SOLD
Sold on 25 Jan 2024 for $700,000

8F/1-15 Barr Street
Balmain NSW 2041

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 3482m2
Sold By
WBE Pty Ltd. T/a X Commercial
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Property Details for 8f/1-15 Barr St, Balmain

8f/1-15 Barr St, Balmain is a 0 bedroom, 0 bathroom Unit with 2 parking spaces and was built in 1900. The property has a land size of 3482m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 0 bedroom Unit sold in Balmain in the last 12 months.

Building Type
Unit
Year Built
1900
Land Size
3482m2
Local Government
Inner West
Lot/Plan
22/SP54646

Last Listing description (April 2024)

X MARKS THE SPOT
Fantastic opportunity situated on the first floor of the highly sought-after old Pudding Factory conversion located in the heart of Balmain and only minutes to the CBD.

This unique commercial space offers a range of uses and possibilities, currently leased on a month to month tenancy, it represents a great opportunity to invest or occupy.

THE KEY X-FACTORS OF F8/1-15 BARR ST, BALMAIN INCLUDE:
- 110sqm* suite + parking
- Current income $40,000 per annum
- Invest or Occupy
- 32 suites in the complex with onsite caf
- Access to refurbished bathroom facilities and garbage room
- Zoning: R1: General Residential
- Residential conversion potential (S.T.C.A)
- Two car space on title
(*Approx.)

For more information or to organise an inspection, please contact the exclusive selling agent below:

Lachlan Palm - 0431 723 010

Property History for 8f/1-15 Barr St, Balmain, NSW 2041

A timeline of how this property has performed in the market
Last Sold
$700,000
25 Jan 2024
  • 25 Jan 2024
    Sold for $700,000
  • 13 Sep 2023
    Listed for Sale FOR SALE - $780,000
  • 21 Feb 2017
    Sold for $550,000
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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 6,022 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 11 properties listed for sale, and 20 properties listed for rent in Balmain on OnTheHouse. According to CoreLogic's data, 245 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.