167 Concord RoadNorth Strathfield NSW 2137
Property Details for 167 Concord Rd, North Strathfield
Last Listing description (June 2025)
North Strathfield Chinese Restaurant for Sale | Fully Renovated | Turnkey Operation
Business Overview
This Chinese restaurant is located near the main street of Strathfield, with a total area of approximately 300 sqm (ground floor for dining and upper level for personal or staff accommodation). The environment is clean and well-maintained, with complete facilities. The shop has undergone a full renovation, equipped with a comprehensive kitchen setup, and has a well-planned seating arrangement, making it an ideal location for a dine-in and takeaway business.
Trading Hours: Flexible, can be adjusted based on operational needs
Store Features:
11 dining tables with approximately 30 seats, including a backyard space
Fully equipped kitchen, with facilities investment around $100,000
Total renovation investment approximately $380,000
Well-structured layout, clean and tidy
Operation Model: Currently operated by a couple along with one staff member; streamlined structure, highly efficient operations
Key Advantages
- Spacious Area
- Modern Renovation
Approximately 300 sqm of floor space, offering flexible layout options
Fully renovated interior with modern design and a fully equipped kitchen
Additional usable backyard space expands operational flexibility
Prime Location middot; Stable Customer Base
Located near the main street of Strathfield with excellent transport access
Close to the train station and surrounded by complete commercial amenities, ensuring steady foot traffic
Low Operating Cost middot; Long-Term Lease Security
Weekly rent at $1200 + GST, maintaining reasonable operational costs
Additional expenses (such as strata and waste disposal) are proportionally shared with the landlord
Remaining lease of 14 years (4+5+5), with renewal options for long-term operation
Annual rent increase set at 4%
Turnkey Business middot; Easy Takeover
All equipment and inventory in place, no additional investment required
Staff arrangement is efficient, with a clear operational model ready for immediate takeover
Business ID: 147
Property History for 167 Concord Rd, North Strathfield, NSW 2137
- 15 Apr 2025Listed for Sale Contact Agent
- 02 Jun 2021Listed for Rent - Price not available
- 23 May 2019Listed for Rent $400 per week
Recent sales nearby
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About North Strathfield 2137
The size of North Strathfield is approximately 1.0 square kilometres. There are 5 parks, covering nearly 0.6% of the total area. The population of North Strathfield in 2016 was 4767 people. By 2021 the population was 4618 showing a population decline of 3.1% in the area during that time. The predominant age group in North Strathfield is 20-29 years. Households in North Strathfield are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Strathfield work in a professional occupation.In 2021, 49.10% of the homes in North Strathfield were owner-occupied compared with 50.00% in 2016.
North Strathfield has 2,494 properties. Over the last 5 years, Houses in North Strathfield have seen a 10.18% increase in median value, while Units have seen a 12.05% increase. As at 31 July 2026:
- The median value for Houses in North Strathfield is $2,433,279 while the median value for Units is $935,034.
- Houses have a median rent of $980 while Units have a median rent of $750.
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