DA Approved Mixed-Use Freehold in Prime Location

A rare opportunity to secure a premium freehold building in the heart of Surry Hills' most tightly held retail and hospitality precinct. Positioned amongst some of Sydney's most recognised food, beverage and lifestyle operators, 429 Crown Street is offered with vacant possession and an existing Development Approval, providing purchasers with immediate flexibility to occupy, reposition, lease or redevelop (STCA). With great street exposure, MU1 Mixed Use zoning and a highly desirable Crown Street address, the property presents significant upside for owner-occupiers, investors and developers seeking a foothold in one of Sydney's strongest city fringe markets. Existing Development Approval in place (expires 2030) providing a clear pathway for future development.

• Vacant possession
• Land area: 126.6sqm*
• Internal building area: 141.9sqm*
• MU1 Mixed Use zoning
• Floor Space Ratio (FSR): 2:1
• Potential gross floor area of approximately 253.2sqm (STCA)
• Height limit: 12m (STCA)
• East and west aspects
• Development Approval in place (expires 2030)
• Flexible future use options including retail, hospitality, commercial, residential components or mixed-use redevelopment (STCA)
• Situated within one of Sydney's highest-performing lifestyle and hospitality precincts

Explore the area

School catchments

Sydney Distance Education Primary School Primary K-6 Government 0.08km
Bourke Street Public School Primary K-6 Government 0.48km
Crown Street Public School Primary K-6 Government 0.51km
Inner Sydney High School Secondary 7-12 Government 0.76km
Sydney Boys High School Secondary 7-12 Government 0.81km
Sydney Girls High School Secondary 7-12 Government 1.1km
Darlinghurst Public School Primary K-6 Government 1.3km
SCEGGS Darlinghurst Combined K-12 Independent 1.3km
Sydney Grammar School Secondary K-12 Independent 1.3km
Australian International High School Secondary Independent 1.4km
William Street Campus Secondary Catholic 1.4km
Paddington Public School Primary K-6 Government 1.6km
Westbourne College Sydney Secondary 10-12 Independent 1.6km
Our Lady of Mount Carmel Catholic Primary School Primary K-6 Catholic 1.6km
St Andrew's Cathedral School Combined K-12 Independent 1.6km
St Andrew's Cathedral Gawura School Primary K-6 Independent 1.6km
Glenmore Road Public School Primary K-6 Government 1.7km
St Francis of Assisi Regional Catholic Primary School Primary K-6 Catholic 1.7km
Sydney Grammar School - Edgecliff Preparatory School Primary Independent 1.7km
St Andrew's Cathedral School - Bishop Barry Senior College Secondary Independent 1.7km
St Mary's Cathedral College Combined K-12 Catholic 1.7km
International Grammar School Combined K-12 Independent 1.8km
Australian Performing Arts Grammar School Secondary 7-12 Independent 1.9km
Plunkett Street Public School Primary P-6 Government 1.9km
Sydney Distance Education High School Secondary 7-12 Government 1.9km
Macquarie Grammar School Secondary 7-12 Independent 1.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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