SOLD
Sold on 22 Mar 2024 for $2,495,000

409/22-23 Colgate Avenue
Balmain NSW 2041

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 98m2
Land area: 5594m2
Sold By
CobdenHayson Balmain
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Property Details for 409/22-23 Colgate Ave, Balmain

409/22-23 Colgate Ave, Balmain is a 2 bedroom, 2 bathroom Unit and was built in 1923. The property has a land size of 5594m2 and floor size of 98m2. 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.

Building Type
Unit
Year Built
1923
Floor Size
98m2
Land Size
5594m2
Local Government
Inner West
Lot/Plan
56/SP61138

Last Listing description (June 2024)

Feel on top of the world in this oversized apartment perched on the top floor of the iconic Colgate-Palmolive warehouse conversion with views over manicured gardens to the bright lights of the city as a stunning backdrop to its immaculate interiors. Soaring ceilings and huge warehouse windows bring in the light and frame the expansive views over Balmain while a spacious flow-through layout is designed for optimal comfort with polished hardwood floors and warm timber finishes delivering a welcoming feel. Featuring level lift access to an oversized lock-up garage, this is one of the peninsula's most desirable addresses with access to a heated rooftop pool overlooking the harbour and direct access to scenic waterfront parkland.

- Penthouse-level with dynamic views out to the city skyline
- 2 large ensuite bedrooms with built-in robes, wool carpet

- Light-filled living and dining with polished hardwood floors
- View-swept entertainer's balcony capturing the harbour breeze
- Designer kitchen with a 3.5m island and granite benchtops
- Integrated stainless steel appliances, Smeg gas cooker
- Soaring ceilings, huge windows, superb cross-flow ventilation
- 2 contemporary bathrooms and a separate internal laundry
- 23sqm secure parking with lock-up storage (level lift access)
- Heated rooftop pool, gym, herb garden, waterfront reserve
- 500m to Balmain Wharf for a relaxed commute to the city
- Stroll to Darling Street's dining scene and Mort Bay Park

Property History for 409/22-23 Colgate Ave, Balmain, NSW 2041

A timeline of how this property has performed in the market
Last Sold
$2,495,000
22 Mar 2024
Listed for Rent
$1.10k/w
12 Jul 2021
  • 22 Mar 2024
    Sold for $2,495,000
  • 30 Jan 2024
    Listed for Sale Not Disclosed
  • 05 May 2023
    Listed for Rent - Price not available
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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 6,021 properties. Over the last 5 years, Houses in Balmain have seen a 30.15% increase in median value, while Units have seen a 33.36% increase. As at 31 October 2024:

  • The median value for Houses in Balmain is $2,651,536 while the median value for Units is $1,372,766.
  • Houses have a median rent of $1,000 while Units have a median rent of $790.
There are currently 10 properties listed for sale, and 20 properties listed for rent in Balmain on OnTheHouse. According to CoreLogic's data, 243 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.