25 Martin Place, Sydney
Overview
Designed by Harry Seidler, the 25 Martin Place has a unique façade, with elegantly contoured pre-cast concrete, white quartz and glass. The tower offers 67 levels of high-quality office space in a prestigious CBD location.
Positioned in the heart of Sydney’s financial and cultural districts, 25 Martin Place is bounded by three of Sydney CBD’s prime streets – Martin Place, Castlereagh Street and King Street, linking seamlessly to the public transport system.
The tower is supported by a concierge team offering a wide variety of convenient services, superior end-of-trip facilities, on-site 24/7 team security team and an exclusive selection of fashion, food and service retailers located within the plaza and outside on a podium level.
- Unique places to eat and relax
- Prime CBD location with 3 street frontages
- High quality services and facilities
25 Martin Place connects seamlessly with the prestigious Martin Place and fronts onto Castlereagh and King Streets. The precinct features
Property Information
- Building typeA Grade - office
- Year built1978
- TitleFreehold
- Metro areaSydney CBD
- ZoningB8 Metropolitan Centre
- Site area (hectares)0.8
- Lettable area ('000sqm)66.7
- Lettable area adjusted for ownership ('000sqm)33.4
- Number of buildings3
- Typical floor area (sqm)1,200
- Car parking spaces308
- Owner DXS,DWPF
- Ownership (%)50
- Co-ownerDWPF
- Major tenantGPT Group
- Acquisition dateJuly 2017
- Book value at ownership ($m)1,002.75
- Independent valuation dateDecember 2022
- Independent valuation at ownership ($m)1002.75
- Market cap rate (%)4.63
- 12 month rolling yield (%)3.85
- Leased by area (%)98
- Weighted lease term by income (years)4.6
- NABERS Energy rating (with Green Power)5.5
- NABERS Energy rating (without Green Power)5.0
- NABERS Indoor EnvironmentTower 4.5
- NABERS WasteTower 4.0
- NABERS Water rating4.0