95 Evans Street,
Balmain, NSW 2041

Hotel, Motel & Leisure

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15 Self Contained Flatettes Significant Cashflow

Large, well maintained, warehouse style building. Currently configured with 15 flatettes.
Run like a block of units, longer term tenancies.
Sprawling ceiling heights, kitchenettes & bathroom facilities within each room.
Walk to entertainment hotspots & park, located close to all amenities & public transport.
Onsite parking, laundry facilities & large communal outdoor / BBQ area.
Great existing cash flow, circa $200k per annum (approx) with potential scope for additional rooms & improvement. (subject to council approval)

Property Code: 494

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