Investor acquires vacant Concord office

A vacant office in Sydney’s west Concord has sold for $11 million to an investor.

The three storey building at 111 Parramatta Road contains 3162 square metres of area and 80 car parks.

The site spreads 1725 square metres, zoned B6 – Enterprise Corridor.

The M4 is about 250 metres away.

PropertyFox’s Tim Ovenden and Tim Fox, the sales agents, said the office is now for lease (story continues below).

Concord is about 10 kilometres from town.

In June, Charter Hall paid Reading Property Group $90m for an entertainment and development site on Parramatta Rd, Auburn – about six kilometres away.

Near there, on the street, Costco seven months ago paid $30.5m for a showroom abutting its Lidcombe store.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of