100 Mount Street is a new 35-level premium office tower spanning approximately 42,000 square metres, with floor plates ranging from 1,200-1,300 square metres. The building occupies one of the best locations in North Sydney on the corner of Mount and Walker Streets, with a third street frontage to Spring Street. The site has prime retail exposure, excellent natural light, harbour views across to the Sydney CBD and is set to benefit from its proximity to the new North Sydney Metro Station currently under construction.

 

The development is targeting 5 star Green Star and 5-star NABERS Energy ratings, as well as a Shell & Core WELL Gold rating.

Property Details

Building type
Development
Title
Freehold
Site area (hectares)
1.8
Lettable area ('000sqm)
42.2
Lettable area adjusted for ownership ('000sqm)
21.1
Typical floor area (sqm)
1,200
Number of buildings
1
Car parking spaces
113
Green star rating
5.0 Star Design (Design & As Built v1.1)
Year built
2019
Major tenant
NBN
Owner
DXS
Ownership (%)
50
Co-owner
Dexus Wholesale Property Fund

Property Statistics

Metro area
North Sydney
Zoning
B3 Commercial Core
Acquisition date
April 2016
Book value at ownership ($m)
269.0
Independent valuation date
December 2018
Independent valuation at ownership ($m)
269.0
Market cap rate (%)
5.00
Leased by area (%)
84
Weighted lease term by income (years)
6.7