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51-55 Reservoir Street, Surry Hills, NSW 2010, 3 Bedrooms, 1 Bathrooms, House

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51-55 Reservoir Street, Surry Hills, NSW 2010

3
1
271m2
HouseListed on Tue Oct 1
Estimated priceSydney CBDNearby train station

Surry Hills 3 Bedroom Sensational Raw Site of Pure Character in Supreme Location

Reap the rewards of a creative conversion of this remarkable 271.9 sqm corner site, establishing a signature address in Surry Hills on the doorstep of the city. Boasting the potential for laneway access to parking, the ability to convert this site into a residential building will surely draw plenty of attention.

Seasoned city developers will know the value of a residential address this close to the heart of the city, surrounded by cool cafes and only 450 metres from Central Station. The FSR of 3:1 unlocks over 600 sqm of floorspace that can be utilised for a designer apartment building or a visionary city home.

Behind the modest facade, the interiors of this amazing site present open space that expands across the three titles. Ceiling heights soar beyond 15m, presenting an interior designer with loft space to shape into a striking visual feature.

The fabric of the building itself has great character with a mix of exposed brickwork and steel beams providing raw period and industrial textures. This level of authenticity is unparalleled and will add personality to a residential project.

This location can also wok for a variety of commercial alternatives. A mixed used development will showcase a vibrant street frontage with space for a hospitality venture, or a funky design, advertising or consulting firm.

This is an exciting location by day and night, with shops, boutique stores and entertainment venues close by. City transport networks are easy to access by foot, and there several, bars and restaurants in the surrounding streets.

- Residential or Mixed Use Site

- Potential parking access from Beauchamp Lane

- Inherent character of raw steel & brick textures

- Build up 2-3 levels to maximise the floor space

- Supreme location for boutique apartments

- Bring your architect to design a lavish home

- Walk to pocket parks, cafes & supermarkets

- Only 450m from Central train & light rail services

- Near popular restaurants incl. Chin Chin & Nomad

- Easy stroll to nightlife, Taylor Square & CBD bars

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$3,360,000
Land272m²
Planning ZoneMixed Use
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Floor Space Ratio3
Height of Building15 m
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Crown Street Public School
0.45 km
Primary
K-6
Government
icsea: 1112
Inner Sydney High School
0.96 km
Secondary
7-12
Government
icsea: 1113
Sydney Secondary College Blackwattle Bay Campus
2.15 km
Secondary
11-12
Government
icsea: 1094

Property history

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Surry Hills surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
12 Batman Lane, Surry Hills
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1
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Year 2024 Month 11 Day 26
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1
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Year 2024 Month 11 Day 07
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16/144-154 Commonwealth Street, Surry Hills
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2
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Year 2024 Month 09 Day 24
$1,675,000
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912/242 Elizabeth Street, Surry Hills
0.13 km
1
1
58m2
Year 2024 Month 09 Day 04
$715,000
Council approved
25/144-154 Commonwealth Street, Surry Hills
0.06 km
3
2
-m2
Year 2024 Month 08 Day 07
-
Council approved

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Ref:L30510396Last update:2024-12-19 04:12:29