This is a unit located in 1/DP71520 Balmain NSW. In the local government area Inner West, with 1 bedroom and 1 bathroom.
ENTIRE APARTMENT BLOCK WITH HARBOUR AND SKYLINE VIEWS CBRE, as the exclusive agents are pleased to present, 1 Caroline Street, Balmain. The property is a two-storey brick unit block comprising 38 studio apartments and 16 car spaces. The property commands a corner position with two large street frontages along Caroline Street (30m*) and Caroline Lane (30m*). Each apartment features a kitchenette and bathroom whilst the building also includes equipped shared kitchen and laundries and a large sunny inner courtyard. 1 Caroline Street, Balmain benefits from the following key attributes: - 38 x studio apartments - Harbour and city skyline views - Land area of 841sqm* with an building area of 1,089sqm* - Fully leased gross passing income: $511,703 per annum* - Refurbishment and strata subdivision potential - Premium location within a rapidly growing area - Short walk to Balmain and Balmain East Wharves providing direct access to Sydney CBD and several other locations - Two minute* walk to Balmains main retail and dining strip along Darling Road The property will be sold via public auction on Tuesday, 31st March 2020 at 12.00pm.