Back 51 Reservoir Street
Off Market

51 Reservoir Street

Surry Hills NSW 2010

3
1
271.9 m²
House
Mark LoweMark Lowe, last sold this property on 30 May 2025 after 241 days on market.

Overview

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

Features

3 bedrooms
1 bathroom
271.9 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Surry Hills over the last 12 months, the estimated median property value of 51 Reservoir Street is $2.6m.

Median value
$2.6m
Estimated value range
$1.61m - $4.65m
Median days on market
24
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Surry Hills. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 51 Reservoir Street

2025
Sold
Undisclosed
Private Sale/Treaty on 30 May 2025 by Mark Lowe, of TRG The Rubinstein Group

Happy sellers in Surry Hills

83%
83% of sellers in Surry Hills reported that their sale price either exceeded or met their price expectations.

Surry Hills stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 65 reviews in Surry Hills over the last 12 months.

Local market activity for 3 bedroom houses in Surry Hills

In the last 12 months, 47 three-bedroom houses similar to 51 Reservoir Street, have been sold.

This represents a 15% decrease in three-bedroom houses sales when compared to the previous 12 months.

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