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88 Foveaux St 2,152 SF Office Condo Unit in Surry Hills, NSW 2010
Investment Highlights
- Prime location in the heart of Surry Hills with excellent exposure along Foveaux Street.
- Surrounded by a vibrant mix of cafes, restaurants, and boutique retailers.
- Walking distance to Central Station and major public transport links.
- Strategic position in a tightly held city fringe market with strong demand.
Executive Summary
88 Foveaux Street is a prominently positioned commercial property located in the heart of Surry Hills, one of Sydney’s most vibrant and tightly held city fringe precincts. The property benefits from excellent exposure along Foveaux Street, a major thoroughfare linking Surry Hills to the Sydney CBD, and is within walking distance of Central Station, providing outstanding connectivity to the wider metropolitan area. The surrounding area is a thriving hub for creative industries, professional services, and hospitality operators, supported by a strong residential population and consistent foot traffic. The property’s location offers immediate access to an array of cafes, restaurants, and boutique retailers, making it highly attractive for businesses seeking a dynamic and well-connected environment.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 2 |
| Cap Rate | 5.40% |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| No. Parking Spaces | 2 |
Description
Level 2, Suite 201 at 88 Foveaux Street offers a premium strata office opportunity in one of Sydney’s most dynamic city fringe locations. Spanning approximately 200 sqm, this corner suite benefits from excellent natural light and a functional layout, making it ideal for a range of professional uses. The property includes two secure car spaces on separate titles, adding significant value and convenience.
The building underwent a major refurbishment in 2004 and has recently been upgraded with two brand-new high-speed lifts, ensuring modern accessibility and efficiency. Positioned just a 5-minute walk from Central Station, light rail, and the upcoming metro stations, the property provides outstanding connectivity to the Sydney CBD and beyond.
This strata office is part of a well-maintained commercial building in the heart of Surry Hills, surrounded by a vibrant mix of cafes, restaurants, and creative businesses, making it an attractive investment in a tightly held market.
The building underwent a major refurbishment in 2004 and has recently been upgraded with two brand-new high-speed lifts, ensuring modern accessibility and efficiency. Positioned just a 5-minute walk from Central Station, light rail, and the upcoming metro stations, the property provides outstanding connectivity to the Sydney CBD and beyond.
This strata office is part of a well-maintained commercial building in the heart of Surry Hills, surrounded by a vibrant mix of cafes, restaurants, and creative businesses, making it an attractive investment in a tightly held market.
Sale Notes
Gunning Real Estate is pleased to present this exceptional commercial investment opportunity featuring a brand-new 5-year lease to a long-standing tenant who has occupied the premises for over 30 years. The property offers a strong average net return of approximately 5.4%, providing investors with secure and consistent income.
Comprising two separate strata titles and two car spaces on separate titles, this 200 sqm corner office suite is positioned within a refurbished building that has recently received significant upgrades, including the installation of two new high-speed lifts. The property’s strategic location, just minutes from Central Station and major transport links, ensures long-term demand and strong tenant retention.
With the building offering future redevelopment potential and the security of a new long-term lease, this asset represents a rare opportunity to acquire a high-performing investment in one of Sydney’s most sought-after city fringe precincts.
Comprising two separate strata titles and two car spaces on separate titles, this 200 sqm corner office suite is positioned within a refurbished building that has recently received significant upgrades, including the installation of two new high-speed lifts. The property’s strategic location, just minutes from Central Station and major transport links, ensures long-term demand and strong tenant retention.
With the building offering future redevelopment potential and the security of a new long-term lease, this asset represents a rare opportunity to acquire a high-performing investment in one of Sydney’s most sought-after city fringe precincts.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 201 | 2,152 SF | Office | Upon Request | - |
Unit 201
| Unit Size |
| 2,152 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
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Unit 201
| Unit Size | 2,152 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| No. Parking Spaces | 2 |
| Description | |
| Level 2, Suite 201 at 88 Foveaux Street offers a premium strata office opportunity in one of Sydney’s most dynamic city fringe locations. Spanning approximately 200 sqm, this corner suite benefits from excellent natural light and a functional layout, making it ideal for a range of professional uses. The property includes two secure car spaces on separate titles, adding significant value and convenience.<br> <br> The building underwent a major refurbishment in 2004 and has recently been upgraded with two brand-new high-speed lifts, ensuring modern accessibility and efficiency. Positioned just a 5-minute walk from Central Station, light rail, and the upcoming metro stations, the property provides outstanding connectivity to the Sydney CBD and beyond.<br> <br> This strata office is part of a well-maintained commercial building in the heart of Surry Hills, surrounded by a vibrant mix of cafes, restaurants, and creative businesses, making it an attractive investment in a tightly held market.</li></ul> | |
| Sale Notes | |
| Gunning Real Estate is pleased to present this exceptional commercial investment opportunity featuring a brand-new 5-year lease to a long-standing tenant who has occupied the premises for over 30 years. The property offers a strong average net return of approximately 5.4%, providing investors with secure and consistent income.<br> <br> Comprising two separate strata titles and two car spaces on separate titles, this 200 sqm corner office suite is positioned within a refurbished building that has recently received significant upgrades, including the installation of two new high-speed lifts. The property’s strategic location, just minutes from Central Station and major transport links, ensures long-term demand and strong tenant retention.<br> <br> With the building offering future redevelopment potential and the security of a new long-term lease, this asset represents a rare opportunity to acquire a high-performing investment in one of Sydney’s most sought-after city fringe precincts.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 21,786 SF | Floors | 8 |
| Property Type | Office (Condo) | Typical Floor Size | 2,723 SF |
| Building Class | B | Lot Size | 0.10 AC |
| Total Building Size | 21,786 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 8 |
| Typical Floor Size | 2,723 SF |
| Lot Size | 0.10 AC |
Amenities
- Fully Carpeted
- Natural Light
- Partitioned Offices
- Air Conditioning
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Contacts
-
Tushar Bakshi -
Daniel Gunning -
Gunning Real Estate
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Matterport 3D Exterior
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Map
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88 Foveaux St
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