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208 Devonshire St 1,743 SF Retail Condo Unit Offered at $1,244,790 in Surry Hills, NSW 2010

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Investment Highlights

  • Heavy foot traffic
  • Near major public transport

Executive Summary

208 Devonshire Street offers a distinctive strata property in the heart of Surry Hills, combining a ground-floor commercial suite with an adjoining residential component within the same title structure. Located on Devonshire Street, this property enjoys a prime position in one of Sydney’s most dynamic inner-city precincts. Surry Hills is celebrated for its vibrant dining scene, creative businesses, and lifestyle amenities, attracting strong demand from both occupiers and investors. The property is just moments from Central Station and the Sydney Light Rail, ensuring excellent connectivity to the CBD and beyond. With its unique mixed-use character, strong tenant covenant, and strategic location in a high-demand market, 208 Devonshire Street represents an outstanding opportunity to secure a versatile asset in one of Sydney’s most desirable commercial and residential hubs.

Property Facts

Total Building Size 3,488 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Residential
Building Class C
Floors 2
Typical Floor Size 1,744 SF

1 Unit Available

Unit 1

Unit Size 1,743 SF
Price $1,244,790
Price Per SF $714.17
Condo Use Retail
Sale Type Investment
APN/Parcel ID CP/-/SP97526
Description

This property benefits from a 2017 Development Approval for an 82-seat restaurant, making it an ideal choice for hospitality operators. However, its flexible design and high-quality finishes also suit a wide range of uses, including hairdressing, beauty services, gallery, showroom, or office space, subject to council approval.

The premises is fully equipped with essential infrastructure such as a grease trap and mechanical riser, ensuring operational efficiency for food and beverage concepts. Rear access enhances functionality for deliveries and staff entry.

Sale Notes

Suite 1, 208 Devonshire Street offers a premium position within one of Sydney’s most vibrant inner-city precincts, renowned for its eclectic mix of dining, retail, and creative businesses. The property is currently leased until June 2027, providing immediate income security for investors and eliminating GST on the purchase price. This is a rare chance to secure a strata-titled asset in a tightly held market, offering both immediate rental income and long-term capital growth potential in one of Sydney’s most desirable commercial hubs.

Workstations
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Kitchenette
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Interior
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Nearby Major Retailers

Orangetheory Fitness
Starbucks
Barry's
World Gym
Crossfit
  • Listing ID: 39296234

  • Date on Market: 2/3/2026

  • Last Updated:

  • Address: 208 Devonshire St, Surry Hills, NSW 2010

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