164 Devonshire Street,
Surry Hills, NSW 2010

Offices • Shops & Retail

Key property information

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Floor area

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Property extent

Tenure type

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Map of 164 Devonshire Street

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Unique opportunity / DA for 5-level commercial building

A unique Surry Hills site DA approved for a 5-level commercial building on 256sqm of land, only a block from central station. The approved plans provide a basement level with 4 levels and roof top. A 6-metre wide 1856 terrace remains with retail shop on street level, while the GFA of the completed build is to be 600sqm.

Highlights
* Current 2-level terrace, 2 tenancies
* G-floor commercial + level 1 apartment
* Rear building: 4-car garage, studio above
* 2 tenancies with income of $74,000 pa
* Ground floor retail - $35,000 pa
* Level 1 – 2 bedroom apt - $39,000 pa
* Zoning MU1 - Flexible uses
* Generous planning controls 2.5:1
* Reposition opportunity with DA approval
* Multi unit residential options

Surry Hills, 2010 demographic data

The median household income for Surry Hills is $2,308, 11% higher than Greater Sydney's household income of $2,077. Surry Hills has a younger age profile compared to the rest of Greater Sydney (median age 35 vs 37). Property ownership data shows 55% of property owners in Surry Hills have a mortgage.

15,828

Population

$2,308 per week

Median household income

35 years

Median age

Renters

Most residents

Singles

Most households