Sold

249 Darling Street,
Balmain 2041, New South Wales

1 car space
Land/Development

$3,500,000


Property details

** Iconic Offering + Dev Upside ** - First Time Offered In Decades - Prime Mixed Use Investment Opportunity - Multiple Income Streams x 4

Ray White Drummoyne & Stone Commercial Inner West are excited to present as a pre exclusive opportunity this Iconic property located at 249 Darling Street, Balmain.

Balmain investments of this scale rarely come to market.

The property comprises of a ground floor shop known as " Cafe Berlin" which is one of Balmain's most iconic and established businesses. With a first floor, 2 Level (2) bedroom apartment and a free standing two level block at the rear offering a further (2) studios.

Key investment highlights include:

+ Impressive land holding of 320 sqm approx
+ $170,000 per annum* + GST passing income
+ 7.5+m* frontage to Darling Street
+ E1 Local Centre zoning
+ Underlying development potential
+ Very well located within Balmain's shopping village
+ Close proximity to NSW Government infrastructure commitment.

Explore the area


School catchments

  • Balmain Public School Primary K-6 Government 0.20km
  • Fr John Therry Catholic Primary School Balmain - Rozelle Primary K-6 Catholic 0.21km
  • Birchgrove Public School Primary P-6 Government 0.71km
  • Inner Sydney Montessori School Primary K-6 Independent 0.72km
  • Nicholson Street Public School Primary K-6 Government 0.97km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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