175 – 181 Castlereagh Street, Sydney
Key Property Information
The 17 level building has four levels of basement parking and 13 levels of commercial office accommodation.
The building was completed in 1971 and has recently undergone a substantial refurbishment of the lobby, lift
cars, bathrooms and some office floors.
The property is located in the mid-town precinct of the Sydney CBD close to Stockland’s head office.
Key Information
| Location: | Sydney CBD, NSW |
| Acquisition Date: | September 1982 |
| Ownership/Title: | 100%/Freehold |
| Independent Valuation: | June 2007 |
| Valuation ($/m2): | $65.0 million ($5,424/m²) |
| Capitalisation Rate: | 6.50% |
| Discount Rate: | 8.25% |
| Net Lettable Area: | 11,984m² |
| Car Parking Spaces: | 168 |
