56 Berry Street, North Sydney
56 Berry Street is a 5,175 square metre B Grade office building, located within North Sydney Council’s Ward Street masterplan precinct.
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NABERS Energy
3 Star Energy Rating
Property Details
- Building type
- B Grade - office
- Title
- Freehold
- Site area (hectares)
- 0.6
- Lettable area ('000sqm)
- 5.2
- Lettable area adjusted for ownership ('000sqm)
- 2.6
- Typical floor area (sqm)
- 410
- Number of buildings
- 1
- Car parking spaces
- 36
- NABERS Energy rating (with Green Power)
- NR
- NABERS Energy rating (without Green Power)
- NR
- NABERS Water rating
- N/A
- Year built
- 1972
- Major tenant
- Christie Corporate
- Owner
- DXS
- Ownership (%)
- 50
- Co-owner
- Dexus Office Partner
Property Statistics
- Metro area
- North Sydney
- Zoning
- B3 Commercial Core
- Acquisition date
- December 2017
- Book value at ownership ($m)
- 31.5
- Independent valuation date
- December 2018
- Independent valuation at ownership ($m)
- 31.5
- Market cap rate (%)
- 5.25
- Initial yield (%)
- 5.66
- Leased by area (%)
- 100
- Weighted lease term by income (years)
- 4.8