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The Porterhouse 233 Riley St 1,884 SF of Retail Space Available in Surry Hills, NSW 2010
Highlights
- Iconic heritage building integrated with a luxury hotel in Surry Hills.
- Surrounded by leading restaurants, bars, and boutique retail operators.
- Strong local and visitor trade driven by the hotel and surrounding precinct.
- Prime location on Campbell Street with excellent connectivity to Central Station and Sydney Metro.
- Suitable for high-end hospitality, retail, or lifestyle concepts (STCA).
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,884 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
The Porterhouse offers a rare opportunity to secure one of Surry Hills’ most iconic hospitality addresses, featuring over 500 metres of prime corner frontage and a fully fitted bar and kitchen. Spanning 522 sqm, the venue accommodates up to 150 internal seats and is equipped with all major services, including exhaust, gas, grease trap, and 3-phase power, ensuring a seamless transition for an experienced operator. Positioned just minutes from Central Station and the Sydney CBD, this tenancy sits at the heart of one of Sydney’s most competitive and dynamic dining precincts. Surrounded by established hospitality operators and supported by a strong, diverse catchment, the property is ideally suited for a flagship bar, restaurant, or destination venue. Licensed trading hours extend to midnight, and the space is available for immediate occupation.
- Fully Built-Out as a Restaurant or Café Space
- Central Air and Heating
- Corner Space
- High Ceilings
- Exposed Ceiling
- Recessed Lighting
- Display Window
- 522 sqm hospitality venue
- 150-seat internal capacity
- Fully fitted bar and kitchen
- Exhaust, gas, grease trap, and 3-phase power
- Licensed trading hours to midnight
- Prominent corner position with 40m+ frontage
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 | 1,884 SF | Property Subtype | Restaurant |
| Property Type | Retail | Gross Leasable Area | 5,651 SF |
| Total Space Available | 1,884 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,651 SF |
About the Property
The Porterhouse is a landmark mixed-use development located in the heart of Surry Hills, one of Sydney’s most vibrant and culturally rich precincts. This heritage-listed building has been meticulously restored and integrated with a modern luxury hotel, creating a unique blend of historic character and contemporary design. Positioned on Campbell Street, The Porterhouse benefits from excellent connectivity, being just minutes from Central Station, the Sydney Metro, and major bus routes. The location is surrounded by an eclectic mix of dining, retail, and creative businesses, reinforcing Surry Hills’ reputation as a premier lifestyle and hospitality destination. The development offers premium hospitality and retail opportunities, complemented by a high-end hotel component, ensuring a steady flow of local patrons, business travelers, and visitors. Its distinctive architecture and prime location make it a rare opportunity for operators seeking a prestigious address in a tightly held market.
- Corner Lot
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
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The Porterhouse | 233 Riley St
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