331 Concord RoadConcord West NSW 2138
Property Details for 331 Concord Rd, Concord West
Last Listing description (February 2023)
Fully leased on a fresh 3 x 3 x 3 year lease with potential existing tenancy in occupation until 2031.
If you are after a high performing investment, this opportunity is not to be missed.
We are excited to offer for sale this double storey building in a high exposure prime location.
Zone B4 for mixed use with an array of suitabilities such as office space, retail use and residential living.
Walking distance to Concord West train Station and buses, this asset is surrounded by an array of busy tightly held businesses.
GROUND FLOOR OFFERS:
- 101 sqm*
- Open plan level floor space
- Two toilet facilities
- Updated Kitchen
- Storage room or office
- Four onsite parking spaces
FIRST FLOOR OFFERS:
- Bathroom facilities
- Three offices or bedrooms
- Internal staircase
KEY FEATURES:
- Fully leased on a fresh 3 x 3 x 3 year lease with potential existing tenancy in occupation until 2031.
- Currently returning $54,340 including GST plus 100% of outgoings are recoverable and paid by the tenant.
- Significant main road exposure
Water: approx. $160/qtr | Council: $468/qtr
For more information or to book your inspection, call or email us anytime, 24 Hours, 7 Days.
Disclaimer: All the content including all the text, photographs, data and images is provided for information purpose only and while all care is taken in its presentation, Whitehaus Real Estate does not guarantee or warrant the accuracy, completeness of the information.
Property History for 331 Concord Rd, Concord West, NSW 2138
- 25 Oct 2022Listed for Sale $1,500,000
- 25 Mar 2021Listed for Rent - Price not available
- 04 Dec 2008Sold for $547,000
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About Concord West 2138
The size of Concord West is approximately 2.7 square kilometres. It has 11 parks covering nearly 5.6% of total area. The population of Concord West in 2011 was 5,848 people. By 2016 the population was 5,906 showing a population growth of 1.0% in the area during that time. The predominant age group in Concord West is 40-49 years. Households in Concord West are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Concord West work in a professional occupation. In 2011, 76.7% of the homes in Concord West were owner-occupied compared with 75.5% in 2016.
Concord West has 2,508 properties. Over the last 5 years, Houses in Concord West have seen a 38.23% increase in median value, while Units have seen a 27.13% increase. As at 31 December 2024:
- The median value for Houses in Concord West is $2,725,699 while the median value for Units is $922,469.
- Houses have a median rent of $995 while Units have a median rent of $598.
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