150 George Street is an A-Grade office building located in Parramatta’s prime business district with frontages to George and Charles Streets.

The contemporary 22 level tower features an exclusive terrace on level 6 with breathtaking views of Sydney and the Blue Mountains from the upper floors. There is also a full-service concierge and above-ground car park with 492 parking spaces.

Parramatta is Western Sydney’s thriving, cosmopolitan city where tenants of 150 George Street are spoilt for choice with food and retail outlets at Harris Park, Eat Street, Phillip Street, Church Street South and Westfield Parramatta. There are also a number of nearby fitness facilities including a gym, swimming pool or walks along the riverbank.

The building is adjacent to Parramatta Wharf for the river ferry from central Sydney, and a short walk from public transport options at the Parramatta Railway and Bus terminals.

- Enviable Parramatta location

- Excellent choice of food and retail outlets

- Well connected via public transport

  • NABERS Energy
    5.5 Star Energy Rating
  • NABERS Water
    3.5 Star Water Rating

Property Details

Building type
A Grade - office
Title
Freehold
Site area (hectares)
0.5
Lettable area ('000sqm)
22.0
Lettable area adjusted for ownership ('000sqm)
11.0
Typical floor area (sqm)
1,200
Number of buildings
1
Car parking spaces
492
NABERS Energy rating (with Green Power)
5.5
NABERS Energy rating (without Green Power)
5.5
NABERS Water rating
3.5
Year built
1992
Major tenant
Commonwealth Bank of Australia
Owner
DXS
Ownership (%)
50
Co-owner
Dexus Office Partner

Property Statistics

Metro area
Parramatta CBD
Zoning
B3 Commercial Core
Acquisition date
April 2014
Book value at ownership ($m)
65.0
Independent valuation date
December 2018
Independent valuation at ownership ($m)
65.0
Market cap rate (%)
6.25
Initial yield (%)
7.62
Leased by area (%)
100
Weighted lease term by income (years)
2.9