491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. - Hero Image
491-493
Elizabeth Street
Sydney | New South Wales

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Jaime Upton
Jaime Upton
Presented At
$13,000,000
Bedrooms
24
Bathrooms
9
Office
Elevator
Bar
Sauna
Gas Stovetop
Terrace
Garage
Pergola
Parking
Balcony
City View
Investment Property
491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. - Photo 1
491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. - Photo 2
491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. - Photo 3
491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. - Photo 4
491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. - Photo 5
491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. - Photo 6
491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. - Photo 7
491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. - Photo 8
491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. - Photo 9
491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. - Photo 10
491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. - Photo 11
491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. - Photo 12
491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. - Photo 13
491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. - Photo 14
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491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia. , Sydney , New South Wales

‘Briad House’ 491 493 Elizabeth Street, Surry Hills

Showcasing an established Elizabeth Street address just 500m from Central station exceptionally maintained and ready to occupy now, this 1,195.50sqm approximately five-storey mixed use building is selling for the first time ever and offers an extraordinary opportunity for those keen to invest in a rapid growth corridor home to Sydney’s next hi-tech and innovation precinct. ‘ Showcasing an established Elizabeth Street address just 500m from Central station exceptionally maintained and ready to occupy now, this 1,195.50sqm approximately five-storey mixed use building is selling for the first time ever and offers an extraordinary opportunity for those keen to invest in a rapid growth corridor home to Sydney’s next hi-tech and innovation precinct. ‘Tech Central’ will be the largest tech and innovation hub in Australia and provide 250,000sqm of space for technology companies and startups. The NSW Government has invested $48.2 million to kick start development, with tech giant Atlassian confirmed as its anchor tenant. The solid brick and concrete building resides on an undercapitalised footprint with potential to maximise the airspace in line with neighbouring development [STCA], while B4 zoning allows for increased building heights of up to 22m along with improved public space in the surrounding area as part of the planned 24Ha Atlassian technology hub. The development is anticipated to extend from Central station to Cleveland Street at Redfern resulting in an influx of offices, boutique shops, restaurants and cafes. ‘Briad House’ will almost certainly benefit from a prime position and potentially provide its investor owner with a valuable asset and capital gains over the long term. Comprising a mezzanine office and commercial showroom, three levels of prime office space and a whole-floor private penthouse, ‘Briad House’ is set back behind a gated courtyard and features double entry doors to a New York-style granite lobby with secure lift access to every floor, as well as commercial-grade tinted windows, zoned ducted air-conditioning and high level internal acoustic qualities. The commercial office floors were upgraded with expectational fit-outs and include a variety of floorplans with lock-up executive suites, partitioned office space, meeting and board rooms, staff facilities, storage and communal areas. The ground floor showroom has a visible street frontage with direct access from the courtyard and mezzanine office level. The three office floors above would suit a variety of tenants such as legal houses, accounting firms, government agencies, consultancies, media, finance or creative enterprises. Crowning the building is an original three-bedroom floor plated penthouse converted into a bespoke one-bedroom residence for the owner of the building to live in or enjoy as a Sydney corporate entertaining base. The penthouse could revert to its original three-bedroom configuration or potentially provide additional office space and includes a wraparound terrace with a northeast to west aspect and closeup city views. ‘Briad House’ Penthouse showcases generous living space, a large kitchen and two bathrooms
  • including an ensuite to the oversized bedroom and a spa bath in the master, plus generous storage.
Framed by wide windows and a wraparound terrace featuring a sundrenched northeast to west aspect and close city views, including Centrepoint Tower. The penthouse is interior decorator appointed and created for the ultimate entertainers

Gallery

3D Street View Tour

Map showing 491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia.

Property Location

491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia., Sydney New South Wales

Local Weather & Climate

Sydney, New South Wales

Current Conditions Updated recently
73 °F
Few clouds
Feels Like 73°F
Humidity 64%
Wind 15 mph
Visibility 6.2 mi
Sunrise 7:51 PM
Sunset 8:18 AM
5-Day Forecast
Thu 12 Mar
Rain
High 72°
Low 65°
Fri 13 Mar
Clouds
High 69°
Low 66°
Sat 14 Mar
Clear
High 72°
Low 62°
Sun 15 Mar
Clear
High 76°
Low 65°
Mon 16 Mar
Clouds
High 76°
Low 71°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Sydney?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

A$
%
A$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Sydney. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $13,000,000 20% down ($2,600,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$1,117
$1,117/day
Your home may appreciate while you sleep
$7,841/week $33,978/mo $407,737/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$7.2M
vs
OWN 📈 +$10.1M
$10.1M Potential Equity
vs $7.2M lost to rent over 10 years
$2.6M Down Payment Growth
3.9x
10yr
$10.1M
8.1x
20yr
$21.0M
12.6x
30yr
$32.8M
Wealth Comparison
×78
Equivalent to 78 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $32.8M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $15.3M +18%
Market $17.7M +36%
Optimistic $20.4M +57%
$10.1M est. equity
20 Years
Conservative $18.0M +39%
Market $24.1M +85%
Optimistic $32.1M +147%
$21.0M est. equity
30 Years
Conservative $21.2M +63%
Market $32.8M +153%
Optimistic $50.5M +288%
$32.8M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at 491-493 Elizabeth Street, Surry Hills, Sydney, NSW 2010, Sydney, New South Wales, Australia features 24 bedrooms.
This property is listed at $1,300,000,000.
Based on current market indicators, Sydney shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Sydney, New South Wales. The property is situated in an established neighborhood with convenient access to local amenities and services.
Jaime Upton

Jaime Upton

Sydney Sotheby's International Realty

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