205 Darling StreetBalmain NSW 2041
Property Details for 205 Darling St, Balmain
Last Listing description (November 2020)
*** EOI is closed - Offers under consideration ***
The Savills NSW Metropolitan & Regional Sales team have the exclusive opportunity to offer 205 Darling Street, Balmain to the market.
Located in one of Sydneys most popular Inner West suburbs and home to a vibrant retail, cafe and bar scene. The property consists of a commercial and residential component. Currently operating as an Art Studio, the property presents an opportunity for investors or owner-occupiers to live above their investment or utilise a diversified rental income stream.
Property Highlights:
- AAA+ Trophy mixed-use investment located on one of the Inner Wests most high profile retail strips
- Strong building size of 116sq m* with 180-degree uninterrupted views of the Sydney CBD Skyline to Barangaroo
- Prominent Darling Street frontage plus rear lane access
- Fully let investment with a secure lease to East Village Art House with a (1) year option, and a separate lease for residential tenancy
- Two (2) level residential tenancy with one (1) bedroom and one (1) bathroom
- Current net rent of $60,020pa*
- Darling Street in Balmain is one of the Inner Wests most prestigious and affluent streets famed for its premier national retailers, village charm and breathtaking tree-lined streetscape.
For further Information, please feel free to contact the exclusive listing agents.
*Approx.
Property History for 205 Darling St, Balmain, NSW 2041
- 12 Nov 2020Sold for $1,400,000
- 24 Apr 2020Listed for Sale Contact Agent
- 02 Aug 2019Listed for Rent - Price not available
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0About Balmain 2041
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 6,055 properties. Over the last 5 years, Houses in Balmain have seen a 26.28% increase in median value, while Units have seen a 29.06% increase. As at 30 November 2024:
- The median value for Houses in Balmain is $2,637,656 while the median value for Units is $1,400,855.
- Houses have a median rent of $1,000 while Units have a median rent of $780.
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