307 Concord RoadConcord West NSW 2138
Property Details for 307 Concord Rd, Concord West
Last Listing description (December 2023)
This is your opportunity to secure a large landholding of 1101 sqm zoned B1 with 3 street frontages & a strong national tenant - Restaurant Brands Australia.
Key Highlights:
+ Freestanding well-presented fast food restaurant with Drive Through
+ Landlord favourable lease
+ Recent refurbishment to building
+ High profile 1,101sqm corner position with 7 car spaces on-site
+ Guaranteed strong rental growth - Fixed 3% annual rent increases
+ From 14th Dec 2022 Income will be: $228,571.80 pa + GST (approx.)
+ Prominently positioned on corner block with 3 street frontages
+ Within close proximity to Sydney Olympic Park
+ Nearby Concord Hospital and Concord West Train Station
+ Positioned within moments to the M4 Motorway + proposed Metro Station
+ Prestigious Primary & High schools in the local area
+ Zoned B1 Neighbourhood Centre
+ On termination of lease there is a huge upside for re-development potential (STCA)
For Sale via Auction
Tuesday 11th October 2022 at 10.30 am
Auctionworks - Mezzanine Level, 50 Margaret St, Sydney
For a copy of the Contract for Sale, the Information Memorandum, or to arrange an inspection please contact Adam Scappatura on 0413 355 481.
Disclaimer: All descriptions, dimensions, references to conditions and necessary permission for use and occupation are results of departmental enquiries. Assumptions relating to current rents (if any) and rent reviews, estimated sale prices, conversion costs and other details are given in good faith and are believed to be correct, but any prospective purchasers should not rely upon them as statements of representations of fact, but must satisfy themselves by inspection, enquiries or otherwise as to the correctness and comprehensiveness of each of them.
Property History for 307 Concord Rd, Concord West, NSW 2138
- 11 Oct 2022Sold for $6,200,000
- 09 Sep 2022Listed for Sale SOLD | Time Realty
- 02 Dec 2003Sold for $1,940,000
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0About 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 2016 was 5914 people. By 2021 the population was 6178 showing a population growth of 4.5% 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 2021, 72.80% of the homes in Concord West were owner-occupied compared with 75.50% in 2016.
Concord West has 2,633 properties. Over the last 5 years, Houses in Concord West have seen a 32.40% increase in median value, while Units have seen a 24.47% increase. As at 30 April 2026:
- The median value for Houses in Concord West is $2,714,807 while the median value for Units is $1,054,751.
- Houses have a median rent of $1,050 while Units have a median rent of $640.
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