50 Mortlake Street, Concord, NSW 2137

Retail | Offices | Development/Land

Sold Contact Agent

  • Property ID: 402702
  • Floor Area: 228m²
  • Land Area: 228m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 228m2 228m2 Contact Agent
Sold: December 2021 - Investment + Development Upswing

Auction Location: Mezzanine Level, 50 Margaret Street, Sydney.

Motivated Vendor!

Premium investment property with mixed use development potential (STCA).

Secure and successful tenant.

Fully renovated two-level building featuring a most popular restaurant premise with a new kitchen and bathroom, fully licensed bar, indoor and outdoor seating areas, huge bi-folding glass opening onto undercover outside dinning.

Corner position and excellent exposure on Mortlake Street, Mortlake Lane and Van Hee Street. Rear access and double lock up garage and storage.

Currently leased to Farina Pizzeria on a secure 5 + 5 year lease.

Site Area: 228sqm approximately.

Ample street parking and bus stops in front of the property. Short distance to ferry transport. Easy access to main traffic routes: Majors Bay Road, Concord Road, Victoria Road, Parramatta Road, M4 Motorway and Westconnex.

Auction to be held on Tuesday, 14th December 2021 - 10:30am at 50 Margaret Street, Sydney.

Disclaimer:
Every care has been taken to verify the accuracy of the information contained herein, but no warranty is given or implied and prospective purchasers/tenants are advised to carry out their own investigations. Details herein do not constitute any representation by the vendor. Lessor or the agent and are expressly excluded from any contract.

Concord Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $220 ---
Retail --- $505 ---
Offices --- $505 ---
This is the average advertised price, rent and yield for Concord, NSW 2137*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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