581 Crown Street, SURRY HILLS, 2010, New South Wales

  • 160sqm
26357650.full

Subject: 581 Crown Street, SURRY HILLS, 2010, New South Wales

For sale

Contact Agent

FORTHCOMING AUCTION - Rare shop and Residence in Surry Hills

Property ID: 19922573

Raine and Horne Commercial in-conjunction with CMS real estate are please to bring to the market this two-level shop and residence located in a prime position on Crown Street.

The property is located in a sought-after position benefiting from high pedestrian and vehicle traffic that this location offers.

Being only 200m* from incoming Surry Hills Light Rail stop and the soon to be re-developed Surry Hills Shopping Village by Toga Group with Coles supermarket continuing occupying the ground floor tenancy, within a short distance of Central Station and Moore Park Showgrounds, multiple bus routes down Crown Street that connect to Central Station, the CBD and greater metropolitan Sydney.

Surry Hills has continued to be a highly demanded suburb with strong growth and affluent demographic.

Key Selling Points:

- Building area – 160 sqm (app)

- Land area – 80 sqm (app)

- First floor is a renovated one-bedroom apartment leased at $23,400 per annum

- Ground floor tenant is on a 3 + 3 year at $60,000 per annum + GST and Outgoings

- This is a fantastic entry point into the Sydney’s city fringe commercial property market or wonderful addition to your investment portfolio.

Inspection: By Appointment

Michael Buium – Raine and Horne Commercial

0408 385 385

Jacqueline Smith- Raine and Horne Commercial

0412 002 194

Nathan Pacer – CMS Real Estate

P: 9552 4333

M: 0428 233 893

Building / Floor Area160 sqm
Land Area80.0 sqm
TenantedNo
14270.profile
Raine & Horne Commercial Bondi Junction

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Raine & Horne Commercial Bondi Junction

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R&H Suburb Profile: Surry Hills

R&H Suburb SummaryHouses
Number of sales 130
Average Price $1,604,377
Median Price $1,700,000
Median Rental Price $900 p.w.
Change in Rental Rate (5yr) 20 %
R&H Suburb SummaryUnits
Number of sales 267
Average Price $786,511
Median Price $860,000
Median Rental Price $650 p.w.
Change in Rental Rate (5yr) 18 %
Surry Hills, NSW - Median Trend
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