485A Darling StreetBalmain NSW 2041
Property Details for 485a Darling St, Balmain
Last Listing description (November 2022)
A rare chance to secure retail premises in a prominent village setting. The property includes valuable rear-access parking/courtyard and a large basement store, and is located in a rejuvenated dining precinct with a prestigious restaurant slated to open next door later this year.
Highlights
* Prominent shopfront suited to caf/retail
* High exposure, pedestrian crossing out front
* Commercial kitchen, grease trap, ventilation
* Rear courtyard/parking with lane access
* Ready for your business idea or investment
* Estimated rental return of $130k Incl GST p/a
* Rare chance to secure a piece of Darling St
* Desirable Peninsula address, buses at door
Property History for 485a Darling St, Balmain, NSW 2041
- 21 Aug 2023Sold for $2,275,000
- 07 Nov 2022Sold for $1,750,000
- 14 Sep 2022Listed for Sale For sale $1,800,000
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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 6,032 properties. Over the last 5 years, Houses in Balmain have seen a 50.98% increase in median value, while Units have seen a 84.22% increase. As at 31 July 2024:
- The median value for Houses in Balmain is $2,709,066 while the median value for Units is $1,771,225.
- Houses have a median rent of $1,100 while Units have a median rent of $750.
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