OFF MARKET

300 Darling Street
Balmain NSW 2041

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 107m2
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Property Details for 300 Darling St, Balmain

Building Type
Commercial
Land Size
107m2
Local Government
Inner West
Lot/Plan
102/DP1215694

Last Listing description (February 2019)

Ray White Commercial NSW - Sydney City Fringe & Lower North Shore are pleased to offer 300 Darling Street, Balmain for sale.
The property is only metres form the commercial epicentre anchored by Woolworths with excellent street exposure whilst leveraging from multiple council parking options.
* Land area of 240sqm* NLA 207sqm* over two titles

* Recently undergone a full refurbishment
* Rear lane access and parking
* Large over street veranda providing additional seating
* Leased to proven operator Chon Thai
* New 5 + 5 year lease, commenced April 2018
* Net Income $156,000 + GST per annum
* Tenant pays 100% of outgoings, annual 3% increases and market review at option.
To see a virtual walk through of the property and 3D scan, please click the link:
http://www.propviz.com.au/300darlingstreet/
For more information please contact the below exclusive agents;
Kristian Morris
Principal & Licensee In Charge
Ray White Commercial NSW - Sydney City Fringe
0411 415 297
02 9660 1717
kristian.morris@raywhite.com
Scott Stephens
Director
Ray White Commercial - Lower North Shore
0409 960 006
02 9969 1500
scott.stephens@raywhite.com
*approx

Property History for 300 Darling St, Balmain, NSW 2041

A timeline of how this property has performed in the market
Last Sold
$2,900,000
06 Dec 2019
Listed for Rent
$4.79k/w
18 Aug 2015
  • 06 Dec 2019
    Sold for $2,900,000
  • 12 Apr 2019
    Listed for Sale Not Disclosed
  • 07 Aug 2018
    Listed for Sale Not Disclosed
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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.

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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.