The historic property at 28-30a Montague Street, Balmain carries a price guide of $8.5 million and has been listed by BresicWhitney’s Shannan Whitney with conjunction agent, Mercer Property’s Tom Speakman.
Dating back to 1912, the property’s use has encompassed a wool store, the home of the Balmain Co-Op Society, and more recently, creative commercial office space. Now being offered to the market with R1 zoning, it signals the potential for an expansive, stand-alone residence with up to 10 bedrooms, six bathrooms and 10 car spots; or a mixed-use asset.

BresicWhitney’s Shannan Whitney said, “Warehouse buildings on Sydney’s Fringe continue to create interest from a wide band of buyer groups. Residential occupiers have been the major driver for this category as more people search for lifestyle changes.

As premium residential homes have increased in value, some homeowners at the higher end of the market are transitioning from large conventional homes in places like the Eastern Suburbs, North Shore and Inner-to-mid West, to a very different lifestyle on the City Fringe. 

“High-quality warehouse buildings such as 28-30a Montague Street are rarely available these days, particularly in popular locations such as Balmain.”
Mr Whitney continued, “Large-scale buildings at 1000sqm and greater provide homeowners significant creative headroom to design the lifestyle they aspire to. This often integrates residential living with other passions and their professional lives. The challenge for this burgeoning buyer pool is a very limited supply of high-quality, historical buildings in suitable residential Fringe locations.”

The free-standing triangular building is on 720sqm of land and has a gross floorspace of 1215 sqm. The property is complete with a well-maintained façade, expansive window frames that invite light from three sides and City views to the North and East.

To request a copy of the Information Memorandum please contact one of the marketing agents via the contact details below. 

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Historic Balmain warehouse for sale c$8.5m readies for residential era - BresicWhitney and Mercer Property