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509-511 Crown St 1,291 SF Retail Condo Unit in Surry Hills, NSW 2010
Investment Highlights
- Prime retail space with excellent street exposure
- High-traffic location in vibrant Surry Hills
- Approx. 110sqm of open-plan internal area
- Large glass frontage ideal for signage and visibility
Executive Summary
Shop 1 at 509–511 Crown Street occupies the ground level of a small, three-lot strata building positioned along one of Surry Hills’ most recognised commercial corridors. The space features a wide glass frontage that provides strong visibility from the street and supports a variety of contemporary retail uses. Its internal configuration is open plan, allowing flexible layout options for operators and offering a modern retail presentation within a boutique, low-rise building structure. The asset sits within a compact strata arrangement, contributing to straightforward building management and a consistent streetscape character typical of the Surry Hills village environment.
Property Facts
| Total Building Size | 2,153 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,076 SF |
| Building Class | C | Tenancy | Single |
| Total Building Size | 2,153 SF |
| Property Type | Retail (Condo) |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 1,076 SF |
| Tenancy | Single |
1 Unit Available
Unit 1
| Unit Size | 1,291 SF | Sale Type | Investment |
| Condo Use | Retail | APN/Parcel ID | SP85720 |
| Unit Size | 1,291 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| APN/Parcel ID | SP85720 |
Description
A ground-level retail shop of 120 sqm in a heritage-listed building in Crown Street, Surry Hills. Currently leased to a stable and well-established tenant (Paddock).
Sale Notes
Shop 1 at 509–511 Crown Street presents a rare opportunity to secure a fully-leased retail investment in one of Sydney’s most energetic and consistently high-demand urban precincts. Positioned along the vibrant Crown Street corridor, the property enjoys exceptional visibility within a tightly held pocket known for its thriving culinary scene, boutique retailers, creative workplaces, and constant pedestrian flow. Surry Hills continues to lead inner-city transformation with strong demographics, affluent residents, and an ever-evolving mix of hospitality and lifestyle operators, making it a preferred destination for long-term commercial investors.
The asset comprises an open-plan retail space with a generous glass frontage that maximises signage potential and street exposure. Its layout supports a variety of modern retail formats and enhances the ongoing viability of the existing tenant. Surrounded by high-profile eateries, specialty shops, and premium residential developments, the location attracts a consistent customer base and benefits from strong seven-day trade. Proximity to Oxford Street, Central Station, and city-bound bus routes further strengthens accessibility and future growth prospects.
Currently leased to Paddock on Crown, a stable, well-established operator, the property delivers immediate, reliable income from day one with potential for rental uplift in a suburb renowned for exceptionally low vacancy rates. The building’s boutique strata of only three lots offers straightforward management and long-term structural simplicity. As Surry Hills continues to benefit from population density, infrastructure upgrades, and increasing consumer spend, this retail investment represents an outstanding opportunity to anchor your portfolio within a proven, resilient location.
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509-511 Crown St
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