45 Clarence Street is a landmark office tower located in the western corridor of Sydney’s financial district adjacent to Barangaroo, one of the world’s most ambitious urban renewal projects.

The 28 level A-Grade building has floor plates of 1,250 square metres with flexible work space solutions for tenants. Clever interior architecture maximises natural light from all four aspects, and occupiers on the upper levels enjoy views of Sydney Harbour, Darling Harbour and the surrounding area.

45 Clarence Street is located close to Wynyard Station and Circular Quay and features a contemporary entrance foyer, ground floor café and five basement levels of parking.

The building also has end-of-trip facilities including bicycle racks, lockers and change facilities, plus concierge and an onsite management team.

- Access to the amenities of Barangaroo

- 360 degree views and natural light

- Excellent tenant facilities

  • NABERS Energy
    5.5 Star Energy Rating
  • NABERS Water
    4 Star Water Rating

Property Details

Building type
A Grade - office
Title
Freehold
Site area (hectares)
0.4
Lettable area ('000sqm)
32.0
Typical floor area (sqm)
1,250
Number of buildings
1
Car parking spaces
169
NABERS Energy rating (with Green Power)
5.5
NABERS Energy rating (without Green Power)
5.0
NABERS Water rating
4.0
Year built
1990
Major tenant
Qube Holdings
Owner
DXS
Ownership (%)
100

Property Statistics

Metro area
Sydney CBD
Zoning
B8 Metropolitan Centre
Acquisition date
December 1998
Book value at ownership ($m)
487.0
Independent valuation date
December 2018
Independent valuation at ownership ($m)
487.0
Market cap rate (%)
5.13
Initial yield (%)
5.11
Leased by area (%)
100
Weighted lease term by income (years)
3.5