49 Reservoir Street, Surry Hills NSW 2010

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49 Reservoir Street, Surry Hills NSW 2010

Guide $2,200,000

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$2.2M - $2.31M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 109 m² 141 m²

Listed: 5th Aug 2026

Updated: yesterday

Overview

This contemporary three-level terrace in Surry Hills stands out with a distinctive warehouse-inspired design, offering a rare combination of generous scale, abundant natural light, and versatile living spaces. Perfectly located within one of Sydney's most coveted inner-city precincts, the property caters to those who value a balance between modern city living and adaptable functionality.

The interiors showcase polished timber floors and high ceilings that enhance the sense of openness, while extensive glazing invites impressive sunlight throughout. The stone kitchen and premium finishes underline a commitment to quality and style, complemented by air conditioning for year-round comfort.

The property layout is intelligently designed for flexibility, accommodating two bedrooms plus a study that can easily be adapted into three bedrooms. Further flexibility is provided by approved plans to convert the lounge area into a fourth bedroom, appealing to growing families or professionals needing extra workspace. A full bathroom featuring a bathtub and a separate powder room cater thoughtfully to resident and guest needs.

Outdoor living is well considered with a deep, high-walled courtyard providing privacy and integrated seating, ideal for relaxing or entertaining. The combination of mixed-use B4 zoning lends valuable commercial potential, offering scope for work-from-home arrangements or other business uses, broadening appeal beyond traditional residential buyers.

Generous internal space of approximately 141 sqm placed on a 109 sqm land parcel
Mixed use B4 zoning enhances versatility for residential or commercial applications
Warehouse-inspired architectural details blend aesthetic appeal with practical functionality
Outstanding connectivity to Sydney CBD, Central station, Light Rail and Metro public transport options
Close proximity to notable dining and café precincts enriches lifestyle possibilities

This property suits buyers seeking a sophisticated urban lifestyle with the potential for personalization and commercial usage, ideal for professionals, small families, or investors keen on inner-city Sydney.

Local Market Insights

In Surry Hills, Quiet Listings observed 6 new houses entering the market over the last 30 days, down from 11 during the previous 30-day period, with an average advertised asking price of $1,873,333. The property type mix of listed properties is predominantly Apartments at 68%, followed by commercial properties (16%), and houses (11%). The most active agency for houses in the Surry Hills area is currently Ray White, representing 33% of new listings, followed by Century21 with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History

Guide $2,200,000 9 days ago
For Sale $2,500,000 9 days ago
For Sale $2,825,000 1 month ago
Guide $2,500,000 5th Aug 2026

Open for Inspections

Upcoming inspection times scheduled in the next 14 days.

Saturday, 24 October 2026

11:30 AM - 12:00 PM AEDT

This property has had 9 previous open for inspections. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.