One Margaret Street, Sydney

Overview

One Margaret Street is located on a prominent corner location overlooking the business and leisure precinct of Barangaroo.

An expansive foyer greets tenants and visitors while the splayed building orientation allows plenty of natural light to fill the building. One Margaret offers 18 levels of A-Grade office space with 1,000 square metres typical floor areas with superior finishes and views across the CBD, Barangaroo and Darling Harbour, and three levels of parking for 111 cars.

The buildings amenities include Dexus concierge services while shopping and dining options to suit all needs, as well as the nearby bustling lifestyle precinct of Barangaroo.

Dexus Place is also located in the building, a tailored extension to your workplace that features 14 meeting rooms, 3 training rooms, 3 formal boardrooms, a large auditorium and a business lounge. A fully immersive studio is designed to emulate the real-life conference experience, connecting you to other Dexus Place office locations in Sydney and Melbourne.

- A-Grade office tower

- Efficient and light filled spaces

- Excellent transport connectivity

Property Information

  • Building typeA Grade - office
  • Year built1984
  • TitleFreehold
  • Metro areaSydney CBD
  • ZoningB8 Metropolitan Centre
  • Site area (hectares)0.2
  • Lettable area ('000sqm)21.1
  • Lettable area adjusted for ownership ('000sqm)21.1
  • Number of buildings1
  • Typical floor area (sqm)1,000
  • Car parking spaces111
  • OwnerDXS
  • Ownership (%)100
  • Major tenantBDO Services
  • Acquisition dateDecember 1998
  • Book value at ownership ($m)373.0
  • Independent valuation dateJune 2022
  • Independent valuation at ownership ($m)373.0
  • Market cap rate (%)4.75
  • Initial yield (%)5.08
  • Leased by area (%)100
  • Weighted lease term by income (years)2.8

  • NABERS Energy rating (with Green Power)5.5
  • NABERS Energy rating (without Green Power)5.5
  • NABERS Indoor Environment5.0
  • NABERS Waste2.5
  • NABERS Water rating5.5
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