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Colliers - Sydney

Shop 1, 50 Reservoir Street Surry Hills, NSW 2010

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Shop 1, 50 Reservoir Street,
Surry Hills, NSW 2010

Offices • Shops & Retail

Key property information

Floor area

Property extent

Tenure type

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Colliers - Sydney

Colliers - Sydney

Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
Colliers - Sydney
Shop 1, 50 Reservoir Street
Surry Hills, NSW 2010

Map of Shop 1, 50 Reservoir Street

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FULLY LEASED RETAIL INVESTMENT IN EMERGING CITY FRINGE

  • Convenient to public transport links
  • Unique layout allowing two tenancies
  • Favourable annual CPI increases
Stonebridge Property Group and Colliers are pleased to present Shop 1 at 50 Reservoir Street, Surry Hills – a strip retail investment with direct street frontage within the burgeoning Surry Hills precinct, set to benefit from the state’s largest urban renewal project.

The key highlights of the opportunity include:

- Fully leased retail investment asset convenient to public transport links and Sydney CBD
- Accessible city fringe position within an emerging boutique commercial office market
- Unique floor plan enables dual and separate tenancies providing a diversified income profile
- Strong income growth potential underpinned by annual CPI increases
- Central Precinct – new mixed-use urban precinct set to rejuvenate Surry Hills and surrounds
- Estimated net operating income of $53,692 p.a. + GST*

*As at 1-Dec-22

Shop 1 / 50 Reservoir Street, Surry Hills is For Sale via Auction to be held on Thursday 1st December 2022 at 10:30AM (AEDT).

For further information, please contact the appointed agents.

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
Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000

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