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399 Riley St 2,120 SF 100% Leased Retail Building Surry Hills, NSW 2010 For Sale



Investment Highlights
- Iconic corner terrace in Surry Hills precinct
- Securely leased with strong income profile
- Positioned between Crown and Foveaux Streets
- Close to Central Station and Tech Central hub
Executive Summary
This property represents a unique opportunity to secure a high-profile freehold asset in one of Sydney’s most desirable inner-city locations. With its prominent corner position, secure tenancy, and flexible configuration, the property is ideally suited for investors seeking stable income and capital growth, or for owner-occupiers planning future repositioning.
The combination of strong demand drivers, proximity to major transport links, and adjacency to the Tech Central innovation corridor ensures long-term resilience and value appreciation. Opportunities of this calibre in Surry Hills are exceptionally rare, making this an unmissable acquisition for discerning buyers.
399 Riley Street presents a rare opportunity to acquire an iconic mixed-use corner terrace in the heart of Surry Hills, one of Sydney’s most vibrant and tightly held precincts. Offering approximately 197 m² of versatile internal space across two levels, the property benefits from excellent natural light throughout and includes two valuable on-site parking spaces accessed via Sophia Street.
Strategically positioned between Crown Street and Foveaux Street, the property is surrounded by a thriving ecosystem of culinary, creative, and cultural destinations. Located just 700 metres from Central Station and near the Surry Hills Light Rail stop, the property offers exceptional connectivity to the CBD, South East, and the Tech Central innovation corridor.
Currently leased to Bixie Colour, a well-established boutique salon with a strong reputation and loyal clientele, the property provides immediate income security while offering long-term potential for investors, future owner-occupiers, or residential conversion (STCA).
The combination of strong demand drivers, proximity to major transport links, and adjacency to the Tech Central innovation corridor ensures long-term resilience and value appreciation. Opportunities of this calibre in Surry Hills are exceptionally rare, making this an unmissable acquisition for discerning buyers.
399 Riley Street presents a rare opportunity to acquire an iconic mixed-use corner terrace in the heart of Surry Hills, one of Sydney’s most vibrant and tightly held precincts. Offering approximately 197 m² of versatile internal space across two levels, the property benefits from excellent natural light throughout and includes two valuable on-site parking spaces accessed via Sophia Street.
Strategically positioned between Crown Street and Foveaux Street, the property is surrounded by a thriving ecosystem of culinary, creative, and cultural destinations. Located just 700 metres from Central Station and near the Surry Hills Light Rail stop, the property offers exceptional connectivity to the CBD, South East, and the Tech Central innovation corridor.
Currently leased to Bixie Colour, a well-established boutique salon with a strong reputation and loyal clientele, the property provides immediate income security while offering long-term potential for investors, future owner-occupiers, or residential conversion (STCA).
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,120 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.44
Lot Size
0.03 AC
Frontage
16’ on Riley Street
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Nearby Major Retailers
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399 Riley St
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