323 Riley St, Surry Hills is a 2 bedroom, 1 bathroom Townhouse and was built in 1880. The property has a land size of 60m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
OPEN INSPECTION
THURSDAY 25th March 10.30am o 10.50am
THURSDAY 25th March 5pm to 5.20pm
BY APPOINTMENT - Call Trish 0404893883
Stylishly renovated 4 bedroom terrace converted into 2 separate apartments creating a high income stream.
Upstairs apartment consists of 3 large and bright bedrooms, a new bathroom and a large terrace on the second floor with city outlook, spacious dining area, living area. All perfect for entertaining.
Plus a separate self-contained 1 bedroom apartment downstairs with a private courtyard.
Creating 2 income streams for a savvy investor.
Located on leafy Riley Street, this terrace is located footsteps from the new light rail and is only a 5 minute walk to Central station and a few steps further to Sydney CBD. Conveniently it is also surrounded by some of Sydney's top restaurants, bars and pubs.
With the Surry Hills light rail station being moments away from completion and the new Surry Hills shopping centre due completion in 2020 this property is a great opportunity not to be missed.
Highlights:
- Modern Kitchen and 2nd Kitchenette
- Renovated bathrooms with bath and showers
- Main bedroom with terrace balcony
- Entertainer's terrace with city views
- Attic bedroom with large skylight window
- Fresh handwoven carpet and new paint
- Living areas and dining room
- Spacious lower ground courtyard with bar
- Laundry facilities in both apartments
- Polished floorboards and high ceilings
- Easily converted into one grand home
- Spread over four versatile levels
- Flexible usage with B4 zoning
- Rear lane pedestrian access to Little Riley St
- Free building and pest report
Upstairs is for lease for $875PW one year from 29th May 2020 to 28th May 2021.
Downstairs leased for $475 PW until 01/02/2022.
The size of Surry Hills is approximately 1.3 square kilometres. There are 17 parks, covering nearly 9.2% of the 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 13,751 properties. Over the last 5 years, Houses in Surry Hills have seen a 15.25% increase in median value, while Units have seen a 0.42% increase. As at 31 May 2026:
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