14 Martin Place

Sydney, NSW

Located in a prime corner position in the centre of Sydney's prestigous financial district, this property consists of an eight level heritage facade office building (built in circa 1892) fronting Martin Place and an interconnecting 20 level office tower fronting Pitt Street. The entire structure includes 1,111sqm of ground and lower ground floor retail.

A full refurbishment of the ground floor entry lobby is underway with works expected to be completed in September 2019.

Ownership interest 50%
Cap rate 4.88%
Valuation date December 2018
Acquisition date June 2011
Site area 1,103m2
Net lettable area 13,113m2
Occupancy 97%
NABERS rating (Energy) 4
NABERS rating (Water) 2.5
WALE by income 2.78
Rent review stucture CPI and Fixed
Major tenants by income

World Bank, NGS Super and Long Chim restaurant

Parking spaces -
Valuation range $100-130 million