MLC Centre

Sydney NSW

Convenient location to all forms of public transport 

$170 million retail development underway

Parking located on site

Home to Romeo's IGA supermarket and Food Court 

Dexus plans a mixed-use transformation of the MLC Centre, Sydney

Dexus has commenced construction on a development that will transform the MLC Centre precinct into a vibrant community offering: retail, dining, cultural and commercial spaces in the heart of the Sydney CBD.

The circa $170 million investment will deliver approximately 6,000 square metres of new and improved retail space across four levels and is supported by the existing office tower. 

  • New luxury and premium retail to Castlereagh and King Streets
  • A new food and beverage plaza fronting onto Martin Place and a mix of retail and service providers within the building core
  • A new commercial tower entrance will be established from Castlereagh Street, improving connectivity for workers and visitors

Image: Artist impression only. Subject to change

Regenerating a Sydney landmark

The redevelopment also includes plans to revive the Theatre Royal with Dexus entering into a 55-year lease with the NSW Government, paving the way for a private theatre operator to run the theatre.

The MLC Centre showcases a proud history with the building being a key city landmark since 1978. Architect, Harry Seidler  brought a sense of style and sophistication, beauty and refinement to his work. He understood the importance of providing spaces that bring the community together to connect and socialise. 

The next evolution of the MLC Centre will build on Harry Seidler’s design principles and plays on the geometry of the existing forms around the base of the tower to deliver a unique experience and revitalised public spaces. 

Image: Artist impression only. Subject to change

Dexus is and has always been the space for your best work

This means our shopping centres and precincts are safe for our valued retailers and shoppers. We continue to closely monitor and follow the advice from the Government and Health Departments. The health and wellbeing of our community is our priority, as we continue to create a safe and welcoming experience. 

Market at a glance

  • Total retail expenditure by tourists in the Sydney LGA is currently estimated at around $2.9 billion, including $1.9 billion in food expenditure.

  • This is projected to grow to $3.7 billion by 2026, at an average annual growth rate of 2.7%.

  • Household incomes well above benchmarks – more than $163,000 per annum in the Main Trade Area.

  • Target customer segments include: CBD workers, tourists and Sydney residents.

Source: Location IQ Report, February 2019.

Fast facts

  • Over 6,000 sqm of retail space.

  • Home to Romeo’s IGA supermarket and Food Court.

  • A central dining destination alongside Martin Place.

  • Connectivity to the CBD and transport.

  • Parking located onsite.


  • Centre size7,017 sqm
  • Number of storesOver 30 Leading casual dining options
Cafes and restaurants
Everyday retail stores
Food court
Free building WiFi


19 Martin Place, Sydney NSW

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For leasing enquiries

For leasing enquiries

Cameron Haddad

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