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321 Darling St 2,476 SF 100% Leased Retail Building BALMAIN, NSW 2041 $1,619,057 ($653.98/SF)
Executive Summary
This retail/residential building offers high visibility, heavy foot traffic and a rare opportunity to invest in the heart of Balmain Village. The property is currently leased as a florist well exposed to Darling Street with basement/storage and spacious upper level two-bedroom apartment with sunny north facing rear aspect with potential views to the harbour bridge and city skyline and separate rear access from the rear. Total building area of 230sqm(approx.) and land area of 138sqm(approx.). The current tenancy expires November 2027 with a 5-year option. The property also offers the potential to substantially renovate/redesign (STCA). Inner West council recently announced Darling Street as a Special Environment Precinct (SEP) which will serve as a catalyst to further improve the vitality of the area.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,476 SF
Building Class
C
Price
$1,619,057
Price Per SF
$653.98
Percent Leased
100%
Building Height
2 Stories
Lot Size
341.01 AC
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Nearby Major Retailers
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321 Darling St
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