1 Bligh Street is one of Sydney’s most innovative, sustainable buildings offering an iconic, world class location and amenity. A distinctive and contemporary design creates a multi-award winning office building in the financial centre of Sydney. As one of Sydney CBD's premium buildings, 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 accommodation ideal for advanced workplaces with 1,600 square metres typical floors and varied suite configurations. The building features a spectacular top floor terrace, curvilinear double skin, glass facade with a striking, naturally ventilated full height atrium. The building's abundant amenities include concierge services, a European style pedestrian plaza with licensed café, a childcare centre, end-of-trip and parking for 91 cars.

The building is located centrally to nearby public transport at Circular Quay, Martin Place and Wynyard stations.

- Acclaimed architectural merit

- Environmental credentials

- Iconic location

  • NABERS Energy
    5 Star Energy Rating
  • NABERS Water
    4.5 Star Water Rating

Property Details

Building type
Premium Grade - office
Title
Freehold
Site area (hectares)
0.3
Lettable area ('000sqm)
43.0
Lettable area adjusted for ownership ('000sqm)
14.3
Typical floor area (sqm)
1,600
Number of buildings
1
Car parking spaces
97
NABERS Energy rating (with Green Power)
5.0
NABERS Energy rating (without Green Power)
5.0
NABERS Water rating
4.5
Green star rating
6.0 Star (Office Design v2) / 6.0 Star (Office As Built v2)
Year built
2011
Major tenant
Budage P/L
Owner
DXS
Ownership (%)
33.30
Co-owner
Dexus Wholesale Property Fund & Cbus Property

Property Statistics

Metro area
Sydney CBD
Zoning
B8 Metropolitan Centre
Acquisition date
August 2000
Book value at ownership ($m)
353.0
Independent valuation date
December 2018
Independent valuation at ownership ($m)
353.0
Market cap rate (%)
4.63
Initial yield (%)
5.44
Leased by area (%)
99
Weighted lease term by income (years)
7.7