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Investment Highlights

  • Nine adjoining mixed-use terraces offered in one line in Surry Hills.
  • Three street frontages, including 35 meters along Riley Street.
  • B4 Mixed Use zoning allows for both commercial and residential uses.
  • Located 600 meters from the new Light Rail Terminal and minutes from Central Station and the CBD.

Executive Summary

This rare city-fringe investment opportunity comprises nine adjoining mixed-use terraces offered in one line, positioned in the vibrant heart of Surry Hills. The property benefits from B4 Mixed Use zoning, providing flexibility for both commercial and residential applications. Currently generating an approximate annual income of $542,000 plus GST across ten commercial tenancies, the asset offers immediate cash flow with potential for future repositioning or redevelopment.
The site spans approximately 500 m² of land with a combined building area of around 925 m², featuring three valuable street frontages, including a 35-meter frontage along Riley Street. Additional features include a double lock-up garage accessed via Ann Street and proximity to key transport links, including Central Station and the new Light Rail Terminal just 600 meters away. This tightly held location is renowned for strong rental demand and long-term capital growth, making it an attractive proposition for investors seeking a secure income stream and future upside in one of Sydney’s most dynamic precincts.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,473 SF
Building Class
C
NOI
$533,232 CAD
Percent Leased
78%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.65
Lot Size
0.09 AC
Frontage
115’ on Riley Street

Amenities

  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 238A
  • 441 SF
  • Retail
  • In-Line
  • Now

238A Riley Street offers approximately 124 sqm of refurbished commercial space across three levels in the heart of Surry Hills. The property features a practical layout with a kitchenette, WC facilities, and a shower, complemented by abundant natural light throughout. Ideally suited for a range of uses including professional offices, IT, fashion design studios, medical, salons, and more (STCA), this versatile terrace provides an excellent opportunity in one of Sydney’s most vibrant city-fringe locations. Positioned just moments from Crown and Bourke Streets’ renowned dining and retail precinct and within close proximity to the Surry Hills Light Rail Terminal and Central Station, the property combines convenience, connectivity, and character in a highly sought-after setting.

  • 242
  • 388 SF
  • Retail
  • In-Line
  • Now

This boutique commercial terrace at 242 Riley Street offers approximately 95 sqm of versatile space across three levels in the heart of Surry Hills. Featuring a functional layout with a kitchenette, bathroom, and shower amenities, the property is designed for convenience and flexibility. Large rear glass doors flood the interior with natural light and open to a private courtyard, creating an inviting work environment. Surrounded by some of Sydney’s most popular cafés, restaurants, and creative operators, the property is just a short walk to Crown and Bourke Streets, the Surry Hills Light Rail, and Central Station. Ideal for professional offices, medical, fashion studios, salons, or creative businesses (STCA), this is a rare opportunity in one of Sydney’s most vibrant precincts.

  • 238A
  • 441 SF
  • Retail
  • In-Line
  • Now

238A Riley Street offers approximately 124 sqm of refurbished commercial space across three levels in the heart of Surry Hills. The property features a practical layout with a kitchenette, WC facilities, and a shower, complemented by abundant natural light throughout. Ideally suited for a range of uses including professional offices, IT, fashion design studios, medical, salons, and more (STCA), this versatile terrace provides an excellent opportunity in one of Sydney’s most vibrant city-fringe locations. Positioned just moments from Crown and Bourke Streets’ renowned dining and retail precinct and within close proximity to the Surry Hills Light Rail Terminal and Central Station, the property combines convenience, connectivity, and character in a highly sought-after setting.

  • 242
  • 344 SF
  • Retail
  • In-Line
  • Now

This boutique commercial terrace at 242 Riley Street offers approximately 95 sqm of versatile space across three levels in the heart of Surry Hills. Featuring a functional layout with a kitchenette, bathroom, and shower amenities, the property is designed for convenience and flexibility. Large rear glass doors flood the interior with natural light and open to a private courtyard, creating an inviting work environment. Surrounded by some of Sydney’s most popular cafés, restaurants, and creative operators, the property is just a short walk to Crown and Bourke Streets, the Surry Hills Light Rail, and Central Station. Ideal for professional offices, medical, fashion studios, salons, or creative businesses (STCA), this is a rare opportunity in one of Sydney’s most vibrant precincts.

  • 238A
  • 441 SF
  • Retail
  • In-Line
  • Now

238A Riley Street offers approximately 124 sqm of refurbished commercial space across three levels in the heart of Surry Hills. The property features a practical layout with a kitchenette, WC facilities, and a shower, complemented by abundant natural light throughout. Ideally suited for a range of uses including professional offices, IT, fashion design studios, medical, salons, and more (STCA), this versatile terrace provides an excellent opportunity in one of Sydney’s most vibrant city-fringe locations. Positioned just moments from Crown and Bourke Streets’ renowned dining and retail precinct and within close proximity to the Surry Hills Light Rail Terminal and Central Station, the property combines convenience, connectivity, and character in a highly sought-after setting.

  • 242
  • 301 SF
  • Retail
  • In-Line
  • Now

This boutique commercial terrace at 242 Riley Street offers approximately 95 sqm of versatile space across three levels in the heart of Surry Hills. Featuring a functional layout with a kitchenette, bathroom, and shower amenities, the property is designed for convenience and flexibility. Large rear glass doors flood the interior with natural light and open to a private courtyard, creating an inviting work environment. Surrounded by some of Sydney’s most popular cafés, restaurants, and creative operators, the property is just a short walk to Crown and Bourke Streets, the Surry Hills Light Rail, and Central Station. Ideal for professional offices, medical, fashion studios, salons, or creative businesses (STCA), this is a rare opportunity in one of Sydney’s most vibrant precincts.

