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135 King Street, Sydney

Key Property Information

135 King Street The property was completed in 1990 and comprises a prominent 24 level office tower. A comprehensive upgrade of the tower and foyer has resulted in a fully refurbished A grade building that meets design and performance requirements of the market.

135 King Street also includes the Glasshouse, a three level retail centre fronting Pitt Street Mall that includes 24 specialty retail tenancies.
Key Information
Location:Sydney CBD, NSW
Acquisition Date:June 2003
Ownership/Title:50%/Freehold
Independent Valuation:June 2008
Valuation ($/m2):$113.5 million (excludes retail)/($8,359/m² 100% interest)
Capitalisation Rate:6.25% Office
Discount Rate:8.75% Office
Net Lettable Area:Office 27,157m²/Retail 3,920m²
Car Parking Spaces:55
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