1 Caroline Street,
Balmain, NSW 2041
Other
Key property information
Floor area
Car spaces
Property extent
Tenure type
Sold on
CBRE - Sydney
Level 21, 363 George StreetSYDNEY, NSW 2000
02 9333 33...
1 Caroline Street
Balmain, NSW 2041
Map of 1 Caroline Street
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.
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.
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
Owners
Most residents
Families
Most households
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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