Colliers International are excited to offer 366B Darling Street, Balmain for sale via Expressions of Interest.
One of the most recognisable buildings in Balmain, The Balmain Post Office offers an opportunity to acquire a rare piece of Sydney’s architectural history. The property benefits from an excellent rental profile with compelling upside and will suit a wide variety of savvy investors.
Key property highlights include:
- First time offered in over 25 years.
- Sensational positioning within the heart of the Balmain peninsular.
- Adjoining property (Balmain Telephone Exchange) enjoys DA approval for part demolition and creation of a town square style park area which will enhance amenity and expose the Balmain Post Office’s heritage facade.
- Commanding freehold building built in the late 1880’s with strong street presence.
- Versatile floor plate with ground floor retail, first floor offices and a second floor clock tower with amazing gun barrel Harbour and Harbour Bridge views.
- Rear lane access with parking.
- Fully net lease to Australia Post expiring in February 2022.
- Current rental considered to be below market parameters inviting generous rental reversion upon lease expiry.
- Suitable for passive investors seeking cash flow, future owner occupiers, value add operators or land bankers.
For further information don’t hesitate to contact the exclusive agents.