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Buildings in the city
OFFICE

60 MARGARET STREET

60 Margaret St, Sydney, NSW 2000

This A-grade building is situated in the heart of the Sydney CBD and comprises 36 levels of office accommodation and three levels of retail, with direct access to the Wynyard railway station and bus terminal. Developed in 1980, the complex has been progressively refurbished. The building has achieved a 4.5 Star NABERS Energy rating.

View project website Download PDF
Grade
A
Nabers Rating
4.5 Star
Ownership
50% Mirvac, 50% Blackstone
NLA
40,772 SQM

Summary information

Acquisition/Agreement Date Aug-98
Last External Valuation Date 30-Jun-21
Valuation at 31-DEC-22 $363.7m
Valuer Directors Valuation
Capitalisation Rate 5.25%
Discount Rate 6.13%
Gross Office Rent $1,240/SQM
Car Spaces 143
Valuation: Book value represents Mirvac's ownership.

Lease Expiry Profile % Income

Wale: 3.8 YEARS

Major Tenants

Entity Name NLA SQM Lease Expiry
ING Bank 9,712 May-27
Entity Name NLA SQM Lease Expiry
Cliftons 4,171 Dec-28
Aerial of Margaret Street foyer

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Mirvac acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters of Australia, and we offer our respect to their Elders past and present.  

Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.