409-411 Bourke Street, Surry Hills, NSW 2010

Retail | Hotel/Leisure | Development/Land

For Sale

Expressions Of Interest

  • Property ID: 449070
  • Floor Area: 395m²
  • Land Area: 335m²
  • Occupancy: Vacant
A Surry Hills Landmark that stands the test of time - The Pelican

Oxford Agency proudly presents “The Pelican,” a rare and captivating
opportunity to acquire 409-411 Bourke Street, Surry Hills.

Set in a prime location on the fringe of the city, this iconic Victorian
Georgian stone building offers a unique blend of historic charm and modern
convenience.

Nestled in a vibrant lifestyle precinct near Taylor Square, this 335sqm parcel of
land enjoys the cosmopolitan atmosphere of Surry Hills’, renowned for its treelined
streets, eclectic architecture, and bustling cultural scene.

With a mix of residential, commercial, and retail spaces, this opportunity offers
an exceptional fully renovated property and providing an immediate yield with
significant upside to redevelop existing spaces and add an additional 275sqm
of floorspace.

Key Features:
- 2 x whole floor 2 bedroom apartments
- 1 x established restaurant
- 1 x retail shop
- 1 x commercial office (DA approval to convert to residential studio)
- 2 x car spaces
- FSR 2:1, Height Limit 12m, Zoning - MU1: Mixed Use
- 395sqm approx building area
- 275sqm approx. of potential additional gross floor area to add through
redevelopment at the rear.
- Prime location in the heart of a sought-after lifestyle precinct
- Dual Street frontage to Little Bourke Street (DA approval for double roller
door)
- Ideal for investors or owner-occupiers seeking a diversified portfolio with
potential for future redevelopment/conversion into substantial home or other
residential & commercial usages.

Don’t miss this chance to secure a piece of Surry Hills’ history!

Surry Hills Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $272 ---
Retail $10863 $560 5.15%
Offices $10295 $637 6.19%
This is the average advertised price, rent and yield for Surry Hills, NSW 2010*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Floorplans

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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