Surry Hills

164 Devonshire Street

Highlights

A unique Surry Hills site DA approved for a 5-level commercial building on 256sqm of land, only a block from central station. The approved plans provide a basement level with 4 levels and roof top. A 6-metre wide 1856 terrace remains with retail shop on street level, while the GFA of the completed build is to be 600sqm.

• Current 2-level terrace, 2 tenancies
• G-floor commercial + level 1 apartment
• Rear building: 4-car garage, studio above
• 2 tenancies with income of $74,000 pa
• Ground floor retail - $35,000 pa
• Level 1 - 2 bedroom apt - $39,000 pa
• Zoning MU1 - Flexible uses
• Generous planning controls 2.5:1
• Reposition opportunity with DA approval
• Multi unit residential options