Phillip Street Terraces, Heritage terrace houses in Sydney, Australia

Phillip Street Terraces are heritage-listed terrace houses at 39-47 Phillip Street in the Sydney central business district, now used as commercial buildings, offices and a restaurant. The row is owned by the trustees of the New South Wales Government-owned superannuation fund and was added to the New South Wales State Heritage Register on 2 April 1999.

These houses developed during Sydney's Victorian expansion, when the city was growing rapidly and wealthy families sought homes near the center. They were later recognized as important historical structures and protected in 1999 to preserve their architectural qualities for the future.

The terraces at 39-47 Phillip Street are now mixed commercial buildings, offices and a restaurant, owned by the trustees of a New South Wales Government-owned superannuation fund. Before letting, the Heritage Council Restoration Steering Committee proposed combined residential and commercial use, with tenants bearing restoration costs. A press advertisement drew 67 expressions of interest covering a wide variety of uses.

These buildings are located in the downtown area and easy to reach on foot when exploring the pedestrian zones nearby. Since they function partly as offices and shops, keep in mind that not all interior spaces are open to the public and the best view comes from outside to appreciate the architecture.

When the Heritage Council Restoration Steering Committee advertised for tenants willing to fund restoration in exchange for a lease, it drew exactly 67 expressions of interest, spanning a wide variety of uses. Squatters occupied the buildings at the time; legal action was taken to evict them, and a security fence went up at the rear. Access problems caused by the squatters even prevented a detailed estimate of minor repairs.