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Address available on request Balmain, NSW 2041

Address available on request,
Balmain, NSW 2041

Hotel, Motel & Leisure

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Great Location…Excellent Presentation…Huge Upside

Under instructions from Receivers & Managers

- Weekly revenues exceeding $61,000
- 18 poker machine entitlements (SIA 24)
- Opportunity for gaming-smoking room solution
- Prominently located on Balmain’s busiest street
- Excellent underlying property value
- Impeccable presentation – no capital expenditure required
- Residential or retail conversion opportunity – rear building

Indicative Price: $5-10 million

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
+61 424 257 0...
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Address available on request
Balmain, NSW 2041
JLL - Hotels & Hospitality Group
Level 27, 180 George Street
SYDNEY, NSW 2000

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