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32-36 York Street
Sydney NSW 2000
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Cushman & Wakefield Sydney

32-36 York Street Sydney NSW 2000

  • Offices
  • 8,219 m²
  • Expressions of Interest

Core Investment in the Historic Heart of Sydney CBD

  • 100% Freehold
  • Strong Income Profile
  • A Highly Sustainable Asset

Cushman & Wakefield together with CBRE are pleased to exclusively present for sale 32-36 York Street, Sydney a brand new core investment opportunity in the historic heart of Sydney CBD.

Key Investment Highlights:

· Brand New Core Investment Completed in August 2024 and built to A-Grade specification, 32-36 York is one of only 4 brand new, boutique (sub 10,000sqm NLA) office buildings to be delivered in Sydney CBD in the last 10 years;

· 100% Freehold Super rare opportunity to acquire a 100% interest in a core grade yet liquid price point asset in Sydney CBD, where only 3 assets in the $100m to $250m price band have traded in the last 5 years;

· Strong Income Profile Nearing 100% occupancy at PC, the asset provides clean and secure income with a 7.7 year WALE and high retention probability given new, first generation tenants;

· Central CBD Location Located only 270m walk to Martin Place, 32-36 York holds a prominent position of York Street, adjacent to the King Street intersection in the central heart of Sydney CBD and surrounded by luxury, global retailers including Apple, Louis Vuitton, Cartier;

· A Highly Sustainable Asset An adaptive re-use of the former structure, the new build is a hybrid timber frame and concrete structure which reduced embodied carbon emissions by 36%, equivalent to 7 years of operation. The asset will also provide 5 Star Green Star and 5 star NABERS ratings;

· A Unique Proposition Designed to retain heritage character, the asset has a 27m wide frontage to York Street, 4m floor to ceiling clearances and restored wooden columns. The asset also provides tenants with a fully landscaped 250sqm rooftop terrace and A-Grade specification EOT facilities.

A 100% Freehold interest in 32-36 York Street, Sydney is for sale by International Expressions of Interest closing on Thursday 17th October 2024 at 3pm (AEDT).

EXPRESSION OF INTEREST

Closing date and time17/10/2024 15:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Floor Area8,219 m²
Land Area860 m²
EnergyAsk Agent
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019471975
Category
Last updated  5 Sep 2024
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Property Highlights

Floor Area8,219 m²
Land Area860 m²
EnergyAsk Agent
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019471975
Category
Last updated  5 Sep 2024

Co-Agents

Brad Hamilton
Cushman & Wakefield Sydney
Call
0405 720 017
Mark Hansen
Cushman & Wakefield Sydney
Call
0451 779 818
Mitch Noonan
Mitch Noonan
CBRE Sydney
Call
+61 423 931 119

More about 32-36 York Street Sydney NSW 2000

32-36 York Street Sydney NSW 2000 is categorized as Office. It has a floor area of 8,219 m². The listing ID for this property is 2019471975.

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