231 Darling Street, Balmain NSW 2041

Auction Location: In room

Mixed use building, fully leased with potential to improve the asset and performance Outstanding position across from Gladstone Park. Northerly views to harbour and lock up garage at rear.

Highlights
* Fully leased mixed-use 3 level building
* 105sqm shop front + 2 residential apts.
* Total annual return $90,340 + GST
* Restaurant $41,200 + GST. Lease exp. 2023
* 2 bedroom apt $550 pw, 1 bedroom apt $395 pw
* Both apartments have outdoor terrace
* Rear lane access at rear, lockup garage
* Zoned B2: Local Centre
* Renovation opportunity, benefit from upgrade