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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
Green Star rating: N/A
Major Tenants GLA m2 Lease Expiry
Zara Home 649 Dec 2025
H&M 5,173 Oct 2030
  • ^ 100% interest