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51-55 Reservoir Street
Surry Hills NSW 2010

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 271.9m2
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Sensational Raw Site of Pure Character in Supreme Location

Reap the rewards of a creative conversion of this remarkable 271.9 sqm corner site, establishing a signature address in Surry Hills on the doorstep of the city. Boasting the potential for laneway access to parking, the ability to convert this site into a residential building will surely draw plenty of attention.
Seasoned city developers will know the value of a residential address this close to the heart of the city, surrounded by cool cafes and only 450 metres from Central Station. The FSR of 3:1 unlocks over 600 sqm of floorspace that can be utilised for a designer apartment building or a visionary city home.
Behind the modest facade, the interiors of this amazing site present open space that expands across the three titles. Ceiling heights soar beyond 15m, presenting an interior designer with loft space to shape into a striking visual feature.
The fabric of the building itself has great character with a mix of exposed brickwork and steel beams providing raw period and industrial textures. This level of authenticity is unparalleled and will add personality to a residential project.
This location can also wok for a variety of commercial alternatives. A mixed used development will showcase a vibrant street frontage with space for a hospitality venture, or a funky design, advertising or consulting firm.
This is an exciting location by day and night, with shops, boutique stores and entertainment venues close by. City transport networks are easy to access by foot, and there several, bars and restaurants in the surrounding streets.
- Residential or Mixed Use Site
- Potential parking access from Beauchamp Lane
- Inherent character of raw steel & brick textures
- Build up 2-3 levels to maximise the floor space
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Property Details for 51-55 Reservoir St, Surry Hills

Building Type
Commercial
Land Size
271.9m2

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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.

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