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Highlights

  • Lower ground level offering expansive dining areas, bar infrastructure, and versatile event/function potential.
  • Excellent connectivity to Martin Place, Wynyard, Circular Quay, and the city’s light rail network.
  • Positioned in Sydney’s CBD financial core, surrounded by office towers and premier commercial tenants.

All Available Spaces(2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Lower Level
  • 3,122 SF
  • Negotiable
  • $65.46 /SF/YR $5.45 /SF/MO $204,328 /YR $17,027 /MO
  • Retail
  • Full Build-Out
  • Now

The lower ground floor at 12 O’Connell Street offers a substantial and adaptable hospitality space perfectly positioned in the heart of Sydney’s CBD financial precinct. Comprising approximately 290 sqm plus an additional 61 sqm of exclusive use strata area, this tenancy provides a unique opportunity for high-volume operators seeking scale, functionality, and immediate accessibility from O’Connell Street. Purpose-built for food and beverage service, the space includes a generous dining area capable of accommodating large patron numbers, combined with integrated bar facilities and well-appointed amenities. Extensive back-of-house infrastructure—including preparation zones, storage, and commercial-grade kitchen capabilities—creates an efficient workflow to support daily service as well as private dining, catering, or event-based operations. Strategically located among Sydney’s premier commercial towers and top-tier corporate occupiers, this property ensures a strong weekday clientele with exceptional spending power. The surrounding precinct delivers unparalleled convenience, with Martin Place, Wynyard, Circular Quay, and George Street Light Rail within close proximity, together with easy access to Sydney’s vibrant hospitality and retail hubs. Offering premium scale and a fully operational setup, the lower ground at 12 O’Connell Street is a rare chance to secure a landmark hospitality location ready for immediate activation.

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Ground
  • 1,744 SF
  • Negotiable
  • $78.55 /SF/YR $6.55 /SF/MO $136,970 /YR $11,414 /MO
  • Retail
  • Full Build-Out
  • 30 Days

The ground floor at 12 O’Connell Street offers an outstanding opportunity to secure a prime hospitality space in the heart of Sydney’s CBD financial precinct. Spanning approximately 162 sqm, this tenancy delivers exceptional street-level exposure with direct frontage and access from O’Connell Street, ensuring high visibility and constant engagement with passing foot traffic. The existing layout includes a fully operational commercial kitchen, service counters, and a well-configured dining area designed to attract and accommodate the city’s professional clientele. This turnkey setup enables immediate trading with minimal upfront investment, making it a compelling option for experienced operators. Surrounded by leading corporate offices, financial institutions, and premium legal firms, the property benefits from a strong weekday customer base and vibrant business community. Convenient access to major transport nodes such as Wynyard, Martin Place, Circular Quay, and George Street Light Rail ensures seamless connectivity for both staff and patrons. Positioned within one of Sydney’s most desirable commercial corridors, this ground floor space offers an unrivaled platform for hospitality brands seeking a high-impact presence in a tightly held market.

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
Space Size Term Rental Rate Space Use Build-Out Available
Lower Level 3,122 SF Negotiable $65.46 /SF/YR $5.45 /SF/MO $204,328 /YR $17,027 /MO Retail Full Build-Out Now
Ground 1,744 SF Negotiable $78.55 /SF/YR $6.55 /SF/MO $136,970 /YR $11,414 /MO Retail Full Build-Out 30 Days

Lower Level

Size
3,122 SF
Term
Negotiable
Rental Rate
$65.46 /SF/YR $5.45 /SF/MO $204,328 /YR $17,027 /MO
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

Ground

Size
1,744 SF
Term
Negotiable
Rental Rate
$78.55 /SF/YR $6.55 /SF/MO $136,970 /YR $11,414 /MO
Space Use
Retail
Build-Out
Full Build-Out
Available
30 Days

