640-642 George Street, Sydney, NSW 2000 | Property Value & History | OnTheHouse
OFF MARKET

640-642 George Street
Sydney NSW 2000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 236m2
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Property Details for 640-642 George St, Sydney

Building Type
Commercial
Land Size
236m2
Local Government
Sydney
Lot/Plan
1/DP724114

Last Listing description (October 2023)

Knight Frank are pleased to present to the market for Lease, the Ground Floor and Basement retail tenancy at 640-642 George Street, Sydney.

AVAILABILITY:

- Ground Floor: 172 sqm*
- Basement: 162 sqm*

KEY FEATURES:
- Situated within the heart of the George Street retail/entertainment precinct on the corner of George Street & Liverpool Street
- The subject retail site benefits from a prime corner position on the Ground Floor with excellent exposure and branding potential
- Exposure to flowing shopper, commuter, business, residential and tourist foot-traffic throughout the day and night
- Close proximity to Town Hall Station, Chinatown & Town Hall light rail stops
- World Square Precinct, Regent Place Shopping Centre, Event Cinemas, KFC, Hungry Jack's, Starbucks, Guylian Chocolate, McDonalds, UFC Gym, Koko Amusement, Chemist Warehouse, Hype DC, The North Face, etc.
- Available now!

ARRANGE AN INSPECTION:
For further information and/or to arrange an inspection, please contact the exclusive leasing agent Alex Alamsyah of Knight Frank - 0423 045 586.

*Approx.

Property History for 640-642 George St, Sydney, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$4,350,000
30 Nov 1990
Listed for Rent
$1/w
16 Oct 2023
  • 16 Oct 2023
    Listed for Rent - Price not available
  • 07 May 2015
    Listed for Rent - Price not available
  • 30 Nov 1990
    Sold for $4,350,000
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About Sydney 2000

The size of Sydney is approximately 3.0 square kilometres. It has 16 parks covering nearly 33.5% of total area. The population of Sydney in 2016 was 17252 people. By 2021 the population was 16667 showing a population decline of 3.4% in the area during that time. The predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sydney work in a professional occupation.In 2021, 24.20% of the homes in Sydney were owner-occupied compared with 29.10% in 2016.

Sydney has 24,336 properties. Over the last 5 years, Houses in Sydney have seen a -25.68% decrease in median value, while Units have seen a -0.11% decrease. As at 31 December 2025:

  • The median value for Houses in Sydney is $1,439,062 while the median value for Units is $1,077,930.
  • Houses have a median rent of $850 while Units have a median rent of $1,000.
There are currently 176 properties listed for sale, and 297 properties listed for rent in Sydney on OnTheHouse. According to Cotality's data, 676 properties were sold in the past 12 months in Sydney.

Suburb Insights for Sydney 2000

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.