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CBRE - Sydney

1 Caroline Street Balmain, NSW 2041

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1 Caroline Street,
Balmain, NSW 2041

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Sale - Auction

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Car spaces

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CBRE - Sydney
1 Caroline Street
Balmain, NSW 2041
CBRE - Sydney
Nicholas Heaton
Matthew Fenn

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000

Map of 1 Caroline Street

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ENTIRE APARTMENT BLOCK WITH HARBOUR AND SKYLINE VIEWS

  • 38 x studio apartments
  • Land area: 841sqm*
  • Building area: 1,089sqm*
CBRE, as the exclusive agents are pleased to present, 1 Caroline Street, Balmain.

The property is a two-storey brick unit block comprising 38 studio apartments and 16 car spaces. The property commands a corner position with two large street frontages along Caroline Street (30m*) and Caroline Lane (30m*). Each apartment features a kitchenette and bathroom whilst the building also includes equipped shared kitchen and laundries and a large sunny inner courtyard.

1 Caroline Street, Balmain benefits from the following key attributes:

- 38 x studio apartments
- Harbour and city skyline views
- Land area of 841sqm* with an building area of 1,089sqm*
- Fully leased gross passing income: $511,703 per annum*
- Refurbishment and strata subdivision potential
- Premium location within a rapidly growing area
- Short walk to Balmain and Balmain East Wharves providing direct access to Sydney CBD and several other locations
- Two minute* walk to Balmain’s main retail and dining strip along Darling Road

The property will be sold via public auction on Tuesday, 31st March 2020 at 12.00pm.

Property ID: 503500762Last Updated: 29 Mar 2020

Agency contacts

CBRE - Sydney
CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000
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Nicholas Heaton

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Nicholas Heaton
CBRE - Sydney
1 Caroline Street Balmain, NSW 2041

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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