OFF MARKET

227 Darling Street
Balmain NSW 2041

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 145m2
Land area: 152m2
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Property Details for 227 Darling St, Balmain

Building Type
Commercial
Floor Size
145m2
Land Size
152m2
Local Government
Inner West
Lot/Plan
A/DP157476

Last Listing description (August 2023)

Busy Japanese Fusion restaurant, Business & lease for sale
(Lease available to be transferred ONLY with business purchase)

Fully fitted out restaurant with greasetrap and exhaust stack

With approval for outdoor seating & Liquor licence
Indoor seating over 2 floors

Lease term: Lease till 2020 with a further option for an additional 5 years.

Current business owner is looking for offers below replacement value to setup a similar operation to assign the new lease with all fixtures & fittings so new business owner can walk in and start business immediately.

Price negotiable within reason.

Property History for 227 Darling St, Balmain, NSW 2041

A timeline of how this property has performed in the market
Last Sold
$1,715,000
21 Oct 2009
Listed for Rent
$80k/w
03 Aug 2023
  • 03 Aug 2023
    Listed for Rent $80,000 / week
  • 29 May 2020
    Listed for Sale Not Disclosed
  • 28 Nov 2018
    Listed for Rent $80,000 / week
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About 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.
There are currently 7 properties listed for sale, and 20 properties listed for rent in Balmain on OnTheHouse. According to CoreLogic's data, 241 properties were sold in the past 12 months in Balmain.

Suburb Insights for Balmain 2041

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.