Leasing and Tenants > Office > NSW > 135 King Street, Sydney
Key Property Information
The property was completed in 1990 and comprises a prominent 24 level, A-grade office tower as well as the Glasshouse Shopping Centre, a three-level retail centre in the heart of Pitt Street Mall that includes 22 specialty retail tenancies.
The building recently completed a mechanical plant upgrade and a rolling refurbishment over the office floors is ongoing.
NABERS Energy: 3.5 stars
NABERS Water: 3.0 stars
| Location: | Sydney CBD, NSW |
|---|---|
| Acquisition Date: | June 2003 |
| Ownership/Title: | 50%/Freehold |
| Independent Valuation: | December 2012 |
| Valuation ($/m2): | $96.0 million - excludes retail ($7,069/m² - 100% interest) |
| Capitalisation Rate: | 7.30% Office |
| Discount Rate: | 9.00% Office |
| Net Lettable Area: | Office 27,155m²/Retail 3,920m² |
| Car Parking Spaces: | 55 |
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