267 Cleveland Street, Redfern, NSW 2016 | Property Value & History | OnTheHouse
 
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267 Cleveland Street
Redfern NSW 2016

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Land area: 616m2
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Property Details for 267 Cleveland St, Redfern

Building Type
Commercial
Land Size
616m2
Local Government
Sydney
Lot/Plan
101/DP1198099

Last Listing description (April 2023)

Secure a prime asset at 267 Cleveland Street, a reimagined local icon where Redfern meets Surry Hills. A $50 million transformation has created an architectural landmark and destinational enclave on the CBD fringe. Own a piece of Sydney's history.

Exclusive agents I.B Property & CBRE are proud to offer the retail stratum of 267 Cleveland Street, for sale by expressions of interest.

Just three kilometres from Sydney CBD, the property offers the astute investor a premium retail/commercial investment in the heart of Redfern, moments to Central Station and all that Surry Hills has to offer. It has a net lettable area of 1,130 sqm and generates a net income of $776,214 per annum. The asset features basement parking for 4 cars and strong lease covenants with fixed annual increases. It is an outstanding investment opportunity.

Key Highlights

- Net lettable area 1,130sqm*

- Constructed and restored in 2016 with high-quality finishes and significant depreciation benefits.

- Fully leased investment with strong covenants such as the Commonwealth of Australia and other high calibre tenants anchor the strength of this asset.

- Benefits from fixed annual increases from all tenancies

- DA approval for restaurant use with significant infrastructure such as grease traps and exhaust, commercial office use and/or furniture showrooms

- Situated in the affluent suburb of Redfern

- Offers further subdivision advantages, with the ability to individually sell down each lot

*approx.

I.B Property and CBRE invite leading investors to participate in the sale campaign to acquire the retail stratum of 267 Cleveland Street, Redfern. The property will be for sale by expressions of interest, closing Thursday 14th July @ 4pm.

For more information or to organise an inspection, please contact the exclusive selling agents.

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Property History for 267 Cleveland St, Redfern, NSW 2016

A timeline of how this property has performed in the market
Last Sold
$5,667,087
07 Jun 2017
Listed for Rent
$700/w
11 Mar 2019
  • 15 Jun 2022
    Listed for Sale Contact Agent
  • 30 Sep 2021
    Listed for Rent - Price not available
  • 18 Aug 2017
    Listed for Sale Contact Agent
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About Redfern 2016

The size of Redfern is approximately 1.2 square kilometres. It has 21 parks covering nearly 8.1% of total area. The population of Redfern in 2016 was 13213 people. By 2021 the population was 13072 showing a population decline of 1.1% in the area during that time. The predominant age group in Redfern is 30-39 years. Households in Redfern are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Redfern work in a professional occupation.In 2021, 35.10% of the homes in Redfern were owner-occupied compared with 33.50% in 2016.

Redfern has 7,994 properties. Over the last 5 years, Houses in Redfern have seen a 46.24% increase in median value, while Units have seen a 31.21% increase. As at 31 January 2026:

  • The median value for Houses in Redfern is $2,262,045 while the median value for Units is $1,200,906.
  • Houses have a median rent of $950 while Units have a median rent of $830.
There are currently 19 properties listed for sale, and 36 properties listed for rent in Redfern on OnTheHouse. According to Cotality's data, 276 properties were sold in the past 12 months in Redfern.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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