667 South Dowling Street

Off Market

667 South Dowling Street

Surry Hills NSW 2010

350 m²

206 m²

House

Michael Catalano, last sold this property on 05 November 2026 after -7 days on market.

Overview

MUST BE SOLD, REGISTERED BOARDING HOME IN PRIME LOCATION 10 ROOMS, IMMEDIATE CASH FLOW

Positioned within one of Surry Hills most tightly held and high demand precincts, this fully licensed and professionally operated boarding house presents an exceptional opportunity for investors seeking strong and immediate rental performance. Conveniently located only moments from the vibrant heart of Surry Hills, the property enjoys close proximity to transport connections, renowned dining destinations, cafes and everyday conveniences, making it highly attractive to long term tenants and city based residents alike. Offering secure and consistent income from day one, the property also presents excellent scope to further enhance rental returns over time. Set within a character filled Victorian terrace, each accommodation room is fitted with its own kitchenette, while residents also enjoy access to multiple shared amenities including six bathroom facilities, a generous communal laundry and a substantial rear sunlit courtyard area. This is a rare opportunity for astute investors or portfolio builders to secure a high-performing asset in a blue-chip inner city location. Property Features: = Approx. 206sqm parcel of land = Approx. 350sqm internal building area = 10 fully furnished boarding accommodation rooms = Well presented and compliant shared amenities including multiple bathrooms, a charming central courtyard and communal coin-operated laundry facilities with washer and dryer Investment Advantages: = Strong and consistent occupancy history with all rooms currently leased = Fully compliant boarding house with current fire certification and council approvals in place = Eligible land tax exemptions providing additional financial benefits = Established long-term tenancy profile with active lease agreements = Excellent future upside with the property currently achieving an estimated Gross Annual Return of approximately $210,080 with further rental growth potential available Financial Summary: = Council Rates: Approximately $3,342.00 per annum = Water Rates: Approximately $2,446.76 per annum = Land Tax: Approximately $8,073.30 = Estimated Gross Annual Rental Income (fully occupied): Approximately $210,080 per annum with scope for future increases DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure the accuracy of the details, True Property does not make any representations as to the accuracy of the information contained and does not accept responsibility or liability. We recommend all clients conduct their own investigations and enquiries.

Features

10 bedrooms

6 bathrooms

350 m² floor area

206 m² lot size

House

Estimated Value

We need at least 3 similar 10 bedroom houses sold in Surry Hills over the last 12 months.

Property history for 667 South Dowling Street

2026

Sold

Undisclosed

Private Sale/Treaty on 05 Nov 2026 by Michael Catalano, of True Property Sydney

2023

Sold

Undisclosed

Private Sale/Treaty on 19 Dec 2023 by Matt Marano, of Oxford Agency

Happy sellers in Surry Hills

80%

80% 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 45 reviews in Surry Hills over the last 12 months.

Local market activity for 10 bedroom houses in Surry Hills

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Surry Hills for a free market appraisal.

Ted Pye

at Belle Property Surry Hills

4.9

(231 reviews)

Get a free market appraisal

Blair Cardile

at Belle Property Surry Hills

(121 reviews)

Get a free market appraisal

Matt Marano

at Oxford Agency

4.9

(350 reviews)

Get a free market appraisal

James Perlowski

at Belle Property Surry Hills

(205 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Surry Hills

Ted Pye

Sellers who recommend Ted Pye have praised them for being clear communication, local expert, responsive, honest, reliable, well-prepared and easy to work with

4.9 (231 reviews)
12 Reviews in Surry Hills
21 Sales in Surry Hills

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Blair Cardile

Blair Cardile is a recommended agent for Surry Hills. They have 9 local sales and collected 11 local reviews across the last 12 months.

5 (121 reviews)
11 Reviews in Surry Hills
9 Sales in Surry Hills

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Matt Marano

Sellers who recommend Matt Marano have praised them for being clear communication, local expert, reliable, honest, responsive, dedicated and supportive

4.9 (350 reviews)
8 Reviews in Surry Hills
11 Sales in Surry Hills

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James Perlowski

Sellers who recommend James Perlowski have praised them for being clear communication, local expert, responsive, friendly, supportive, honest and reliable