Unique Inner-Harbour Marina & Freehold
Never Publicly Offered for Sale Since 1889
“A rare and outstanding opportunity to acquire a private high end marina in the heart of Sydney Harbour, located in Balmain just 5.5 kilometers from the Sydney CBD This unique property includes rare freehold land, existing improvements, masterplan and potential for expansion.
“A lifestyle and boutique business opportunity, of an attractive and attainable scale, never publicly offered for sale”.
Cameron’s Marina is situated on Phoebe Street, Balmain. It has been held in single family ownership for about 60 years. The marina is located approximately 5.5 kilometers west of the Sydney CBD. Expressions of Interest close for the sale of this property on 4 July 2019. It is a unique 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 exclusive syndicate.
Subject to certain planning approvals, the property has both on-land freehold and on-water options for further redevelopment and/or expansion. The Balmain peninsular, home to Cameron’s Marina has been transformed over the past 20 years into a high-value, quality residential, commercial and retail locality.
The marina’s close proximity to the Sydney & North Sydney CBD, affluent Eastern Suburbs and lower North Shore creates a unique lifestyle opportunity which is further enhanced as the sale includes 418 sqm of freehold land. Only a small number of marinas on Sydney Harbour have attached freehold land.
The property enjoys a sought after North-Westerly aspect while there is 16 metres of absolute waterfront . The existing 212 sqm of improvements (workshop/caretaker's residence/office premises) offer considerable potential, which have been partly addressed in a new masterplan.
Cameron’s Marina offers a unique set of qualities. These include a functioning marina business which is included in the sale on a WIWO basis, with existing land-based improvements that could be reconfigured with a number of options. There is also the potential (subject to approvals) to expand the existing water-based assets.
The property has the benefit of a passing income which allows the flexibility to plan for the optimal use of the marina and its associated improvements. The marina is a partner Sydney Harbour Boating Destination of Roads and Maritime Services where, boaters can use facilities and amenities
Never previously publicly offered to the market, the Cameron family have run this marina as an iconic feature of Balmain’s waterfront, which provides 20 fixed berths, work berth, slipway, and 21 swing moorings.
This is one of the very few marina assets within Sydney Harbour that combine Freehold land tenure with an operating marina.
The site has redevelopment potential (subject to council approval), the opportunity exists to renovate and develop an exceptional residential or commercial property right on Sydney Harbour’s waterfront together with potential expansion of the existing marina facilities.
Cameron’s Marina is being offered for sale by EOI through Andrew Langsford of JLL Hotels & Hospitality Group.
For further details contact:
JLL Hotels & Hospitality Group
M +61 422 577 415
M +61 412 658 318