127 Commonwealth St, Surry Hills is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 140m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 4 bedroom House sold in Surry Hills in the last 12 months.
A rare opportunity to secure one of Surry Hills' grandest terraces, proudly positioned in the vibrant city centre. One of only seven substantial homes on the street - each tightly held for decades - this magnificent residence combines heritage elegance with modern sophistication.
Spanning three generous levels, the terrace offers a sunlit north-facing aspect, soaring ceilings, dual street access, a lock-up garage, extra wide frontage, and a freestanding southern wall. An exceptional find in this coveted urban pocket.
Prestigious City Location -
Refined Living with Historic Charm -
Surrounded by iconic architecture such as the Golden Age Cinema, Mark Foy's Building, and Griffiths Teas, this beautifully renovated terrace is ideal for families, professionals, or multi-generational living, with mixed-use zoning offering further flexibility (STCA).
Key Features
• Elegant heritage façade with sun-filled modern interiors
• Original timber floors and exceptionally high ceilings
• Expansive living and dining rooms with period character
• Gourmet kitchen with quality timber cabinetry and stainless steel appliances
• Three large upstairs bedrooms, two with very high ceiling
• Huge master with enclosed balcony or study
• Private rear entertaining terrace bathed in sunlight
• Renovated bathrooms, plus laundry and abundant storage throughout
• Versatile lower-level room - ideal as bedroom, office, guest suite, or studio (STCA)
• Secure garage via rear lane with internal access
• Potential for attic conversion or basement extension (STCA)
• Solar panels on rooftop for energy savings and recent fully replaced new roof
• Land size 140sqm with 5.6m frontage and throughout
• Council rate $2063 per year
• With realistic motivated seller
Nearby elite schools include Crown Street Public, Inner Sydney High, Sydney Grammar, and St Andrew's Cathedral School, with major universities and hospitals easily accessible by foot or light rail.
A landmark residence offering timeless appeal, grand proportions, and unparalleled convenience - truly a rare gem in Sydney's most dynamic city precinct.
Please contact Charmaine Zhang on 0438 633 313 for more information or to book a private inspection. ( Tue/Thur/Sat weekly open homes. Just add in Sunday open home on 23rd and 30th due to free parking, other times by appointment)
Disclaimer: Raine & Horne Parramatta advise the information displayed in this advertisement has been received through a third party. We have used our best endeavors to ensure the information contained in this advertisement is accurate and true however we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements which may be contained. Interested parties are urged to make independent enquiries to verify any information detailed or not stated in this advertisement.
The size of Surry Hills is approximately 1.3 square kilometres. It has 17 parks covering nearly 9.2% of total area. The population of Surry Hills in 2016 was 16412 people. By 2021 the population was 15828 showing a population decline of 3.6% in the area during that time. The predominant age group in Surry Hills is 30-39 years. Households in Surry Hills are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Surry Hills work in a professional occupation.In 2021, 32.20% of the homes in Surry Hills were owner-occupied compared with 32.30% in 2016.
Surry Hills has 13,747 properties. Over the last 5 years, Houses in Surry Hills have seen a 45.74% increase in median value, while Units have seen a 9.26% increase. As at 31 January 2026:
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