Place a small 2-seat cushioned bench against the end of the balcony with a small table, preferably round, for drinks/food/knitting. Opposite end can be filled with plants and flowers.
This Byron Bay Fashion Boutique Is a Bohemian Dream via @MyDomaine
Oasis on a small balcony
A small space is always challenging when it comes to its decoration. A small balcony maybe even more. If you imagine your balcony as a space with only a couple of chairs and a small table, here you can find some creative ideas how.