1-17/15-27 Reynolds Street

Balmain NSW 2041

Block of units

Currently for sale - view listing

Overview

Significant Balmain Landholding With Endless Potential

With only one owner since it's completion, this exceptional 2,586sqm landholding on the Balmain Peninsula represents one of the area's largest residential opportunities. Comprising 17 apartments, including 14 x 2 bedroom and 3 x 1 bedroom residences, with parking for 39 cars, including 10 generous oversized lock-up garages, the property offers a rare combination of scale, income and future potential. Each residence offers generous proportions, with select apartments featuring impressive high ceilings and many benefiting from air conditioning. Ideally positioned moments from Balmain's vibrant retail and commercial precinct, CBD ferry services and approximately 800m from the future Bays West Metro Station, the property benefits from exceptional connectivity. WestConnex and the future Western Harbour Tunnel provide direct access to Sydney's broader road network, with Sydney Airport approximately 15 minutes away, representing an outstanding opportunity for developers (STCA) and land-bank investors. • Rare 2,586sqm landholding on the tightly held Balmain Peninsula • Entire block of 17 apartments, including 14 x 2 bedroom and 3 x 1 bedroom residences • Parking for 39 cars, including 10 generous oversized lock-up garages suitable for home-based businesses • Many apartments featuring air conditioning, with select residences offering impressive high ceilings • Communal outdoor areas enhancing resident lifestyle appeal • Fully upgraded fire systems and compliance providing peace of mind • Strong current income of $684,216pa with further upside potential Ray White Double Bay - Exceptional Living Begins Here Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY