25 Martin Place, Sydney

Overview

Designed by Harry Seidler, 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 A-grade office space and is supported by a concierge team offering a wide variety of convenient services, superior end-of-trip facilities, and an on-site 24/7 security team. The building also features an exclusive selection of fashion, food and service retailers located within the plaza and outside on a podium level. The adjoining Theatre Royal and retail podium provide enhanced entertainment, dining and service offerings as well as luxury retail along Castlereagh Street and King Street.

Asset Information

  • Asset typeA Grade - office
  • Year built1978
  • Asset locationSydney CBD
  • Site area (hectares)0.8
  • Lettable area ('000sqm)79.12
  • Lettable area adjusted for ownership ('000sqm)39.56
  • Typical floor area (sqm)1200
  • Car parking spaces308
  • OwnerDXS
  • Ownership (%)50
  • Co-ownerDWPF
  • Major tenantThe GPT Group
  • Acquisition dateJuly 2017
  • Book value at ownership ($m)836
  • Independent valuation dateDecember 2024
  • Independent valuation at ownership ($m)836
  • Market cap rate (%)5.94
  • 12 month rolling yield (%)5.57
  • Leased by area (%)94
  • Weighted lease term by income (years)4.5

  • NABERS Energy rating (with Green Power)4.5
  • NABERS Energy rating (without Green Power)4.5
  • NABERS Indoor Environment4.0
  • NABERS Waste3.5
  • NABERS Water rating2.5
  • Green Star rating5.0 Star (Performance v1.2)
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