63 Majors Bay RoadConcord NSW 2137
Property Details for 63 Majors Bay Rd, Concord
Last Listing description (May 2018)
Auction 11am AEDT Tuesday 27 March 2018
Doltone House Hyde Park Sydney
Landmark 100% leased retail investment in Sydney s Inner West
Australia s leading health, beauty and wellbeing retailer, established 1982
Bustling corner position on main intersection of Majors Bay Road
Ground floor Pharmacy: leased to October 2025 + 5 year option
First floor Physio: leased to February 2021 + 5 year option
Exceptionally vibrant retail village precinct comprising cafes & restaurants servicing affluent waterside catchment along Parramatta River
Attractive 3% and 3.5% annual rental increases
Substantial well presented 2 storey building + 3 on-site garaging
Tenants pay usual outgoings, as per leases
Net Income: $327,457 pa + GST
Reluctant sale due to vendors ill health
Property History for 63 Majors Bay Rd, Concord, NSW 2137
- 27 Mar 2018Sold for $7,650,000
- 23 Feb 2018Listed for Sale $7,650,000
- 06 Dec 2016Sold for $6,610,000
Recent sales nearby
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About Concord 2137
The size of Concord is approximately 5.0 square kilometres. There are 24 parks, covering nearly 30.2% of the total area. The population of Concord in 2016 was 14533 people. By 2021 the population was 14551 showing a population growth of 0.1% in the area during that time. The predominant age group in Concord is 50-59 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 2021, 74.60% of the homes in Concord were owner-occupied compared with 73.40% in 2016.
Concord has 6,415 properties. Over the last 5 years, Houses in Concord have seen a 20.50% increase in median value, while Units have seen a 9.47% increase. As at 31 July 2026:
- The median value for Houses in Concord is $3,096,124 while the median value for Units is $1,235,603.
- Houses have a median rent of $1,100 while Units have a median rent of $725.
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