Building C, 1 Homebush Bay Drive, Rhodes


The property comprises a commercial office building, known as Building C, which was built in 2001. The building provides basement parking for 251 vehicles ground floor accommodation and five upper levels of office accommodation. The NLA is approximately 10,406 sqm. Major tenants include Frasers Property and DHL. The building holds a 5 star NABERS Energy rating.

Property Information

  • Building typeBusiness Park
  • Year built2001
  • TitleFreehold
  • Metro areaSydney Olympic Park
  • ZoningB7 Business Park
  • Site area (hectares)0.3
  • Lettable area ('000sqm)10.4
  • Lettable area adjusted for ownership ('000sqm)10.4
  • Number of buildings1
  • Car parking spaces251
  • OwnerDXI
  • Ownership (%)100
  • Major tenantFrasers Property
  • Book value at ownership ($m)86.0
  • Independent valuation dateDecember 2021
  • Independent valuation at ownership ($m)86
  • Market cap rate (%)5.75
  • Leased by area (%)94
  • Weighted lease term by income (years)2.3

  • NABERS Energy rating (with Green Power)4.5
  • NABERS Energy rating (without Green Power)4.5
  • NABERS Water rating3.5
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