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Peacefully positioned in a traditional boutique block of just 10, this inviting apartment presents a truly exceptional opportunity for the discerning investor or professional couple alike. Opening to embrace a pleasant leafy aspect across sweeping adjacent parklands, the bright interiors are neatly presented with ample scope to modernise should the need arise and create a stylish contemporary abode. The user-friendly open galley style kitchen has tiled splashbacks and electric appliances, whilst the bathroom also has a bathtub. Complete with a valuable single parking space, there is the potential of a solid rental yield. Desirably low maintenance with an emphasis on a carefree understated lifestyle, this is a superb chance to capture an affordable entry into the exclusive Balmain peninsula. Little more than a short stroll to express city buses and the shores of Blackwattle Bay, it is a walk to Darling Street cafe society and minutes to the CBD, Annandale and Glebe.
Water Rates approx $146 per quarter
Council Rates approx $262 per quarter
Strata Rates approx $594 per quarter
Land: 49 sqm
The area now known as Balmain was part of a 550 acre (2.2 km²) grant to colonial surgeon Dr William Balmain (1762–1803) made in 1800 by Governor John Hunter. A year later, Balmain transferred his entire holding to settle a debt to John Bothwick Gilchrist before returning to Scotland. The legality of the land transfer from Balmain to Gilchrist for only 5 shillings was challenged by... Read More »