Mixed-Use Terrace on the Cusp of Surry Hills

Sale Details

Sold on 23 Jun 2026 for $1,545,000

Description

POINT OF INTEREST:

A versatile mixed-use terrace in a thriving inner-city pocket, offering an exceptional opportunity for investors or owner-occupiers seeking a work-and-reside setup. Positioned in a bustling Bourke Street location, the property comprises a ground floor retail shop, a one-bedroom apartment above, and a separate rear studio. With rear lane access via Stanley Street and strong current income, this asset presents immediate return with future upside (STCA). Located moments from the new Eve Hotel precinct, Crown Street dining, and well-connected public transport options, this is a rare chance to secure a Surry Hills address at a Redfern price point.

- 126 sqm* total land area.
- 45 sqm* ground floor retail shop (currently tenanted).
- Current income: $77,714.85 p.a.
- Potential income: $97,474.85 p.a.
- Rear ground-level studio with air conditioning.
- Neat one-bedroom, one-bathroom fist floor apartment
- Rear lane access via Stanley Street.
- Communal courtyard with shared laundry/WC.
- Scope to enhance and add value (STCA).


POINT OF VIEW:

A high-exposure, multi-income asset in a tightly held city-fringe location, offering immediate cash flow and long-term upside in one of Sydney’s most dynamic lifestyle precincts.

*Approx.
Pricing excludes GST