Within the local context of The Rocks, View Terrace is significant as a landmark façade that both maintains the aesthetic character of Gloucester Street as a Victorian/early Federation era streetscape through a combination of Italianate and post-modern architectural styles, forms and massing that responds to the whole site 'in the round' from Cambridge and Argyle Streets as well as Gloucester Street.
These landmark values are associated with the pre-eminent late-twentieth century architect Phillip Cox AO (in whose portfolio this is a minor but sensitive work) and several generations of nineteenth century speculative builders.