// OFFICE - SYDNEY, NSW

60 Margaret Street

60 Margaret Street, Sydney NSW

ABOUT

60 Margaret provides 47,179sqm of net lettable area on 4,464sqm of land in one of the most core positions in the Sydney CBD.

The Property is positioned in the spine of the Northern Core on a large dominant corner of the Sydney CBD with three (3) substantial street frontages and unique direct underground pedestrian access to Wynyard Station and Wynyard Walk.

STRATEGY

Strategic, high-quality, well-located asset with a defendable income profile, which is set to benefit from surrounding developments and major infrastructure upgrades. Strategy to enhance 60 Margaret from A- to A+ office and expand the retail flagship presence on George Street.

KEY FEATURES

Substantial land holding in the core of the Sydney CBD
The Property sits in a prime location with exceptional connectivity and social amenity
31 levels of A-Grade office space with 3 levels of basement car parking for 143 cars. 40,772sqm of office space
6,407sqm of lettable retail area, anchored by Woolworths with 73 specialty tenancies
Defendable and reliable income, with strong leasing covenants to ING, JustCo, Ozforex, Virgin Active and Woolworths
The strategy for the retail is to focus on the George Street Podium to establish a flagship brand presence at the northern end of George Street
Sydney CBD is supply constrained given construction cost inflation, planning and geographic limitations.

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Asset management

Investment Manager

Jamie O’Reilly