Balmain’s iconic Cameron’s Marina in once-in-a-lifetime sale
The iconic Cameron’s Marina in Balmain has hit the market after being held by the same family for about 60 years.
A rare opportunity for all buyers, the marina on Phoebe St is for sale via an Expressions of Interest campaign with expectations of $6 million-plus.
The property has both on-land freehold and on-water options for further development (STCA), with a 16m waterfront position and 20 fixed berths, a work berth, slipway and 21 swing moorings.
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Kathy Jackson’s late father Peter Cameron purchased the property in the 1960s for $26,500 and she currently owns it with her two brothers, Robert and John Cameron.
Originally called Chapman’s Marina, it has been used since the 1960s for a variety of activities, including completing work on many timber boats used by the Royal Australian Navy.
The most famous is the 168 boat, which has transported Queen Elizabeth II and Prince Charles on some of their visits to Sydney.
In the early 1980s the workshop burnt down, but it was rebuilt by Jackson’s brother John, a builder, shortly after.
“It is time to move on — we are sad to see it go but there comes a time for everything,” Jackson says.
Agent Andrew Langsford of JLL Hotels and Hospitality Group says an asset like this is “rarely seen”.
The last similar sale like this was Woolwich Marina, which sold in 2015.
The expressions of interest campaign closes July 4.
This article from the Geelong Advertiser originally appeared as “Developers turn from banks to secure funds for Geelong’s Ritz project”.