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)0.30
  • 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 tenantClayton Utz
  • Acquisition dateAugust 2000
  • Book value at ownership ($m)408.1
  • Independent valuation dateDecember 2023
  • Independent valuation at ownership ($m)408.1
  • Market cap rate (%)4.88
  • 12 month rolling yield (%)5.18
  • Leased by area (%)100
  • Weighted lease term by income (years)5.9

  • NABERS Energy rating (with Green Power)5.5
  • NABERS Energy rating (without Green Power)5.5
  • NABERS Indoor Environment5.5
  • NABERS Waste2.5
  • NABERS Water rating5.0
  • Green Star rating6.0 Star (Office As Built v2)
2014 - National Energy Globe Award Australia
1 Bligh Street, Sydney awarded National Energy Glove Award Australia 2014
2013 - Sustainable Development Award
1 Bligh Street, Sydney awarded 2013 Urban Taskforce Development Excellence Awards Sustainable Development Award
2013 - Landscape Architecture Award
1 Bligh Street, Sydney awarded the Landscape Architecture Award
2013 - Milo Dunphy Award, Sir Arthur G Stephenson Award, and the Urban Design Architecture Award
1 Bligh Street, Sydney awarded Milo Dunphy Award - Sustainable Architecture, Sir Arthur G Stephenson Award - Commercial Architecture and Urban Design - Architecture Award
2012 - Design & Innovation
1 Bligh Street, Sydney awarded for Design & Innovation at the UDIA NSW Awards for Excellence 2012
2012 - The International High-rise award
1 Bligh Street, Sydney awarded The International High-rise Award, recognised as the world's most innovative high-rise building.
2012 - Most outstanding new tall building in Asia and Australasia
1 Bligh Street, Sydney awarded most outstanding new building in Asia and Australasia
2012 - AIB Commercial Construction Category > $100m Award
1 Bligh Street, Sydney awarded AIB Commercial Construction Category >$100m Award
2012 - Harry Seidler Award - Commercial Architecture and Sustainable Architecture Award
1 Bligh Street, Sydney awarded the Harry Seidler Award - Commercial Architecture and Sustainable Architecture Award
2011 - UDIA NSW Austral Bricks Awards: Best Retail / Commercial Development
1 Bligh Street, Sydney awarded UDIA NSW Austral Bricks Awards: Best Retail / Commercial Development
2011 - API NSW Excellence in Property Awards: Best Commercial Development
1 Bligh Street, Sydney awarded API NSW Excellence in Property Awards: Best Commercial Development
2011 - Highly Commended - Office Architecture and Office Development
1 Bligh Street, Sydney awarded Highly Commended - Office Architecture and Office Development
2010 - MBA Excellence in Construction Site safety >$50m
1 Bligh Street, Sydney awarded MBA Excellence in Construction Site safety >$50m
2008 - Best International Office Architecture
1 Bligh Street, Sydney awarded the Best international Office Architecture
2008 - Chicago Athenaeum International Architecture Award
1 Bligh Street, Sydney awarded Chicago Athenaeum International Architecture Award
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