FOR RENT
FOR LEASE

Ground Floor Shop/559-561 Crown Street
Surry Hills NSW 2010

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 132m2
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RETAIL SPACE WITH AMPLE FLOOR AREA FOR LEASE

Ray White Commercial (SC) is pleased to present an exceptional opportunity for a savvy business owner to secure a retail leasehold in the coveted city fringe location of Surry Hills.
Nestled in one of Sydney's premier entertainment precincts, this retail space boasts a strategic position along Crown Street, benefiting from abundant foot traffic and exceptional exposure. With a generous floor area of 132.5 sqm*, the property presents an excellent opportunity for repositioning into a food and beverage operation^, capitalising on the area's vibrant atmosphere.
Additional highlights of the asset include:
• Highly desirable retail space with a floor area of 132.5 sqm*
• Wide shopfront offering excellent exposure
• Massive levels of passing trade with foot traffic being situated on the Crown Street entertainment precinct
• Ideal location to repurpose to become a food and beverage operation^
• Proximity to the Light Rail providing access to UNSW, Prince of Wales Hospital, Cricket Ground / New Stadium and CBD / Circular Quay
• 67m* to the Crown Hotel
• 180m* to the soon-to-be-completed Surry Hills Village by TOGA
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Property Details for Ground Floor Shop/559-561 Crown St, Surry Hills

Building Type
Commercial
Floor Size
132m2

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About 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 2011 was 15,342 people. By 2016 the population was 16,417 showing a population growth of 7.0% 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 2011, 34.9% of the homes in Surry Hills were owner-occupied compared with 32.3% in 2016.

Surry Hills has 13,545 properties. Over the last 5 years, Houses in Surry Hills have seen a 32.93% increase in median value, while Units have seen a 11.66% increase. As at 31 October 2024:

  • The median value for Houses in Surry Hills is $2,287,029 while the median value for Units is $994,383.
  • Houses have a median rent of $980 while Units have a median rent of $750.
There are currently 45 properties listed for sale, and 91 properties listed for rent in Surry hills on OnTheHouse. According to CoreLogic's data, 551 properties were sold in the past 12 months in Surry hills.

Suburb Insights for Surry Hills 2010

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Samuel Hadgelias
Liam Regan
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RWC SC
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.