49 Reservoir Street, Surry Hills, NSW 2010

Guide $2,500,000

House
Type
3
Bedrooms
1
Bathrooms

Last updated on Friday, August 28, 2026 ( See property details for 49 Reservoir Street, Surry Hills, NSW 2010)

Guide $2,500,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A stylish, versatile three-level terrace in Surry Hills offering contemporary design, flexible living options, and excellent connectivity to the CBD and local amenities.

🏡 Property Highlights

  • Contemporary three-level terrace with warehouse-inspired design
  • Valuable mixed use B4 zoning offering residential and commercial flexibility
  • Extensive natural light through large glazing and high ceilings
  • Polished timber floors and premium finishes throughout
  • Flexible layout with options for 2 or 3 bedrooms plus study
  • Deep courtyard with high walls providing privacy and outdoor seating

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Air Conditioning
  • Floorboards
  • Security Screens / Gates
  • Water tank
  • Ensuite
  • Pet-Friendly
  • Fully fenced
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49 Reservoir Street
Surry Hills, NSW 2010
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Vertical aerial view — 49 Reservoir Street
49 Reservoir Street — Vertical Aerial  •  Surry Hills, NSW 2010  •  Nearmap © 2026

Surry Hills is a vibrant inner-city suburb renowned for its eclectic cafes, trendy dining scene, and proximity to Sydney’s CBD. It offers excellent public transport options, including Light Rail and Metro stations, making it ideal for professionals seeking a dynamic lifestyle. The area combines historic charm with modern amenities, providing a highly sought-after address for residents and investors alike.

What are the main features of this terrace?
This contemporary three-level terrace features a flexible layout, polished timber floors, high ceilings, a stone kitchen with premium finishes, extensive glazing for natural light, and a deep courtyard with outdoor seating.
Is the property suitable for mixed-use purposes?
Yes, with B4 zoning, the property offers versatile options for residential and commercial applications, making it ideal for work/life balance or investment.
What are the connectivity options nearby?
The property is within walking distance to Central Station, Light Rail, and Metro, providing excellent access to Sydney’s CBD and surrounding areas.
Can the layout be adapted for different living arrangements?
Yes, the flexible layout allows for 2 bedrooms plus a study or 3 bedrooms, with approved plans to convert the lounge into a 4th bedroom.
What outdoor spaces does the property include?
It features a deep courtyard with high walls for privacy and an outdoor space with integrated seating, perfect for entertaining.
Are there any restrictions or conditions associated with the B4 zoning that could affect future development or usage? Have all necessary approvals been obtained for the planned conversion of the lounge to a fourth bedroom? Are there any ongoing or upcoming planning or development proposals in the vicinity that could impact the property? What are the strata or community management arrangements, if applicable? Are there any known issues with the property's structure, including the courtyard walls or roofing? Is there any history of flooding or bushfire risk in this area? What are the total ongoing costs, including council rates, utilities, and any applicable levies? Are there any easements, covenants, or restrictions affecting the property? Is the property compliant with all current building codes and regulations? Are there any planned infrastructure projects or upgrades in the area that could affect the property’s value or accessibility?

49 Reservoir Street, Surry Hills, NSW 2010 - More Details

Guide $2,500,000

Auction Location: On site

Reimagined with a warehouse-inspired aesthetic, this contemporary three-level terrace delivers exceptional scale, flexibility and natural light in one of Surry Hills' most tightly held residential pockets. Defined by generous open spaces, refined finishes and a seamless connection to the outdoors, it offers a sophisticated inner-city lifestyle just moments from the area's renowned cafés, dining and the CBD. With mixed use versatility in B4 zoning, it has wide appeal for residential and commercial applications, or options for work/life balance.

Highlights
* Contemporary three-level terrace
* Valuable mixed use appeal, B4 zoning
* Commercial flexibility, work/life balance
* Warehouse-inspired detail throughout
* Extensive glazing, impressive natural light
* Polished timber floors and high ceilings
* Stone kitchen, premium finishes, air-con
* Flexible layout offering future versatility
* 2 beds + study or 3 adaptable as 3 beds
* Approved plans to convert lounge to 4th bed
* Full bath with tub + separate powder room
* Deep courtyard with high walled privacy
* Outdoor space with integrated seating
* Ultra-connected lower Surry Hills position
* Walk to Central, CBD, Light Rail & Metro
* Footsteps to dining and café drawcards
* Free Building & Pest Report at bw.com.au
Type
House
Bedrooms
3
Bathrooms
1
House Size
156 m²

Inspections times

  • Inspection Sat 29 Aug 11:00 am

    Saturday 29 August
    11:00 am - 11:15 am

Auctions

  • 49 Reservoir Street, Surry Hills, NSW 2010

    Saturday 29 August
    11:15 am
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