493b Darling St, Balmain is a 2 bedroom, 2 bathroom Unit. The property has a land size of 109m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
We are pleased to offer 493b Darling Street, Balmain for sale by Private Treaty.
This superb offering represents a sound investment opportunity located within Balmain's retail precinct, set between both Balmain & Rozelle shopping villages. The property represents a great opportunity for investors or partial owner occupiers who may be looking for a residence with an additional income stream.
Current improvements comprise a three level brick and timber building comprising ground floor retail and an upper level, two storey residential apartment with separate rear lane access, parking and water views.
The retail space is currently let to Ally Bell Floral until January 2024. This excellent tenant has been occupying the premises for almost 4 years and has developed a strong and loyal following as one of the area's most popular florists.
- Potential Net Income - $68,000 per annum
- Current retail lease expiry January 2024 with a two-year option.
- First floor is a 2 bedroom, 2 bathroom apartment.
- Zoning Zone B2 Local Centre
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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