100 Mount Street, North Sydney

Overview

100 Mount Street is a newly completed Premium grade office tower offering 35 levels of architecturally designed office space, with expansive floorplates up to 1,300sqm. 100 Mount occupies a prominent position on the corner of Mount and Walker Streets with a third street frontage to Spring Street. The site has prime retail exposure and benefits from its proximity to key transport infrastructure, in addition to excellent natural light and Harbour views from its eastern and southern aspects.

The building features an inviting lobby with 8m high ceiling, harbour views from its eastern and southern aspects, on-site retailers and an automated blind system maximising natural light and visibility.

The newly developed office tower is targeting a 5 star Green Star and 5 star NABERS Energy ratings. The building reached practical completion in May 2019

Property Information

  • Building typeDevelopment
  • TitleFreehold
  • Site area (hectares)1.8
  • Lettable area ('000sqm)41.9
  • Lettable area adjusted for ownership ('000sqm)20.9
  • Typical floor area (sqm)1,200
  • Number of buildings1
  • Car parking spaces113
  • Year built2019
  • Major tenantNBN
  • OwnerDXS
  • Ownership (%)50
  • Co-ownerDWPF
  • Metro areaNorth Sydney
  • ZoningB3 Commercial Core
  • Acquisition dateApril 2016
  • Book value at ownership ($m)341.5
  • Independent valuation dateJune 2019
  • Independent valuation at ownership ($m)341.5
  • Market cap rate (%)4.88
  • Initial yield (%)2.39
  • Leased by area (%)96
  • Weighted lease term by income (years)7.5

  • Green Star rating5.0 Star Design (Design & As Built v1.1)