Space Size Space Use Position Available
238A 441 SF Retail In-Line Now
242 388 SF Retail In-Line Now
238A 441 SF Retail In-Line Now
242 344 SF Retail In-Line Now
238A 441 SF Retail In-Line Now
242 301 SF Retail In-Line Now

238A

Size
441 SF
Space Use
Retail
Position
In-Line
Available
Now

242

Size
388 SF
Space Use
Retail
Position
In-Line
Available
Now

238A

Size
441 SF
Space Use
Retail
Position
In-Line
Available
Now

242

Size
344 SF
Space Use
Retail
Position
In-Line
Available
Now

238A

Size
441 SF
Space Use
Retail
Position
In-Line
Available
Now

242

Size
301 SF
Space Use
Retail
Position
In-Line
Available
Now

238A

Size 441 SF
Space Use Retail
Position In-Line
Available Now

238A Riley Street offers approximately 124 sqm of refurbished commercial space across three levels in the heart of Surry Hills. The property features a practical layout with a kitchenette, WC facilities, and a shower, complemented by abundant natural light throughout. Ideally suited for a range of uses including professional offices, IT, fashion design studios, medical, salons, and more (STCA), this versatile terrace provides an excellent opportunity in one of Sydney’s most vibrant city-fringe locations. Positioned just moments from Crown and Bourke Streets’ renowned dining and retail precinct and within close proximity to the Surry Hills Light Rail Terminal and Central Station, the property combines convenience, connectivity, and character in a highly sought-after setting.

242

Size 388 SF
Space Use Retail
Position In-Line
Available Now

This boutique commercial terrace at 242 Riley Street offers approximately 95 sqm of versatile space across three levels in the heart of Surry Hills. Featuring a functional layout with a kitchenette, bathroom, and shower amenities, the property is designed for convenience and flexibility. Large rear glass doors flood the interior with natural light and open to a private courtyard, creating an inviting work environment. Surrounded by some of Sydney’s most popular cafés, restaurants, and creative operators, the property is just a short walk to Crown and Bourke Streets, the Surry Hills Light Rail, and Central Station. Ideal for professional offices, medical, fashion studios, salons, or creative businesses (STCA), this is a rare opportunity in one of Sydney’s most vibrant precincts.

238A

Size 441 SF
Space Use Retail
Position In-Line
Available Now

238A Riley Street offers approximately 124 sqm of refurbished commercial space across three levels in the heart of Surry Hills. The property features a practical layout with a kitchenette, WC facilities, and a shower, complemented by abundant natural light throughout. Ideally suited for a range of uses including professional offices, IT, fashion design studios, medical, salons, and more (STCA), this versatile terrace provides an excellent opportunity in one of Sydney’s most vibrant city-fringe locations. Positioned just moments from Crown and Bourke Streets’ renowned dining and retail precinct and within close proximity to the Surry Hills Light Rail Terminal and Central Station, the property combines convenience, connectivity, and character in a highly sought-after setting.

242

Size 344 SF
Space Use Retail
Position In-Line
Available Now

This boutique commercial terrace at 242 Riley Street offers approximately 95 sqm of versatile space across three levels in the heart of Surry Hills. Featuring a functional layout with a kitchenette, bathroom, and shower amenities, the property is designed for convenience and flexibility. Large rear glass doors flood the interior with natural light and open to a private courtyard, creating an inviting work environment. Surrounded by some of Sydney’s most popular cafés, restaurants, and creative operators, the property is just a short walk to Crown and Bourke Streets, the Surry Hills Light Rail, and Central Station. Ideal for professional offices, medical, fashion studios, salons, or creative businesses (STCA), this is a rare opportunity in one of Sydney’s most vibrant precincts.

238A

Size 441 SF
Space Use Retail
Position In-Line
Available Now

238A Riley Street offers approximately 124 sqm of refurbished commercial space across three levels in the heart of Surry Hills. The property features a practical layout with a kitchenette, WC facilities, and a shower, complemented by abundant natural light throughout. Ideally suited for a range of uses including professional offices, IT, fashion design studios, medical, salons, and more (STCA), this versatile terrace provides an excellent opportunity in one of Sydney’s most vibrant city-fringe locations. Positioned just moments from Crown and Bourke Streets’ renowned dining and retail precinct and within close proximity to the Surry Hills Light Rail Terminal and Central Station, the property combines convenience, connectivity, and character in a highly sought-after setting.

242

Size 301 SF
Space Use Retail
Position In-Line
Available Now

This boutique commercial terrace at 242 Riley Street offers approximately 95 sqm of versatile space across three levels in the heart of Surry Hills. Featuring a functional layout with a kitchenette, bathroom, and shower amenities, the property is designed for convenience and flexibility. Large rear glass doors flood the interior with natural light and open to a private courtyard, creating an inviting work environment. Surrounded by some of Sydney’s most popular cafés, restaurants, and creative operators, the property is just a short walk to Crown and Bourke Streets, the Surry Hills Light Rail, and Central Station. Ideal for professional offices, medical, fashion studios, salons, or creative businesses (STCA), this is a rare opportunity in one of Sydney’s most vibrant precincts.

Nearby Major Retailers

Barry's
Anytime Fitness
Starbucks
F45 Training, Inc.
World Gym
ACME Markets
Crossfit
  • Listing ID: 40066702

  • Date on Market: 2026-04-08

  • Last Updated:

  • Address: 250A Riley St, Surry Hills, NSW 2010

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