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  • For sale
Refurbish, Redevelop, Activate Potential - #1
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For Sale

Expressions of Interest closing 30th Aug 2022 EOI closing Tuesday, 30 August at 2pm (AEST)
Colliers are excited to offer the largest private holding brought to the market within the Balmain peninsula in recent memory, being 189 Darling Street & 7 Waterview Street.

The property will appeal to investors, land bankers and developers and accordingly is expected to be given its deserved consideration via an Expressions of Interest campaign closing Tuesday, 30 August at 2pm (AEST).

Some of the key investment highlights are noted below:

- Exceptionally rare offering – first time brought to the market in 65+ years
- One of the largest land holdings the peninsular has to offer
- Significant existing improvements comprised of 29 apartments & 5 retail shops with upgrade potential
- Huge 2,300m²+ land area with triple street frontage
- Underutilised land with genuine underlying development potential
- Strong positioning within the affluent suburb of Balmain, renowned for its stunning federation architecture and enticing suburban landscape
- Nestled between Birchgrove and Rozelle, and only 5 kilometres from Sydney CBD (being only 1 traffic light)
- Within a key infrastructure location benefitting from direct access to major transport links including Westconnex, Western Harbour Tunnel, Beaches Link and Bays Precinct Upgrade including upcoming Bays Metro Station

For further information, don’t hesitate to contact the exclusive selling agents.

Features

Total Area - M
Huge 2,351.20m² Site Area
Ground Level Retail Investment
29 Apartments + 5 Retail Shops
Net Income
>$600,000 in Passing Income
Opportunity
Genuine Development Upside