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11-21 Alberta St 818 SF Retail Condo Unit in Sydney, NSW 2000
Investment Highlights
- Boutique commercial building in the heart of Surry Hills near Sydney CBD
- Features secure access and contemporary design throughout
- Positioned in a highly connected location with excellent transport links
- Surrounded by premium dining, retail, and lifestyle amenities
- Offers a creative and professional environment for modern businesses
Executive Summary
11-21 Alberta Street is a boutique commercial building located on the fringe of Sydney’s CBD in the vibrant Surry Hills precinct. The property offers a creative and contemporary work environment, perfectly suited for businesses seeking a premium address with character and convenience. Positioned above the renowned Alberto’s Lounge, the building combines a central location with a unique cultural edge, surrounded by some of Sydney’s best dining, retail, and lifestyle amenities.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | CP/SP91667 |
| Sale Type | Investment |
| APN/Parcel ID | CP/SP91667 |
Description
Shop 1, 11-15 Alberta Street forms part of a multi-level strata-titled residential and mixed-use building within Sydney's CBD fringe precinct. The retail lot occupies the ground-floor frontage and benefits from visibility along Alberta Street. The broader property contains residential units above and complementary ground-level retail tenancies facing pedestrian-accessible thoroughfares. Common property features include shared building access, external façade elements, essential services, and utility infrastructure, with individual lots maintained under separate strata entitlements in accordance with the building management and strata plan provisions.
Sale Notes
This Sydney CBD fringe retail investment offers a compelling combination of long-term security and income growth. The 76 sqm boutique space is fully leased to a quality tenant under a CPI-linked agreement, generating a net passing income of $79,911.24 per annum. The lease extends until 2029 with a further five-year option, ensuring sustained revenue and inflation-adjusted returns.
Featuring folding glass doors that maximize natural light and enable flexible indoor-outdoor dining, the shop has been enhanced with an installed grease trap, favoring food and beverage operations. This fitout advantage minimizes capital expenditure for tenants and underpins the property’s relevance in the city’s strong hospitality market.
Situated within a densely populated residential building with an immediate built-in customer base, the location draws consistent foot traffic from local residents, students, and office professionals. Alberta Street offers connectivity to Hyde Park, Museum Station, and Sydney’s primary business precinct, while being surrounded by high-quality dining destinations and creative uses. This property represents a robust, income-generating opportunity in a tightly held CBD precinct with enduring tenant demand.
Featuring folding glass doors that maximize natural light and enable flexible indoor-outdoor dining, the shop has been enhanced with an installed grease trap, favoring food and beverage operations. This fitout advantage minimizes capital expenditure for tenants and underpins the property’s relevance in the city’s strong hospitality market.
Situated within a densely populated residential building with an immediate built-in customer base, the location draws consistent foot traffic from local residents, students, and office professionals. Alberta Street offers connectivity to Hyde Park, Museum Station, and Sydney’s primary business precinct, while being surrounded by high-quality dining destinations and creative uses. This property represents a robust, income-generating opportunity in a tightly held CBD precinct with enduring tenant demand.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 818 SF | Retail | Upon Request | $79,153.59 CAD |
Unit 1
| Unit Size |
| 818 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| $79,153.59 CAD |
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Unit 1
| Unit Size | 818 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | $79,153.59 CAD |
| Sale Type | Investment |
| APN/Parcel ID | CP/SP91667 |
| Description | |
| Shop 1, 11-15 Alberta Street forms part of a multi-level strata-titled residential and mixed-use building within Sydney's CBD fringe precinct. The retail lot occupies the ground-floor frontage and benefits from visibility along Alberta Street. The broader property contains residential units above and complementary ground-level retail tenancies facing pedestrian-accessible thoroughfares. Common property features include shared building access, external façade elements, essential services, and utility infrastructure, with individual lots maintained under separate strata entitlements in accordance with the building management and strata plan provisions.</li></ul> | |
| Sale Notes | |
| This Sydney CBD fringe retail investment offers a compelling combination of long-term security and income growth. The 76 sqm boutique space is fully leased to a quality tenant under a CPI-linked agreement, generating a net passing income of $79,911.24 per annum. The lease extends until 2029 with a further five-year option, ensuring sustained revenue and inflation-adjusted returns.<br> Featuring folding glass doors that maximize natural light and enable flexible indoor-outdoor dining, the shop has been enhanced with an installed grease trap, favoring food and beverage operations. This fitout advantage minimizes capital expenditure for tenants and underpins the property’s relevance in the city’s strong hospitality market.<br> Situated within a densely populated residential building with an immediate built-in customer base, the location draws consistent foot traffic from local residents, students, and office professionals. Alberta Street offers connectivity to Hyde Park, Museum Station, and Sydney’s primary business precinct, while being surrounded by high-quality dining destinations and creative uses. This property represents a robust, income-generating opportunity in a tightly held CBD precinct with enduring tenant demand.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 87,080 SF | Floors | 10 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 1,238 SF |
| Property Subtype | Apartment | Year Built | 2004 |
| Building Class | B | Lot Size | 0.23 AC |
| Total Building Size | 87,080 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 10 |
| Typical Floor Size | 1,238 SF |
| Year Built | 2004 |
| Lot Size | 0.23 AC |
Amenities
Site Amenities
- On-Site Retail
1 1
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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11-21 Alberta St
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