32/397-405 Bourke Street, Surry Hills, NSW 2010

Price Guide $300,000

Studio
Type
1
Bathrooms

Published on Thursday, September 24, 2026 ( See property details for 32/397-405 Bourke Street, Surry Hills, NSW 2010)

Price Guide $300,000

Matt Marano Residential Sales Consultant
Evan Filo Residential Sales Associate
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-presented studio apartment in the heart of Surry Hills offering excellent investment potential with flexible leasing options and prime city access.

🏡 Property Highlights

  • Strong investment opportunity with attractive rental returns
  • Short-term letting permitted for added flexibility
  • Reasonable strata levies enhancing investment appeal
  • Securely positioned within ‘The Lawson’ building
  • Prime location near Oxford Street and Taylor Square
  • Leased at $420 per week until 18/08/2027

✨ Key Features

  • Security Screens / Gates
  • Intercom
  • Built in robes
  • Open-Plan Living
  • Floorboards
  • NBN / High-Speed Ready
  • Shared laundry facilities
  • Secure Parking
  • Pet-Friendly
  • Balcony

Surry Hills is a vibrant inner-city suburb renowned for its eclectic cafes, trendy restaurants, boutique shopping, and lively nightlife. Its proximity to the CBD makes it ideal for professionals and investors alike. The area offers excellent transport links, walkability, and a dynamic cultural scene, making it one of Sydney’s most sought-after locations. Residents enjoy easy access to Hyde Park and major employment hubs, ensuring high demand for rental properties. The neighbourhood combines urban convenience with a relaxed, community-oriented atmosphere.

What are the rental income prospects for this property?
The property is currently leased at $420 per week until August 2027, offering a reliable income stream for investors.
Is short-term letting permitted in this building?
Yes, short-term letting is permitted, providing additional flexibility for rental income or personal use.
What amenities are available within the building?
The building features shared laundry facilities, secure intercom access, and a secure entry system for residents.
How close is the property to public transport and amenities?
The apartment is moments from Oxford Street, Taylor Square, and transport links, with Hyde Park and the CBD within walking distance.
What are the strata levies and ongoing costs?
The property has reasonable strata levies, which contribute to the maintenance and security of the building, enhancing its investment appeal.
Are there any upcoming strata fee increases or special levies planned for the building? Are there any restrictions or conditions on short-term letting in the building? Is there any history of building defects or repairs needed in ‘The Lawson’? Are there any zoning or planning restrictions affecting the property? What are the potential risks of flooding or bushfire in this area? Are there any ongoing or upcoming construction projects nearby that could impact the property? Is the property compliant with all building and safety regulations? Are there any easements or covenants affecting the property? What are the long-term capital growth prospects for Surry Hills? Are there any additional costs or fees not included in the strata levies?

32/397-405 Bourke Street, Surry Hills, NSW 2010 - More Details

Price Guide $300,000

Positioned in the heart of Surry Hills, this well-presented studio offers a compelling investment opportunity within the centrally located ‘The Lawson’ building. With attractive rental returns, reasonable strata levies and short-term letting permitted, the property provides excellent flexibility for investors.

Moments from Oxford Street and Taylor Square, the apartment enjoys effortless access to cafés, restaurants, shopping, transport and the CBD, making it an appealing option in one of Sydney’s most consistently sought-after inner-city locations.

Property Features:
• Strong investment opportunity with attractive rental returns
• Short-term letting permitted, offering investors additional rental flexibility
• Reasonable strata levies enhancing overall investment holding appeal
• Securely positioned within the well-located ‘The Lawson’ building
• Shared laundry facilities and secure building with intercom access
• Moments from Taylor Square, Oxford Street and transport links
• Hyde Park and Sydney CBD within easy walking distance
• Leased out for $420.00 per week until 18/08/2027
Type
Studio
Bathrooms
1

Inspections times

  • Inspection Sat 26 Sep 11:00 am

    Saturday 26 September
    11:00 am - 11:30 am
  • Inspection Wed 30 Sep 11:00 am

    Wednesday 30 September
    11:00 am - 11:30 am
  • Inspection Sat 3 Oct 12:00 pm

    Saturday 3 October
    12:00 pm - 12:30 pm
  • Inspection Wed 7 Oct 11:00 am

    Wednesday 7 October
    11:00 am - 11:30 am
  • Inspection Sat 10 Oct 11:00 am

    Saturday 10 October
    11:00 am - 11:30 am

Auctions

  • 32/397-405 Bourke Street, Surry Hills, NSW 2010

    Saturday 24 October
    11:30 am
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