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