SOLD by Tim Morrison
This is your opportunity to acquire a retail/commercial strata suite in an established commercial area around White Bay precinct of Balmain, a large open plan area with separate office boardroom plus parking and with access to recreational/amenities. Offering the advantages of its close proximity to the Sydney CBD, access is quick and easy to the major commercial hubs along Victoria Road and the City West Link. This is a budget priced entry into the commercial market, where the current rental could self fund the purchase.
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 28.64% increase in median value, while Units have seen a 28.89% increase. As at 31 March 2026:
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