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75 Mullens Street Balmain NSW 2041

  • Offices
  • 360 m²
  • For Sale, For Sale $2,490.000

Leased Investment with Dev Upside

Ray White Commercial Sydney City Fringe are pleased to present 75 Mullens St, Balmain to the market for sale.

Located on the corner on Mullens and Reynolds Streets, a major thoroughfare to the heart of Darling street Balmain and within 6kms from Sydney CBD, Sydney Fish Markets, White Bay precinct, University of technology and Sydney University with convenient access to major arterials, amenities and public transport.

The property has a rich history, built circa 1879 as a local watering hole once known as'Norfolk Pine Hotel' now serving as residential accommodation with endless upside.

75 Mullens Street benefits from the following key attributes:

- Two level building with basement
- Two street frontages with 2 separate residences
- Holding income with a strong income history
- Previous DA approval for 5 residential units - currently lapsed
- 1 onsite car park
- Recent upgrades to kitchen and bathrooms
- Ground Floor 5 large rooms with kitchen and bathroom
- First Floor 6 large rooms with kitchen and 2 bathrooms
- Basement storage
- Zoned R1: General residential with existing commercial use rights

For more information or to request a copy of the information memorandum, please contact the exclusive selling agents.

*Approximate

Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.

Lachlan Palm
Sales & Leasing
Ray White Commercial Sydney City Fringe
0452 008 887
lachlan.palm@raywhite.com

Kristian Morris
Principal & Licensee In Charge
Ray White Commercial Sydney City Fringe
0411 415 297
kristian.morris@raywhite.com

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2016293592
Floor Area360 m²
Land Area209 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  3 Jul 2020
Map for 75 Mullens Street Balmain NSW 2041
Map for 75 Mullens Street Balmain NSW 204175 Mullens Street Balmain NSW 2041
Ray White Commercial Sydney City Fringe
Ground Floor Suite 9/198-206 St Johns Road Glebe NSW 2037

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