This asset is strategically located in the centre of the Sydney CBD, linking the traditional core with the western corridor.

Major public transport nodes at Wynyard, Town Hall and Martin Place are located nearby with extensive retail and entertainment amenities at Pitt Street Mall and King Street Wharf. This new A-grade development will comprise an 18 storey, 22,000sqm building scheduled for completion in late 2018, featuring flexible 1,200sqm floor plates.

Highlights

  • 22,000 SQM
    Total Lettable area
  • $93.8 million
    Book
    Value
  • E
    E
    Stars
    Energy | water Nabers Rating

E: Excludes assets not owned/managed for the duration of the reporting period including buildings under construction.

Key Features

Building grade A Grade
Ownership 100%
Acquired/built/refurbished 2002/1983/2000
Car spaces 119
Lettable area 22,000sqm
Average floor plate 1,200sqm
Passing face rent NA
Net property income $3.2m
External valuation/date $88.0m/Nov 2015
Value/lettable area NA
Book value $93.8m
Cap rate NA
Discount rate NA