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Highlights

  • Prime location in the heart of Surry Hills with excellent street exposure.
  • Surrounded by a vibrant mix of cafés, restaurants, and boutique retail.
  • Strong local catchment and consistent demand from lifestyle-driven businesses.
  • Immediate access to the Surry Hills Light Rail stop and close to Central Station.
  • High pedestrian and vehicle traffic in a dynamic inner-city precinct.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Ground
  • 818 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Condition
Shell Space
Availability
Now

This highly visible tenancy offers an exceptional opportunity for experienced operators to establish a flagship dining venue in one of Surry Hills’ most active hospitality corridors. Positioned directly beside the Surry Hills Light Rail stop and the Shakespeare Hotel, the site benefits from continuous pedestrian flow, strong local residential density, and a diverse professional catchment. The tenancy comprises 99 sqm in total, including 76 sqm of internal space and 23 sqm of external alfresco dining. Delivered as a cold shell with full hospitality-grade services, the property includes grease trap, high-capacity exhaust (3,000 L/s), gas, and 3-phase power. DA approval for restaurant/café use is in place, with licensed trading hours from 7 am to midnight, seven days a week, enabling immediate activation. Located within minutes of Crown Street and Holt Street, two of Sydney’s most established dining precincts, this site offers a rare platform for operators seeking prominence in a proven hospitality destination.

  • Corner Space
  • Display Window
  • 76 sqm internal and 23 sqm alfresco dining
  • Cold shell handover
  • Grease trap, exhaust, gas, and 3-phase power
  • Licensed trading hours 7 am–midnight, seven days
  • Prominent frontage with high foot traffic
  • Immediate availability for swift activation
Space Size Term Rental Rate Rent Type
Ground 818 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

Ground

Size
818 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Shell Space
Availability
Now

This highly visible tenancy offers an exceptional opportunity for experienced operators to establish a flagship dining venue in one of Surry Hills’ most active hospitality corridors. Positioned directly beside the Surry Hills Light Rail stop and the Shakespeare Hotel, the site benefits from continuous pedestrian flow, strong local residential density, and a diverse professional catchment. The tenancy comprises 99 sqm in total, including 76 sqm of internal space and 23 sqm of external alfresco dining. Delivered as a cold shell with full hospitality-grade services, the property includes grease trap, high-capacity exhaust (3,000 L/s), gas, and 3-phase power. DA approval for restaurant/café use is in place, with licensed trading hours from 7 am to midnight, seven days a week, enabling immediate activation. Located within minutes of Crown Street and Holt Street, two of Sydney’s most established dining precincts, this site offers a rare platform for operators seeking prominence in a proven hospitality destination.

  • Corner Space
  • Display Window
  • 76 sqm internal and 23 sqm alfresco dining
  • Cold shell handover
  • Grease trap, exhaust, gas, and 3-phase power
  • Licensed trading hours 7 am–midnight, seven days
  • Prominent frontage with high foot traffic
  • Immediate availability for swift activation

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 818 SF
Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 818 SF
Year Built 2026
Construction Status Under Renovation

About the Property

202 Devonshire Street is a well-positioned commercial property located in the heart of Surry Hills, one of Sydney’s most vibrant and creative precincts. The property benefits from a prime location along a high-visibility thoroughfare, offering excellent exposure to both pedestrian and vehicle traffic. Situated just steps from the Surry Hills Light Rail stop and within walking distance to Central Station, the property provides outstanding connectivity to the Sydney CBD and surrounding suburbs. The area is renowned for its eclectic mix of cafés, restaurants, boutique retailers, and creative businesses, making it a sought-after destination for hospitality, retail, and office operators. With its strong local catchment, proximity to major transport links, and position within a thriving lifestyle precinct, 202 Devonshire Street represents a rare opportunity to secure space in a tightly held inner-city market.

  • Restaurant

Nearby Major Retailers

Barry's
Starbucks
World Gym
Orangetheory Fitness
Crossfit
  • Listing ID: 39881314

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: 202 Devonshire St, Surry Hills, NSW 2010

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