244-250 Darling Street, Balmain, NSW 2041

Investment | Retail | Offices | Other

Sold

  • Property ID: 197826
  • Floor Area: 750m²
  • Land Area: 400m²
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 23/03/2017 750m2 400m2 Contact Agent
SOLD

5% NET RETURN - WITH OPTIONS
Offered for sale - Five separate shops + three quality first floor offices. The corner of Booth Street and Darling Street, Balmain.
Property Features Include:
- 5 shops plus 3 offices
- Fully leased with new 5 year leases
- Gross income $565,611.00 pa + GST
- Fully refurbished 2 storey building
- 65 metres of street frontage
- Could suit corporate or SMSF investor
- Complete internal re-build
- Future proofed with built in provisions for alternate uses - grease trap, exhaust and ample toilets
- High profile corner position
- Located within the best part of the retail strip metres from Woolworths, major banks and public car park
- Impossible to repeat this size land holding opportunity in this thriving retail shopping precinct
- Rental income underpinned by popular experienced retailers and businesses
- Scope to redevelop (STCA)

Agent Contact Details:
Tim Morrison - 0416 204 848

Balmain Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $559 ---
Retail --- $480 ---
Offices $10278 $866 8.43%
This is the average advertised price, rent and yield for Balmain, NSW 2041*
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.
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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™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 244-250 Darling Street, Balmain, NSW 2041. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 244-250 Darling Street, Balmain, NSW 2041. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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