1/2A Rowntree StreetBalmain NSW 2041
Property Details for 1/2a Rowntree St, Balmain
Last Listing description (November 2021)
CBRE is pleased to present to the market, for sale by public auction, this rare opportunity to purchase a prime medical investment property in the heart of Balmain.
This excellent strata investment property has recently been renovated to the highest standard with a newly exercised lease with secure annual increases. Positioned for success, the property is currently tenanted by "Clear Complexions" and would suit all investors looking to secure a solid and secure investment in the highly sought after Inner West.
Investment highlights include;
- Secure 5 +5 year lease to established medical tenant "Clear Complexions"
- Annual net passing income: $132,999^ with 5% annual increases
- 186sqm^ net lettable area with 2 car spaces
- Centrally located: moments from Balmain Town Centre
- Newly refurbished building with tenancy street frontage over 14m^
This property will be sold by way of public auction on Tuesday, 29th of August 2017 at 10:30am.
^Approximate
For more information, please contact the exclusive agents listed.
Property History for 1/2a Rowntree St, Balmain, NSW 2041
- 01 Aug 2025Sold for $4,200,000
- 08 Jul 2024Sold
- 23 May 2018Listed for Sale Contact Agent
Recent sales nearby
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0About 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 2016 was 10453 people. By 2021 the population was 10454 showing a population growth of 0.0% in the area during that time. The predominant age group in Balmain is 40-49 years. Households in Balmain are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balmain work in a professional occupation.In 2021, 56.60% of the homes in Balmain were owner-occupied compared with 55.60% in 2016.
Balmain has 6,027 properties. Over the last 5 years, Houses in Balmain have seen a 42.07% increase in median value, while Units have seen a 32.94% increase. As at 28 February 2026:
- The median value for Houses in Balmain is $3,125,430 while the median value for Units is $1,511,471.
- Houses have a median rent of $950 while Units have a median rent of $800.
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