Piccadilly Complex, 133 – 145 Castlereagh Street, Sydney
Key Property Information
Piccadilly Centre comprises the Tower, an A grade 32 storey office building, and Piccadilly Court, a 14 storey B grade office building, with a retail mall over three levels constructed between the two office buildings. Basement parking is provided for 232 vehicles.
The Stockland head office is now located within the building, occupying nine floors, including the recently refurbished Level 2 which includes Stockland's new child care facility.
Key Information
| Location: | Sydney CBD, NSW |
| Acquisition Date: | October 2000 |
| Ownership/Title: | 100%/Leasehold (Expiring 2091) |
| Independent Valuation: | June 2007 |
| Valuation ($/m2): | $315.0 million ($7,984/m² excludes retail) |
| Capitalisation Rate: | 5.88–6.50% |
| Discount Rate: | 8.13–8.25% |
| Net Lettable Area: | 39,452m² |
| Car Parking Spaces: | 232 |
