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

Property Information

  • Building typePremium Grade - office
  • TitleFreehold
  • Site area (hectares)0.3
  • Lettable area ('000sqm)42.9
  • Lettable area adjusted for ownership ('000sqm)14.3
  • Typical floor area (sqm)1,600
  • Number of buildings1
  • Car parking spaces97
  • Year built2011
  • Major tenantClayton Utz
  • OwnerDXS
  • Ownership (%)33.3
  • Co-ownerDWPF, Cbus Property
  • Metro areaSydney CBD
  • ZoningB8 Metropolitan Centre
  • Acquisition dateAugust 2000
  • Book value at ownership ($m)356.7
  • Independent valuation dateJune 2019
  • Independent valuation at ownership ($m)356.7
  • Market cap rate (%)4.63
  • Initial yield (%)5.49
  • Leased by area (%)99
  • Weighted lease term by income (years)7.2

  • NABERS Energy rating (with Green Power)5.0
  • NABERS Energy rating (without Green Power)5.0
  • NABERS Water rating4.0
  • Green Star rating6.0 Star (Office Design v2), 6.0 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