Freehold Balmain East Building Sold for $2.18 Million
A freehold retail/commercial building with an upstairs residence at Balmain East in Sydney’s vibrant inner west has been sold by Ray White Commercial for $2.18 million.
The vacant building at 66 Darling Street, Balmain East, was sold to an owner-occupier by Ray White Commercial Inner West Principal Tim Morrison on behalf of the Su family.
“This was a fantastic opportunity to take advantage of a well maintained, modern freehold building within an easy to park location and only moments to Balmain East’s restaurants/cafes, professional businesses and the Sydney CBD,” Tim Morrison said.
“The two-level building has more than eight metres frontage to Darling St and is zoned ‘business’.
“The 250 sqm property offers a ground floor retail/commercial space with two bedroom + study apartment on the upper level.”
Tim Morrison said the property is ideally located on the busy retail strip of Darling St with high pedestrian and vehicular traffic.
“The property is also close to the Sydney CBD with quick and easy access to the major commercial hubs along Victoria Road and City West Link,” he said.