• Sold
Iconic mixed-use freehold in the heart of Balmain
Iconic mixed-use freehold in the heart of Balmain
Iconic mixed-use freehold in the heart of Balmain
Iconic mixed-use freehold in the heart of Balmain

For Sale

Expressions of Interest 1st Jan 1970 Expression of Interest closing on Thursday, 11 August 2016 at 4pm (AEST)
Colliers International has the pleasure in offering for sale the ‘freehold interest’ in The Exchange – located in the highly sought-after and vibrant inner Sydney suburb of Balmain.

The renowned Balmain watering hole is located on the prominent corner of Mullens and Beattie Streets, a 100m walk to bustling Darling Street.

Boasting a long history, this iconic mixed-use freehold hotel comes with a diverse range of value-add options including potential conversion to creative headquarters, offices, residential, accommodation or restaurant use (STCA).

The ground floor currently offers a public bar configuration plus additional function and bar areas flowing through to a large outdoor courtyard and parking area. The first floor features an exceptional hotel, bar and restaurant layout with a large and highly sought after wraparound balcony, plus an undercapitalised additional level.

The property will be offered with vacant possession and is an outstanding opportunity to invest, occupy or develop in one of inner Sydney’s most attractive locations.

94 Beattie Street has the following key attributes:

-Iconic mixed-use freehold
-Flexible zoning allowing office, residential, hostel or restaurant conversions (STCA)
-Potential for multiple income streams over separate occupancies
-Undercapitalised value-add opportunity over multiple levels
-Perfect home for a creative headquarters looking to position themselves outside the CBD
-Classic features give a chic warehouse feel: high ceilings, polished floorboards, exposed beams and open plan, collaborative spaces
-Valuable off street parking and courtyard area
-Renowned corner location in the heart of Balmain

The property is being offered for sale by way of Expressions of Interest closing on Thursday 11th August 2016 at 4pm (AEST).

Inspections are by appointment only and investors should contact Miron or Vince to arrange a time to inspect.

Property Details

  • 29/08/2019
  • Contact our experts for details on this transaction