60 Pitt Street, Sydney

Overview

60 Pitt Street is well located in the financial core between Bridge and Spring Streets, this being a short distance to Wynyard Station.

Property Information

  • Building typeB Grade - office
  • Year built1971
  • TitleLeasehold
  • Metro areaSydney CBD
  • ZoningB8 Metropolitan Centre
  • Site area (hectares)0.0
  • Lettable area ('000sqm)4.2
  • Lettable area adjusted for ownership ('000sqm)2.1
  • Number of buildings1
  • Owner DXS,DEXUS OFFICE PARTNER
  • Ownership (%)50
  • Co-ownerDexus Office Partner
  • Major tenantThe Entourage Education Group
  • Book value at ownership ($m)32.7
  • Independent valuation dateJune 2019
  • Independent valuation at ownership ($m)32.6
  • Market cap rate (%)5.00
  • Initial yield (%)2.89
  • Leased by area (%)78
  • Weighted lease term by income (years)1.8

  • NABERS Energy rating (with Green Power)N/A
  • NABERS Energy rating (without Green Power)0.0
  • NABERS Indoor EnvironmentNR
  • NABERS WasteNR
  • NABERS Water ratingN/A
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