302 Darling StreetBalmain NSW 2041
Property Details for 302 Darling St, Balmain
Last Listing description (July 2024)
THE OPPORTUNITY
Located right in the heart of the prime retail strip. This property offers the rare opportunity to secure a Darling Street frontage and possible development potential. Property is tenanted and provides holding income, from 2 tenancies this presents a new owner with the potential to hold as a prime asset or create something special in this highly sought after Inner West location, utilising the potential from the zoning which allows a mixture of retail, commercial and residential uses.
KEY X FACTORS:
Area breakdown -
165m* Site Area
177m* Building Area
(*Approx.)
For more information or to organise an inspection, please contact one of the exclusively listed agents.
Tim Morrison - 0416 204 848
Chris Calvert - 0412 676 777
Property History for 302 Darling St, Balmain, NSW 2041
- 28 Feb 2024Listed for Sale Contact Agent
- 07 Aug 2023Listed for Sale CONTACT AGENT
- 01 Feb 2023Listed for Sale CONTACT AGENT
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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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