363-377 Darling Street, Balmain, NSW 2041

Retail | Offices | Hotel/Leisure

Sold

  • Property ID: 431887
  • Floor Area: 998m²
  • Land Area: 538m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 15/11/2023 998m2 538m2 Contact Agent
UNRIVALED INVESTMENT - LANDMARK BUILDING

It is very seldom that an opportunity comes along to own a building of this calibre. In prime Darling street position, in the heart of Balmain, this is a once in a generation offering.

Taylor Nicholas are proud to exclusively offer for sale - via Expressions of Interest - a key Inner West asset with established tenancies and strong rental growth.

Features include:

- Triple street frontage
- Prominent position on Darling Street
- Diverse income stream across nine (9) tenancies
- Fully tenanted and currently returning $543,672 p.a. net
- Strong annual increases (all but 1 tenant on CPI + 3%)
- Centrally located with ease of access to transport, green space and amenity
- Secure commercial investment with reliable rental income and solid future growth

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.

Property Detail Notes:

  • 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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