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