AN OUTSTANDING INVESTMENT, THIS PROMINENT PROPERTY DELIVERS STRONG ONGOING RETURNS AND EXCEPTIONAL VALUE-ADDING POTENTIAL. THE CHIC LOWER LEVEL CAFE COMES WITH A LONG TERM LEASE, AN IMMACULATE FIT OUT AND A SUPERB HIGH PROFILE LOCATION. CURRENTLY IN DILAPIDATED CONDITION, THE VERSATILE THREE LEVEL TERRACE IS RIPE FOR RENOVATION AND OFFERS EXCITING POSSIBILITIES FOR THOSE SEEKING TO CREATE A STYLISH INNER CITY LIVING SPACE. THE CENTRALLY POSITIONED PROPERTY OCCUPIES A 169.2 SQM BLOCK WITH A LARGE COURTYARD AND REAR LANE ACCESS. - 46 SQM LOWER LEVEL CAFE SPACE LEASED UNTIL NOV 2016 WITH 3 YEAR OPTION- STYLISH OPEN LAYOUT WITH STREET-FRONT COUNTER, SEPARATE KITCHEN AREA & WC- RESIDENCE FEATURING FOUR SPACIOUS BEDROOMS, ONE WITH DECK, ONE WITH SUNROOM- PRIVATE ENTRANCE, GAS KITCHEN, SPACIOUS BATHROOM, LIVING ROOM WITH FIREPLACE- NORTH FACING COURTYARD ENTERTAINING AREA, STORAGE ROOM, REAR LANE ACCESS- COUNCIL: $5159.23 PER ANNUM APPROX- WATER: $288.25 PER QUARTER APPROX
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 13,743 properties. Over the last 5 years, Houses in Surry Hills have seen a 39.61% increase in median value, while Units have seen a 9.42% increase. As at 31 December 2025:
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