1 Shelley Street, Sydney
1 Shelley Street, Sydney is a prominently positioned prime-grade office building located directly adjacent to the south side of Barangaroo, and benefits from the improved accessibility to the Wynyard bus/rail interchange, and the revitalised retail and restaurant precinct in the area. The office compenent is 100% leased to ASX-listed Macquarie Group, with the parking facilities leased to Secure Parking.
The site is secured with a weighted average lease expiry (WALE) of 7.4 years, and provides an attractive investment proposition for both CPOF and the investment vehicle sponsored by MSREI, who jointly own and control the new trust. The new trust will be managed by Charter Hall.
|Ownership||50% - Charter Hall Prime Office Fund|
|Total NLA (sqm)||32,985|
|Typical floor plan (sqm)||2,350-3,500|
|Major tenants||Macquarie Group|
|50%||Charter Hall Prime Office Fund|