345 Darling Street, Balmain

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
158 m2
Building size
-
Council area
Inner West
Year built
n/a
Lot plan
1/DP223954 Balmain NSW
House type
Commercial: Retail Building



HISTORY

Last sold 21/09/2018
$2,225,000



LISTING DESCRIPTION
as of September 2018

Position with Potential | Prime Mixed-Use Package Colliers International are excited to offer 345 Darling Street for sale by way of Public Auction.One of the most recognisable buildings in Balmain due to its long term ground floor tenant, 345 Darling Street Balmain is set upon an elevated freehold block of land. Its positioning within the heart of the Balmain retail core has ensured retail longevity whilst the strength of the Balmain residential market hardly needs to be mentioned with an annual increase in house prices of nearly 12% on average since 2009 (source: realestate.com.au).Key property highlights include:- Sensational positioning within the heart of the Balmain peninsular- Commanding freehold building with strong retail presence- Low risk and long term lease profile to Walls Pharmacy, a well-known and highly popular business servicing the Balmain peninsular for over 60 years- Oversized first floor two-bedroom apartment with kitchen, living room and bathroom with amazing gun barrel Harbour Bridge views- Surplus land to the rear providing future development or extension potential (STCA) in line with neighbouring properties- Suitable for passive investors seeking a stable cash flow, land bankers or Inner West enthusiastsFor further information dont hesitate to contact the exclusive agents.