Real Estate

Phillip Street

A redevelopment project in the tightly held financial and tourist precinct of the Sydney CBD
Phillip Street is an existing B-Grade office building in a prime location in the Sydney CBD with multiple exits and development scenarios.
Phillip Street
Sector
Office
Country
Australia
Fund
Real Estate
Entry
2020
Type
Website
Website
GO TO WEBSITE

About

Phillip Street

The development is a joint venture with one of Australia’s largest privately-owned construction companies with a strong reputation for delivering large-scale, high-end projects. The property is in the prime north-eastern corner of the Sydney CBD near Sydney’s premium office buildings, Sydney Harbor Bridge, Circular Quay and Sydney Opera House. The project represents an opportunity to develop a flagship asset in a prime location, capitalizing on the demand of A-Grade offices in Sydney CBD.

Investment Highlights

Real Estate

Phillip Street

A redevelopment project in the tightly held financial and tourist precinct of the Sydney CBD
Phillip Street is an existing B-Grade office building in a prime location in the Sydney CBD with multiple exits and development scenarios.
Phillip Street
Sector
Office
Country
Australia
Fund
Real Estate
Entry
2020
Type
Website
GO TO WEBSITE

About

Phillip Street

The development is a joint venture with one of Australia’s largest privately-owned construction companies with a strong reputation for delivering large-scale, high-end projects. The property is in the prime north-eastern corner of the Sydney CBD near Sydney’s premium office buildings, Sydney Harbor Bridge, Circular Quay and Sydney Opera House. The project represents an opportunity to develop a flagship asset in a prime location, capitalizing on the demand of A-Grade offices in Sydney CBD.

Investment Highlights

Real Estate

Phillip Street

A redevelopment project in the tightly held financial and tourist precinct of the Sydney CBD
Phillip Street is an existing B-Grade office building in a prime location in the Sydney CBD with multiple exits and development scenarios.
Phillip Street
Sector
Office
Country
Australia
Fund
Real Estate
Entry
2020
Type
Website
JV Partner

About

Phillip Street

The development is a joint venture with one of Australia’s largest privately-owned construction companies with a strong reputation for delivering large-scale, high-end projects. The property is in the prime north-eastern corner of the Sydney CBD near Sydney’s premium office buildings, Sydney Harbor Bridge, Circular Quay and Sydney Opera House. The project represents an opportunity to develop a flagship asset in a prime location, capitalizing on the demand of A-Grade offices in Sydney CBD.

Key Figures

Location
Sydney, New South Wales
Site Area
1,681 m2 (combined development site)
Asset Class
Office
Occupancy
100%
Location
Adelaide, South Australia
Gross Lettable Area
23,243 m2
Asset Class
Retail
Passing Yield
5.2% (at acquisition)
Tenants
90 (at acquisition)
Location
Melbourne, Victoria
Site Area
258,885 m2
Asset Class
Mixed-use
(Residential and Commercial)
Residences
1,000+
Location
Melbourne, Victoria
Site Area
15,745 m2
Asset Class
Office (with supporting retail)
Net Lettable Area
up to 56,000 m2 (upon completion)

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