BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Exceptional Freehold Opportunity in the Heart of Surry Hills\n Mercer Property is delighted to present 501 Elizabeth Street\, Surry Hill s to the market for sale by public auction - this outstanding opportunity for owner-occupiers\, investors and developers to secure a highly versat ile asset in one of Sydney's most vibrant and evolving inner-city precinc ts. \n\nSituated in a premium position\, this meticulously presented free hold property combines existing hospitality infrastructure with significa nt value-add potential. Just a short stroll from Central Station\, the Li ght Rail\, and the Metro\, the property enjoys exceptional connectivity t o the CBD and surrounding areas.\n\nCurrently operating under approved us age for a small bar/restaurant\, the premises spans approximately 190sqm across two levels and sits on a 114sqm landholding. The adaptable layout\ , turn-key fit-out\, and strong underlying development potential (STCA) m ake this a compelling proposition for a wide range of end users.\n\nKey F eatures & Highlights:\n\n- MU1 Mixed-Use Zoning\n- FSR: 3.5:1\n- Land Are a: 114sqm | Internal Area: Approx. 190sqm\n- Existing liquor licence\n- F ully operational commercial kitchen\, exhaust ducting & grease trap\n- Tw o fully fitted bars and service areas\n- Bathroom amenities on both level s\n- Corner position with excellent street exposure\n- Potential for rede velopment or repositioning (STCA)\n\nPublic Auction - Tuesday 5th May 202 6\nVenue: AuctionWORKS\, Mezzanine Level\, 50 Margaret Street\, Sydney.\n Time: Auctions commencing at 10:30am\, order of sale provided closer to a uction date\n\n\nFor a copy of the Information Memorandum and Contract of Sale\, please contact our exclusive agents. DTEND:20260505T113000 DTSTAMP:20260424T151222Z DTSTART:20260505T103000 LOCATION:501 Elizabeth Street\, Surry Hills NSW SEQUENCE:0 SUMMARY:Auction: 501 Elizabeth Street\, Surry Hills NSW UID:CRE-2020099014-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Exceptional Freehold Opportunity in the Heart of Surry Hills
Mercer Property is delighted to present 5 01 Elizabeth Street\, Surry Hills to the market for sale by public auctio n - this outstanding opportunity for owner-occupiers\, investors and deve lopers to secure a highly versatile asset in one of Sydney's most vibrant and evolving inner-city precincts.

Situated in a premium p osition\, this meticulously presented freehold property combines existing hospitality infrastructure with significant value-add potential. Just a short stroll from Central Station\, the Light Rail\, and the Metro\, the property enjoys exceptional connectivity to the CBD and surrounding areas .

Currently operating under approved usage for a small bar/r estaurant\, the premises spans approximately 190sqm across two levels and sits on a 114sqm landholding. The adaptable layout\, turn-key fit-out\, and strong underlying development potential (STCA) make this a compelling proposition for a wide range of end users.

Key Features & H ighlights:

- MU1 Mixed-Use Zoning
- FSR: 3.5:1
- Land Area: 114sqm | Internal Area: Approx. 190sqm
- Existing liquo r licence
- Fully operational commercial kitchen\, exhaust ducting & grease trap
- Two fully fitted bars and service areas
- Bat hroom amenities on both levels
- Corner position with excellent str eet exposure
- Potential for redevelopment or repositioning (STCA)

Public Auction - Tuesday 5th May 2026
Venue: AuctionWO RKS\, Mezzanine Level\, 50 Margaret Street\, Sydney.
Time: Auctions commencing at 10:30am\, order of sale provided closer to auction date

For a copy of the Information Memorandum and Contract o f Sale\, please contact our exclusive agents.

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