Auction details
- Auction24February
Auction location: AuctionWorks - 50 Margaret Street, Sydney
Contact the agent if you'd like further information.
Enquire with AgentOffices for Sale in Surry Hills
RE-PRICING STRATEGY: High-Yielding Investment with Global Blue-Chip Tenant
- Building: 278m²
Next Steps:
Enquire with agentRepositioned for immediate sale, Ray White Commercial (SC) is pleased to present for Auction, Lot 8, 63 Foveaux Street. The asset represents an outstanding yield opportunity in one of Sydney's most coveted precincts. With clear instructions to transact, this property offers superior returns backed by a global covenant - ideal for investors seeking security, fixed 4% growth, and a motivated vendor meeting the market.
This asset features a secure, long-term lease to Sub-Zero Group Australia, the world-renowned luxury appliance brand, providing an exceptional passive income stream until June 2031 with a further five-year option. The property has been meticulously transformed with an incredible fit-out into a state-of-the-art creative showroom, setting a new benchmark for quality in the city fringe.
Situated in the heart of Surry Hills' vibrant creative and hospitality precinct, the property is strategically positioned approximately 400m from Central Station and the multi-billion dollar Tech Central Precinct. This coveted city-fringe location guarantees exceptional connectivity and is set to benefit enormously from significant local infrastructure investment, underpinning future growth.
Additional highlights of the asset include:
- Defensive Income Stream: Securely leased to global luxury icon Sub-Zero Group Australia until June 2031, with a further 5-year option to 2036.
- Guaranteed Growth: Fixed 4% annual rent increases
- High-Spec Asset: Commanding 278sqm* ground floor showroom with a spectacular $1M+ tenant fit-out, ensuring strong tenant retention.
- Total Gross Rental Income of $270,145.20 per annum + GST
- Includes one secure car space and rear goods lift access and loading dock
- Strategic Location: Situated in the heart of Surry Hills, just 400m* from Central Station and the multi-billion dollar Tech Central development.
This is a high-exposure, income-producing asset that is offered well below replacement cost. The tenant has made a significant capital commitment to the location, providing a "set and forget" passive income stream.
The vendors are committed to finalising a sale, creating a unique window for investors to acquire a trophy asset at a price point that delivers genuine value.
Lot 8 63 Foveaux Street, Surry Hills is offered for sale via Public Auction on Tuesday, 24 February 2026 at 10:30 am. The Auction will be held at AuctionWorks - 50 Margaret Street, Sydney.
For further information, please contact the exclusive selling agents below.
* Approximately
278m²
Tenanted
Offices, Showrooms/Bulky Goods, Retail
Next Steps:
Enquire with agentAgents
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