SOLD
Sold on 06 Mar 2024 for $1,890,000

314 Cleveland Street
Surry Hills NSW 2010

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 124m2
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Property Details for 314 Cleveland St, Surry Hills

Building Type
Commercial
Land Size
124m2
Local Government
Sydney
Lot/Plan
C/DP438607

Last Listing description (October 2023)

Occupying a prominent corner position in the well known Cleveland Street, this long-running restaurant and its attached home are being offered to the market for the first time in over 25 years.

The upper level features a three bedroom apartment with spacious living/dining areas and a kitchen. The lower level comprises a full restaurant with kitchen, cool room, exhaust and grease trap. Explore the possibilities to capitalise on a sought-after urban location, a stroll to Surry Hill's shopping and dining precinct.


- Excellent opportunity in prized setting
- Re-create brand new creative business
- Great potential for extra passive income
- Side access to a secure car park
- Stroll to city transport, shops, cafes

Property History for 314 Cleveland St, Surry Hills, NSW 2010

A timeline of how this property has performed in the market
Last Sold
$1,890,000
06 Mar 2024
  • 06 Mar 2024
    Sold for $1,890,000
  • 28 Sep 2023
    Listed for Sale Contact Agent
  • 03 Oct 1996
    Sold for $315,000
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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 13,548 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 48 properties listed for sale, and 97 properties listed for rent in Surry hills on OnTheHouse. According to CoreLogic's data, 549 properties were sold in the past 12 months in Surry hills.

Suburb Insights for Surry Hills 2010

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Disclaimer
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.