1 Bligh Street, Sydney
Overview
1 Bligh Street offers an iconic, world-class location and unrivalled amenity. Boasting a distinctive and contemporary design, this multi-award-winning office building is situated in the financial centre of Sydney. 1 Bligh Street combines leading edge design, technology and sustainability with stunning views.
Completed in 2011, there are 27 levels of Premium, 6 Star Green Star office space. Ideal for advanced workplaces, the building features 1,600 square metres typical floors and varied suit configurations, as well as a spectacular top floor terrace, curvilinear double skin, glass facade with a striking, naturally ventilated full height atrium.
The buildings abundant amenities include concierge services, a European style pedestrian plaza with licensed café, a childcare centre, shower facilities, bicycle racks and car parking.
These outstanding qualities are further enhanced by nearby public transport from Circular Quay, Martin Place and upgraded Wynyard stations.
- Iconic architectural design
- Unique, light filled atrium
- Excellent transport connections
Asset Information
- Asset typePremium Grade - office
- Year built2011
- TitleFreehold
- Asset locationSydney CBD
- ZoningB8 Metropolitan Centre
- Site area (hectares)0.3
- Lettable area ('000sqm)42.2
- Lettable area adjusted for ownership ('000sqm)15.5
- Number of buildings1
- Typical floor area (sqm)1600
- Car parking spaces97
- Owner DXS,DWPF,MDAP
- Ownership (%)37
- Co-ownerDWPF, MDAP
- Major tenantBudage Pty Ltd
- Acquisition dateAugust 2000
- Book value at ownership ($m)420.2
- Independent valuation dateJune 2023
- Independent valuation at ownership ($m)420.2
- Market cap rate (%)4.63
- 12 month rolling yield (%)5.17
- Leased by area (%)0.99
- Weighted lease term by income (years)5.5
- NABERS Energy rating (with Green Power)5.5
- NABERS Energy rating (without Green Power)5.5
- NABERS Indoor Environment3.0
- NABERS Waste5.5
- NABERS Water rating5.5
- Green Star rating6.0 Star (Office As Built v2)