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117 Clarence Street, Sydney

117 Clarence Street Sydney NSW 2000

Office - Institutional Investments
Investment
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Property No.

Key Property Highlights

Building Area 12510 sqm
Energy Rating fullfullfullfullfullempty
5-Star NABERS Energy Rating
Listing Status Sold

Cushman & Wakefield is pleased to present for sale 117 Clarence Street, a 100% freehold interest positioned in Australia’s most sought after office market – the Sydney CBD. The asset is securely leased with the NSW Government underpinning approximately 65% of the income.

117 Clarence Street provides a rare opportunity to acquire a 100% freehold interest in the $100m - $200m range within the Sydney CBD, with only four assets in this range having transacted in the last 5 years.

With a premium location offering unrivalled access to world-class amenity and nearby transport, 117 Clarence also features:

  • Net Lettable Area of 12,510sqm comprising office and retail
  • 29 underground car spaces
  • 5-star NABERS Energy rating
  • Refurbishment works completed in 2022 - Repositioning the ground floor lobby, base building amenity and some tenancy areas
  • Strong tenant profile with 96.5% occupation rate and a newly re-signed major tenant secured over 65% of the NLA
  • Prominent corner site of 1,283sqm with street frontages to Kent, Clarence, and Erskine Streets

For further information please contact Cushman & Wakefield.

Josh Cullen | +61 438 351 113 | josh.cullen@cushwake.com

Mark Hansen | +65 9391 5446 | mark.hansen@cushwake.com

Steven Kearney | +61 403 005 497 | steven.kearney@cushwake.com

Bridhe Woods | +61 431 032 571 | bridhe.woods@cushwake.com

Nick Rathgeber | +61 413 420 400 | nick.rathgeber@cushwake.com

Leigh Melbourne | +61 413 253 339 | leigh.melbourne@cushwake.com