285A Crown StreetSurry Hills NSW 2010
Property Details for 285a Crown St, Surry Hills
Last Listing description (April 2023)
The Premier Asset in Australia's Strongest Performing Office Market
JLL in conjunction with Knight Frank are pleased to exclusively offer for sale a 100% freehold interest in 'Reservoir on Crown', 285a Crown Street, Surry Hills.
This offering provides the opportunity to secure a 100% Freehold interest in one of the most prominent and best performing assets in the Sydney fringe market. Positioned at the heart of Eastern Sydney's creative precinct on the prominent corner of Crown and Campbell Streets and occupying one of the largest sites in Surry Hills, the asset provides both security and growth; underpinned by a 6.1 year* WALE with future development upside.
Investment highlights:
Fully leased, mixed-use (office/retail) asset institutionally redeveloped In 2009
Three street frontages and one of only three assets in the market situated on a site area greater than 3,000 sqm*
Future-proofed asset with a recently completed capital expenditure program
4.0 Star NABERS Energy Rating
Diverse tenancy profile featuring 11 tenants across 4,727 sqm* NLA
Protected views of the CBD never to be built out with abundant natural light to all sides
6.1 year* WALE with no major near-term expiries
$5.3m net passing income
*Approximate
'Reservoir on Crown', 285a Crown Street, Surry Hills is being offered via an International Expressions of Interest closing 4:00pm (AEST) Thursday 26th May, 2022.
For further information or to arrange an inspection, please contact the exclusive selling agents.
Property History for 285a Crown St, Surry Hills, NSW 2010
- 26 Jul 2022Sold - Price Undisclosed
- 26 Apr 2022Listed for Sale Contact the exclusive agents
- 12 Dec 2014Listed for Rent - Price not available
Recent sales nearby
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0About Surry Hills 2010
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 13,741 properties. Over the last 5 years, Houses in Surry Hills have seen a 26.78% increase in median value, while Units have seen a 5.89% increase. As at 31 March 2026:
- The median value for Houses in Surry Hills is $2,492,438 while the median value for Units is $980,844.
- Houses have a median rent of $1,295 while Units have a median rent of $800.
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