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Glasshouse - 135 King Street, Sydney^

Strategically located in the heart of Sydney CBD’s iconic Pitt Street Mall, Glasshouse is home to international flagships H&M and Zara Home.

Location: Sydney CBD, NSW
Acquisition date:Jun 2003
Ownership/Title:50%/Freehold
Cost including additions:$32.9 million
Last Independent Valuation
Date:Jun 2017
Valuation:$73.50 million
Valuation $/m2:$27,451/m²^
Capitalisation rate:4.50%
Discount rate:6.75%
Car parking spaces:N/A
Gross lettable area:5,355 m²
Annual sales:N/A
Speciality occupancy cost:N/A
Weighted average lease expiry:12.2 years
NABERS:N/A
Green Star rating:N/A
Major TenantsGLA m2Lease Expiry
Zara Home649Dec 2025
H&M5,173Oct 2030
Footnotes
  • ^ 100% interest