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493B Darling Street
Balmain NSW 2041
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Sold on 17 May 2021

493B Darling Street Balmain NSW 2041

  • Shop & Retail
  • 167 m²
  • Sold, $1,800,000

Balmain retail & residential investment/partial Owner Occupation

    We are pleased to offer 493b Darling Street, Balmain for sale by Private Treaty.

    This superb offering represents a sound investment opportunity located within Balmain's retail precinct, set between both Balmain & Rozelle shopping villages. The property represents a great opportunity for investors or partial owner occupiers who may be looking for a residence with an additional income stream.

    Current improvements comprise a three level brick and timber building comprising ground floor retail and an upper level, two storey residential apartment with separate rear lane access, parking and water views.

    The retail space is currently let to Ally Bell Floral until January 2024. This excellent tenant has been occupying the premises for almost 4 years and has developed a strong and loyal following as one of the area's most popular florists.

    - Potential Net Income - $68,000 per annum
    - Current retail lease expiry January 2024 with a two-year option.
    - First floor is a 2 bedroom, 2 bathroom apartment.
    - Zoning Zone B2 Local Centre

    Property Highlights

    Date Sold17 May 2021
    Sold Price$1,800,000
    Floor Area167 m²
    Land Area104 m²
    ParkingAsk Agent
    Property ID2016952968
    Category
    Last updated  17 May 2021
    Map for 493B Darling Street Balmain NSW 2041

    Nearest transport* to 493B Darling Street Balmain NSW 2041

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    Property Highlights

    Date Sold17 May 2021
    Sold Price$1,800,000
    Floor Area167 m²
    Land Area104 m²
    ParkingAsk Agent
    Property ID2016952968
    Category
    Last updated  17 May 2021

    Co-Agents

    Danny Cobden
    Danny Cobden
    CobdenHayson Balmain
    Call
    0411 144 210
    Jack Tinworth
    CobdenHayson Balmain
    Call
    0448892033

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