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Highlights

  • Strategic, well-connected location within walking distance of Central Station and primary bus corridors.
  • Pre-installed exhaust system and grease trap streamlining food and beverage fit-outs.
  • Embedded in Surry Hills’ dynamic hospitality and retail environment, surrounded by strong operators and local services.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Ground
  • 1,023 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Build-Out
Shell Space
Availability
Now

Positioned in the heart of Sydney’s bustling city fringe, this brand-new 95 m² restaurant-ready tenancy in Surry Hills offers operators the rare chance to design and implement a bespoke fit-out prior to completion. Complemented by an exclusive 15 m² courtyard, the property combines indoor and outdoor activation opportunities—ideal for operators looking to establish a vibrant dining concept or specialty retail presence in a highly connected market. Strategically located within easy reach of Central Station and major bus routes, the property boasts proximity to significant commuter traffic and a thriving local audience. An existing exhaust system and grease trap installation enhance its suitability for food and beverage operations, while its modern refurbishment provides the perfect foundation for an eye-catching design. The tenancy offers flexibility, supporting a diverse range of uses where brand identity and operational efficiency merge seamlessly. Surrounded by Surry Hills’ acclaimed café, dining, and cultural scene, this address places new occupiers directly amid one of Sydney’s most renowned lifestyle and hospitality precincts—an opportunity certain to attract both local and destination clientele.

  • Corner Space
  • Display Window
Space Size Term Rental Rate Rent Type
Ground 1,023 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

Ground

Size
1,023 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
Shell Space
Availability
Now

Positioned in the heart of Sydney’s bustling city fringe, this brand-new 95 m² restaurant-ready tenancy in Surry Hills offers operators the rare chance to design and implement a bespoke fit-out prior to completion. Complemented by an exclusive 15 m² courtyard, the property combines indoor and outdoor activation opportunities—ideal for operators looking to establish a vibrant dining concept or specialty retail presence in a highly connected market. Strategically located within easy reach of Central Station and major bus routes, the property boasts proximity to significant commuter traffic and a thriving local audience. An existing exhaust system and grease trap installation enhance its suitability for food and beverage operations, while its modern refurbishment provides the perfect foundation for an eye-catching design. The tenancy offers flexibility, supporting a diverse range of uses where brand identity and operational efficiency merge seamlessly. Surrounded by Surry Hills’ acclaimed café, dining, and cultural scene, this address places new occupiers directly amid one of Sydney’s most renowned lifestyle and hospitality precincts—an opportunity certain to attract both local and destination clientele.

  • Corner Space
  • Display Window

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 1,023 SF
Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 2,045 SF

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
Anytime Fitness
Starbucks
World Gym
Orangetheory Fitness
Crossfit
F45 Training, Inc.
  • Listing ID: 39881314

  • Date on Market: 2026-03-24

  • Last Updated:

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

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