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7 Macquarie Place, Sydney
Key Property Information
7 Macquarie Place is an A grade boutique commercial and retail building, located 200 metres from Circular Quay. The building has 12 office levels with two lift rises and all office floors overlook Macquarie Place Park. The top five levels also have large, attractive garden terraces with views over Sydney Cove to the Opera House.
The retail component includes three ground floor tenancies and a lower ground tavern.
Key Information
Location:
Sydney CBD, NSW
Acquisition Date:
June 2003
Ownership/Title:
50%/Freehold
Independent Valuation:
June 2007
Valuation ($/m2):
$61.5 million ($9,017m²*) (100% interest)
Capitalisation Rate:
5.75%
Discount Rate:
8.25%
Net Lettable Area:
Office 12,251m²/Retail 1,390m²
Car Parking Spaces:
23
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