Lower Level

Size 3,122 SF
Term Negotiable
Rental Rate $65.46 /SF/YR
Space Use Retail
Build-Out Full Build-Out
Available Now

The lower ground floor at 12 O’Connell Street offers a substantial and adaptable hospitality space perfectly positioned in the heart of Sydney’s CBD financial precinct. Comprising approximately 290 sqm plus an additional 61 sqm of exclusive use strata area, this tenancy provides a unique opportunity for high-volume operators seeking scale, functionality, and immediate accessibility from O’Connell Street. Purpose-built for food and beverage service, the space includes a generous dining area capable of accommodating large patron numbers, combined with integrated bar facilities and well-appointed amenities. Extensive back-of-house infrastructure—including preparation zones, storage, and commercial-grade kitchen capabilities—creates an efficient workflow to support daily service as well as private dining, catering, or event-based operations. Strategically located among Sydney’s premier commercial towers and top-tier corporate occupiers, this property ensures a strong weekday clientele with exceptional spending power. The surrounding precinct delivers unparalleled convenience, with Martin Place, Wynyard, Circular Quay, and George Street Light Rail within close proximity, together with easy access to Sydney’s vibrant hospitality and retail hubs. Offering premium scale and a fully operational setup, the lower ground at 12 O’Connell Street is a rare chance to secure a landmark hospitality location ready for immediate activation.

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space

Ground

Size 1,744 SF
Term Negotiable
Rental Rate $78.55 /SF/YR
Space Use Retail
Build-Out Full Build-Out
Available 30 Days

The ground floor at 12 O’Connell Street offers an outstanding opportunity to secure a prime hospitality space in the heart of Sydney’s CBD financial precinct. Spanning approximately 162 sqm, this tenancy delivers exceptional street-level exposure with direct frontage and access from O’Connell Street, ensuring high visibility and constant engagement with passing foot traffic. The existing layout includes a fully operational commercial kitchen, service counters, and a well-configured dining area designed to attract and accommodate the city’s professional clientele. This turnkey setup enables immediate trading with minimal upfront investment, making it a compelling option for experienced operators. Surrounded by leading corporate offices, financial institutions, and premium legal firms, the property benefits from a strong weekday customer base and vibrant business community. Convenient access to major transport nodes such as Wynyard, Martin Place, Circular Quay, and George Street Light Rail ensures seamless connectivity for both staff and patrons. Positioned within one of Sydney’s most desirable commercial corridors, this ground floor space offers an unrivaled platform for hospitality brands seeking a high-impact presence in a tightly held market.

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space

Property Facts

Building Type
Office
Year Built
1935
Building Height
9 Stories
Building Size
44,293 SF
Building Class
B
Typical Floor Size
4,575 SF

Property Overview

12 O’Connell Street is located in the city’s financial precinct, close to premium office towers, legal chambers, and corporate headquarters. The immediate area is well serviced by public transport, with Martin Place Station, Wynyard Station, Circular Quay, and George Street Light Rail all within walking distance. Amenities such as surrounding cafés, restaurants, and professional services reinforce the location’s strong weekday trade potential.

  • Bus Line
  • Controlled Access
  • Security System
  • Wheelchair Accessible
  • Kitchen
  • Accent Lighting
  • Storage Space
  • Bicycle Storage
  • Central Heating
  • Fully Carpeted
  • High Ceilings
  • Direct Elevator Exposure
  • Natural Light
  • Open-Plan
  • Partitioned Offices
  • Recessed Lighting
  • Secure Storage
  • Wi-Fi
  • Air Conditioning
  • Smoke Detector

Nearby Major Retailers

DW Fitness First
Barry's
Gloria Jean's
Woolworths
Northern Trust
Five Guys
Nando's
Starbucks
Virgin Active
World Gym
  • Listing ID: 40858050

  • Date on Market: 6/1/2026

  • Last Updated:

  • Address: 12-14 O'connell St, Sydney, NSW 2000

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