Welcome to Cameron's Marina
Cameron’s Marina has been held in single family ownership for almost 60 years. Located in Balmain, the marina is situated within the inner west of the Sydney metropolitan area, conveniently located approximately 5.5 kilometres west of the Sydney CBD.
Cameron’s Marina also adjoins another marina facility on Sydney Harbour creating a boating and associated services ‘hub’ of regional significance.
The marina sale, by Expression of Interest closing 4th July 2019, brings to hand a very rare opportunity to create both a successful business and an inspired lifestyle opportunity. The scale of the enterprise makes it an ideal private investment or an appealing option for a private syndicate.
Subject to various planning approvals, the property has both on-land and on-water options for further re-development and/or expansion.
To demonstrate the potential of the site’s land based freehold assets, a proposed concept design has been commissioned. Full details are included in this document.
Balmain benefits from its proximity to the Sydney CBD and to major arterial roads such as Parramatta Road and City West Link and Victoria Road.
These major thoroughfares give easy access to the CBD and other major facilities including Darling Harbour, Barangaroo, Sydney’s domestic and international airports and the White Bay Cruise Ship Terminal. Bus and ferry services also provide direct access to the CBD.
Balmain will benefit from the construction of the Westconnex, a $16.8b motorway upgrade scheduled for completion in 20.
The Balmain peninsula which is home to Cameron’s Marina comprises; Balmain, Balmain East, Rozelle and Birchgrove. Over the past 20 years this area has been transformed into a high-value, quality residential, commercial and retail locality.
Today it is well serviced by public transport, schools, hospitals and retail, and is situated within close proximity to the Sydney CBD, North Sydney CBD, and has witnessed population growth of 7% over the past five years according to CoreLogic.
Balmain is one of only a few suburbs in Australia that would enjoy instant recognition as a vibrant cosmopolitan harbourside community, and households tend to be young professional couples within an age range of 30-39 with children. Darling Street, Balmain’s main thoroughfare, features boutique shops, quality restaurants, cafes and historical pubs are less than 250m from Cameron’s Marina. Landmarks along Darling Street include the Post Office and Court House, alongside Balmain Town Hall, the Balmain Fire Station and Balmain Working Men’s Institute that together give the area a cosmopolitan signature and historic streetscape.
The area features a limited number of waterfront properties that are tightly held, and Cameron’s Marina enjoys a direct deep-access waterfront and beach aspect of 16m to Sydney Harbour (Parramatta River). The site is located between Elkington Park and Sommerville Point (Parlinga Reserve).
With pedestrian access from Phoebe street, the property offers an absolute waterfront position with a sought after north-westerly aspect and the existing improvements (workshop/caretaker’s residence/office premises) offer considerable potential, which have been partly addressed in the proposed concept design.
Over the last ten years the immediate locality experienced a high level of property price growth driven by high demand for Sydney’s very limited supply of freehold harbourside land. Price growth over this time was in the order of 10 to 15% per annum.