85/24 Buchanan Street,
Balmain, NSW 2041
Offices
Key property information
Floor area
Car spaces
Tenure type
Sold on
Map of 85/24 Buchanan Street
Inner West Office - Prime Investment Opportunity in Balmain
Excellent investment with long-term, multinational tenant in highly desirable Balmain.
This office offers so much, a street level frontage, open plan office filled with natural light, the office has a kitchenette, its own pergola covered courtyard and two secure basement car parking spaces. The complex also includes a heated pool, gym, BBQ and garden areas making this a great lifestyle asset too.
24 Buchanan St, Balmain will be a 5-minute walk to the new Bays Waterfront Promenade and the Bays Metro Station. Over the next 7 years the White Bay area will be redeveloped. The Bays Metro Station will deliver rail to the area for the first time, providing critical connections to the Sydney CBD and the western suburbs.
Key Features:
- Prime Location: Situated in historic Balmain, a prestigious Inner West hotspot known for its bustling village atmosphere, trendy cafes, and proximity to Sydney CBD.
- Modern Open-Plan Design: Bathed in natural light, this sleek office boasts an open layout, fostering a productive and inviting workspace.
- Exclusive Amenities: Features a private kitchenette and a charming pergola-covered courtyard, perfect for client meetings or staff relaxation.
- Secure Parking: Includes two dedicated basement car spaces, a premium perk in this high-demand area.
- Lifestyle Complex: The property is part of a sought-after complex offering a heated pool, state-of-the-art gym, BBQ facilities, and beautifully landscaped garden areas – enhancing tenant satisfaction and property value.
- Only 5-minute walk to the beautiful Punch Park and tennis courts, the Balmian Hotel and Bald Rock Hotel.
Freshly signed 3-year lease with a 3-year option giving stable, secure income for the new owners.
Income:
Current $3,508 per month + GST - $42,101 pa + GST
1 July 2026 - $3,631 pm + GST - $43,574 pa + GST
1 July 2027 - $3,758 pm + GST - $45,099 pa + GST
1 July 2028 - $3,889 pm + GST - $46,677 pa + GST
Rental Return: 5.7%
Quarterly Outgoings (approx.):
- Council Rates: $380.00
- Water Rates: $172.00
- Strata Fees: $1,808.75
Size (approx.):
- Total Area: 104 sqm
- Office Area: 51 sqm
- Courtyard: 22 sqm
- Parking: 31 sqm
Tenant:
These premises have had the same tenant for 17 years, being the Australian head office for a multi-national company from New Zealand with other offices in Asia, India, the Middle East and Europe. World leading specialists in food and chemical bulk handling and processing systems, a highly respected and desirable tenant.
Why Invest in Balmain?
Balmain’s Inner West charm, coupled with its proximity to Sydney’s CBD, makes it a magnet for businesses and professionals. With its blend of historic character, modern conveniences, and a thriving commercial scene, this location ensures strong capital growth and tenant retention. This office is not just a property – it’s a lifestyle asset and a gateway to long-term wealth creation.
Don’t miss this rare opportunity to own a premium commercial property in one of Sydney’s most coveted suburbs. Secure your future with this turnkey investment today!
This office offers so much, a street level frontage, open plan office filled with natural light, the office has a kitchenette, its own pergola covered courtyard and two secure basement car parking spaces. The complex also includes a heated pool, gym, BBQ and garden areas making this a great lifestyle asset too.
24 Buchanan St, Balmain will be a 5-minute walk to the new Bays Waterfront Promenade and the Bays Metro Station. Over the next 7 years the White Bay area will be redeveloped. The Bays Metro Station will deliver rail to the area for the first time, providing critical connections to the Sydney CBD and the western suburbs.
Key Features:
- Prime Location: Situated in historic Balmain, a prestigious Inner West hotspot known for its bustling village atmosphere, trendy cafes, and proximity to Sydney CBD.
- Modern Open-Plan Design: Bathed in natural light, this sleek office boasts an open layout, fostering a productive and inviting workspace.
- Exclusive Amenities: Features a private kitchenette and a charming pergola-covered courtyard, perfect for client meetings or staff relaxation.
- Secure Parking: Includes two dedicated basement car spaces, a premium perk in this high-demand area.
- Lifestyle Complex: The property is part of a sought-after complex offering a heated pool, state-of-the-art gym, BBQ facilities, and beautifully landscaped garden areas – enhancing tenant satisfaction and property value.
- Only 5-minute walk to the beautiful Punch Park and tennis courts, the Balmian Hotel and Bald Rock Hotel.
Freshly signed 3-year lease with a 3-year option giving stable, secure income for the new owners.
Income:
Current $3,508 per month + GST - $42,101 pa + GST
1 July 2026 - $3,631 pm + GST - $43,574 pa + GST
1 July 2027 - $3,758 pm + GST - $45,099 pa + GST
1 July 2028 - $3,889 pm + GST - $46,677 pa + GST
Rental Return: 5.7%
Quarterly Outgoings (approx.):
- Council Rates: $380.00
- Water Rates: $172.00
- Strata Fees: $1,808.75
Size (approx.):
- Total Area: 104 sqm
- Office Area: 51 sqm
- Courtyard: 22 sqm
- Parking: 31 sqm
Tenant:
These premises have had the same tenant for 17 years, being the Australian head office for a multi-national company from New Zealand with other offices in Asia, India, the Middle East and Europe. World leading specialists in food and chemical bulk handling and processing systems, a highly respected and desirable tenant.
Why Invest in Balmain?
Balmain’s Inner West charm, coupled with its proximity to Sydney’s CBD, makes it a magnet for businesses and professionals. With its blend of historic character, modern conveniences, and a thriving commercial scene, this location ensures strong capital growth and tenant retention. This office is not just a property – it’s a lifestyle asset and a gateway to long-term wealth creation.
Don’t miss this rare opportunity to own a premium commercial property in one of Sydney’s most coveted suburbs. Secure your future with this turnkey investment today!
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
04143309...
85/24 Buchanan Street
Balmain, NSW 2041
The Property Business Australia - SYDNEY33 Shelley Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
