2/15 King St, Balmain is a 2 bedroom, 1 bathroom Unit and was built in 1978. The property has a land size of 941m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Balmain in the last 12 months.
Set in a sought after position enjoying unrivalled convenience and a vibrant Balmain lifestyle, this generous apartment in a tightly-held building with secure access, presents a superb opportunity for first home buyers and investors.
Accommodation:
* Two bedrooms
Features:
* Car space
* Private balcony
* Scope for further enhancements
* Quiet location moments to cafes, shops, Elkington Park & transport
* Rental potential $625 per week
Unit - 63sqm inc balcony
Parking - 13 sqm
Total - 76sqm
Strata rates $811 per quarter (approx.)
Water rates $180 per quarter (approx.)
Council rates $322 per quarter (approx.)
Strata Report is now available via https://www.beforeyoubid.com.au/purchase/unit-2-15-king-street-balmain-nsw-2041/strata?utm_medium=link-letter&utm_source=ofi
The size of Balmain is approximately 1.6 square kilometres. It has 15 parks covering nearly 8.8% of total area. The population of Balmain in 2011 was 9,783 people. By 2016 the population was 10,463 showing a population growth of 7.0% in the area during that time. The predominant age group in Balmain is 30-39 years. Households in Balmain are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balmain work in a professional occupation. In 2011, 54.2% of the homes in Balmain were owner-occupied compared with 55.6% in 2016.
Balmain has 6,021 properties. Over the last 5 years, Houses in Balmain have seen a 41.78% increase in median value, while Units have seen a 31.10% increase. As at 30 September 2024:
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