There are currently 10 properties listed for sale, and 33 properties listed for rent in Concord on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Concord.

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Contact agent
Craig McKenzie
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Warwick Williams Real Estate Drummoyne
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