Ownership
50% Mirvac, 50% Mitsubishi Estate Co. Pty Ltd
Total Lots
260
NLA
~27,000 sqm office & ~7,000 sqm retail
Summary information
| Acquisition/Agreement Date | Jan-14 |
|---|---|
| Valuation at 31-DEC-25 | $54m |
| Project Value (incl. GST) | ~$2.3bn |
| Expected Development Value On Completion | Commercial: ~$670m |
| Target Completion | FY27+ |
1. Represents the IPUC value within the Harbourside JV at Mirvac’s ownership percentage, excluding the gross up of lease liabilities under AASB 16, subject to rounding.
2. Represents 100% expected end value, subject to various factors outside of Mirvac’s control such as planning, market conditions, construction cost escalation, supply chain risks, weather and other uncertainties.
Note: Image is an artist impression only, final design may differ.
HARBOURSIDE SYDNEY, NSW
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.