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.
22,000 SQMTotal Lettable area
E: Excludes assets not owned/managed for the duration of the reporting period including buildings under construction.
|Building grade||A Grade|
|Average floor plate||1,200sqm|
|Passing face rent||NA|
|Net property income||$3.2m|
|External valuation/date||$88.0m/Nov 2015|