164 Devonshire Street, Surry Hills, NSW 2010

A unique Surry Hills site DA approved for a 5-level commercial building on 256sqm of land, only a block from central station. The approved plans provide a basement level with 4 levels and roof top. A 6-metre wide 1856 terrace remains with retail shop on street level, while the GFA of the completed build is to be 600sqm.

Highlights

* Current 2-level terrace, 2 tenancies

* G-floor commercial + level 1 apartment

* Rear building: 4-car garage, studio above

* 2 tenancies with income of $74,000 pa

* Ground floor retail - $35,000 pa

* Level 1 ? 2 bedroom apt - $39,000 pa

* Zoning MU1 - Flexible uses

* Generous planning controls 2.5:1

* Reposition opportunity with DA approval

* Multi unit residential options