1 Wisbeach StreetBalmain NSW 2041
Property Details for 1 Wisbeach St, Balmain
1 Wisbeach St, Balmain is a 2 bedroom, 20 bathroom Unit with 24 parking spaces. The property has a land size of 90m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
Last Listing description (September 2024)
This is an extremely rare blue chip investment opportunity to acquire a block of 24 apartments in one of Sydney's most beautiful harbourside suburbs. The building is set on 1,062sqm of square land with dual street frontage, only approx. 3km to Sydney's CBD. This outstanding opportunity comprises of 6 x studios, 12 x 1 bedroom and 6 x 2 bedroom apartments all with 1 bathroom and undercover parking. The opportunities are endless with potential to Strata and sell down or continue to hold in-one-line for a strong rental yield in a premier suburb.
Entire Block of 24 Apartments
All apartments have one bathroom
Blue chip investment opportunity
Undercover parking for all apartments
Only moments to Sydney's CBD
Set on 1,062sqm of land
Currently returning $732,160pa*
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Property History for 1 Wisbeach St, Balmain, NSW 2041
- 22 Aug 2024Listed for Sale Auction
- 07 May 2024Listed for Rent $1,000 / week
- 24 Dec 2019Sold for $1,130,000
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 6,024 properties. Over the last 5 years, Houses in Balmain have seen a 48.24% increase in median value, while Units have seen a 35.69% increase. As at 31 December 2025:
- The median value for Houses in Balmain is $3,114,978 while the median value for Units is $1,504,654.
- Houses have a median rent of $950 while Units have a median rent of $800.
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