491 Balmain RoadLilyfield NSW 2040
Property Details for 491 Balmain Rd, Lilyfield
Last Listing description (March 2026)
Positioned along the busy Balmain Road corridor, this well-known commercial premises presents an excellent opportunity for food operators or retail users seeking a fitted-out space in a tightly held Inner West location.
Previously operating as a restaurant, the property benefits from an existing hospitality layout and infrastructure, offering significant cost savings for incoming tenants.
Key Features:
> Prominent street frontage with bi-fold shopfront doors
> Large open dining / trading area with tiled flooring
> Air-conditioned throughout
> Existing commercial kitchen including:
> Grease trap
> Ventilation canopy
> Stainless steel benches and sinks
> Amenities including disable bathroom and laundry room
> Rear lane access to a lock-up garage with separate toilet
> Approx. 200m² total area
> Excellent exposure with passing traffic and public transport at the door
Surrounded by a mix of residential, retail and light industrial uses, the property has a strong history of food and beverage occupancy and is well suited to restaurant, café, takeaway or similar commercial operators (STCA).
*All areas, amounts & distances are approximate
Property History for 491 Balmain Rd, Lilyfield, NSW 2040
- 05 Feb 2026Listed for Rent $60,000 / year
- 08 Sep 2022Sold
- 21 Dec 2017Listed for Rent - Price not available
Recent sales nearby
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About Lilyfield 2040
The size of Lilyfield is approximately 2.2 square kilometres. It has 17 parks covering nearly 9.9% of total area. The population of Lilyfield in 2016 was 7616 people. By 2021 the population was 7641 showing a population growth of 0.3% in the area during that time. The predominant age group in Lilyfield is 40-49 years. Households in Lilyfield are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Lilyfield work in a professional occupation.In 2021, 62.60% of the homes in Lilyfield were owner-occupied compared with 60.90% in 2016.
Lilyfield has 4,464 properties. Over the last 5 years, Houses in Lilyfield have seen a 28.42% increase in median value, while Units have seen a 29.54% increase. As at 30 April 2026:
- The median value for Houses in Lilyfield is $2,640,118 while the median value for Units is $1,371,332.
- Houses have a median rent of $1,050 while Units have a median rent of $650.
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