667 South Dowling Street, Surry Hills, NSW 2010

Forthcoming Auction

House
Type
10
Bedrooms
6
Bathrooms
206 m²
Area

Last updated on Thursday, May 21, 2026 ( See property details for 667 South Dowling Street, Surry Hills, NSW 2010)

Forthcoming Auction

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

A fully compliant and high-performing Victorian boarding house in the heart of Surry Hills offering strong rental income and future growth potential.

🏡 Property Highlights

  • Fully licensed and compliant boarding house with fire certification and council approvals
  • High demand inner-city location in Surry Hills, close to transport, dining, and amenities
  • Established long-term tenancy profile with all rooms currently leased
  • Strong estimated gross annual return of approximately $210,080 with rental growth potential
  • Character-filled Victorian terrace with 10 furnished accommodation rooms
  • Significant scope to further enhance rental returns over time

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Ceiling Fans
  • Waterfront / Views
  • Home Office / Study
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667 South Dowling Street
Surry Hills, NSW 2010
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Vertical aerial view — 667 South Dowling Street
667 South Dowling Street — Vertical Aerial  •  Surry Hills, NSW 2010  •  Nearmap © 2026

Surry Hills is a vibrant and highly sought-after inner-city suburb renowned for its eclectic dining scene, trendy cafes, and excellent transport links. Its character-filled Victorian architecture and proximity to Sydney’s CBD make it ideal for tenants seeking a dynamic urban lifestyle. The area boasts strong rental demand, diverse amenities, and a thriving cultural scene, ensuring ongoing appeal for investors and residents alike. With its established infrastructure and high demand, Surry Hills offers a prime opportunity for property investment in a blue-chip location.

What are the ongoing maintenance and management requirements for this boarding house?
The property is well-maintained with established shared amenities, and management involves regular upkeep of communal areas, compliance with safety regulations, and tenant management, which can be handled by a professional property manager.
Are there any upcoming planning or development proposals in the area that could affect the property?
Potential buyers should consult local council planning departments for any proposed developments or zoning changes in Surry Hills that may impact the property’s value or usage.
What are the specific council and fire safety compliance requirements for this boarding house?
The property currently holds fire certification and council approvals, ensuring compliance with local regulations; ongoing compliance will require regular safety inspections and adherence to licensing conditions.
Is there scope to increase rental income further?
Yes, there is potential to enhance rental returns through property upgrades, increasing room rates, or expanding amenities, subject to council approvals and compliance.
What are the typical tenant profiles and lease terms for this property?
The property attracts long-term tenants, with active lease agreements in place, providing stable and consistent income for investors.
Are there any hidden costs or upcoming maintenance expenses not disclosed? Has the property been inspected recently for structural or pest issues? Are there any restrictions or easements affecting the property’s use or future development? What are the specific zoning regulations and compliance requirements for this boarding house? Is there any history of noise complaints or neighbour disputes in the area? Are there any planned infrastructure projects or developments nearby that could impact the property? What are the terms and conditions of the current lease agreements with tenants? Are there any strata or body corporate considerations, if applicable? What are the flood or bushfire risks associated with this location? Are there any additional costs related to council or water rates that should be considered?

667 South Dowling Street, Surry Hills, NSW 2010 - More Details

Forthcoming Auction

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.
Type
House
Bedrooms
10
Bathrooms
6
Area
206 m²
House Size
350 m²

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