244-250 Darling Street,
Balmain, NSW 2041

Shops & Retail • Offices • Other

Key property information

Land area

Floor area

Tenure type

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Map of 244-250 Darling Street

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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 & ample toilets
- High profile corner position
- Located within the best part of the retail strip metres from Woolworths, major banks & 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 8...

Balmain, 2041 demographic data

The median household income for Balmain is $3,039, 46% higher than Greater Sydney's household income of $2,077. Balmain has an older age profile compared to the rest of Greater Sydney (median age 42 vs 37). Property ownership data shows 49% of property owners in Balmain have a mortgage.

10,454

Population

$3,039 per week

Median household income

42 years

Median age

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Most residents

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Most households