8 7 2
Perfectly located between the Balmain Village & Darling St ferry with 2 street frontages, there's so many choices and possibilities. On a very generous 705 sqm allotment with current sub division approval (two allotments 378.4 sqm & 327.2 sqm). From Adolphus Street, enjoying a freestanding double fronted 1860´s 3 bedroom restored home providing an elegant and easy living lifestyle. From Waite Avenue there is 5 self contained 1 bedroom apartments with parking. Home and units currently returning approx. $145,000 per annum. There's endless possibilities to retain 'as is', or create a substantial family estate, or utilize the subdivision for further development STCA.
Land: 705 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 »