Sold
Retail

244-250 Darling Street Balmain, NSW 2041

Sold on 23 Mar 2017
  • Building: 750m²
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Retail in Balmain

SOLD

  • Building: 750m²

5% NET RETURN WITH OPTIONS
Offered for sale Five separate shops + three quality first floor offices. The corner of Booth Street and Darling Street, Balmain.
Property Features Include:
- 5 shops plus 3 offices
- Fully leased with new 5 year leases
- Gross income $565,611.00 pa + GST
- Fully refurbished 2 storey building
- 65 metres of street frontage
- Could suit corporate or SMSF investor
- Complete internal re-build
- Future proofed with built in provisions for alternate uses grease trap, exhaust & ample toilets
- High profile corner position
- Located within the best part of the retail strip metres from Woolworths, major banks & public car park
- Impossible to repeat this size land holding opportunity in this thriving retail shopping precinct
- Rental income underpinned by popular experienced retailers and businesses
- Scope to redevelop (STCA)

Agent Contact Details:
Tim Morrison - 0416 204 848

Building:

750m²

Categories:

Retail, Offices

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