ISPT is offering a rare opportunity to acquire 100% freehold interest in a high-profile A-Grade office asset with the listing of 100 Pacific Highway, North Sydney.
CBRE’s Flint Davidson, James Parry and Mitch Noonan together with Cushman & Wakefield’s Josh Cullen, Steven Kearney and Kenny Duncanson have been appointed to advise and manage the Expressions of Interest campaign.
Designed by renowned Peddle Thorp Walker architects and developed by ISPT in a joint venture with Leightons, this is the first time 100 Pacific Highway has been offered to market since being constructed in 2006.
The asset offers high quality A-Grade office accommodation extending to 21,879sqm NLA situated on a large 2,680sqm site, with views to the East, North and West over Sydney Harbour.
CBRE’s Head of Office Investments, Pacific James Parry said, “Being the first time offered to market, 100 Pacific is a very rare 100% freehold interest at an attractive price point in North Sydney. The sub-market is benefitting from the flight-to-quality theme of suburban tenants relocating into the North Sydney CBD and this, combined with a muted supply pipeline for the balance of the decade, will result in strong rental growth for prime assets.”
The North Sydney office market has been through a resurgence in recent years, led by infrastructure and high-quality development. The opening of the Victoria Cross Metro Station last year provides worldclass seamless access to the Sydney CBD as well as upper North Shore residential markets.
Cushman & Wakefield’s NSW Head of Capital Markets, Steven Kearney said, “The recently opened Metro Station has transformed North Sydney’s connectivity with the Sydney CBD, and tenants are being drawn to this ever-improving amenity and accessibility. Furthermore, buyers are increasingly being priced out of the Sydney CBD, making North Sydney a compelling investment proposition with enhanced returns.”
Notable developments like 1 Denison by Winten, which is home to Nine Entertainment, along with 100 Mount by Dexus, 88 Walker by Billbergia as well as the Victoria Cross over-station-development have injected 180,000sqm of premium-grade office supply into the market which has attracted tenants of global quality including Microsoft, NBN, SAP, Luxottica, and AirTrunk.
The Expressions of Interest campaign closes on the 2nd of July, 2025.
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