Centrally located ground floor retail space currently leased as a massage wellness/therapy suite with 2 years to run (with a 4 year option) offering flexibility for potential owner occupation going forward. The property represents a unique opportunity for investors to capitalise on this entry-level blue-chip property. Stylish fit out with reception/greeting area, multiple massage rooms,10m2 covered courtyard area, w/c facilities, secure parking and use of roof top pool. 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.
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 6,026 properties. Over the last 5 years, Houses in Balmain have seen a 28.64% increase in median value, while Units have seen a 28.89% increase. As at 31 March 2026:
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