Located at the foreshore of Pyrmont Bay, a short distance from Barangaroo and Darling Harbor Live.
A trophy office investment with magnificent sweeping Sydney Harbour views within walking distance to the Sydney CBD. The building comprises 4,346 sqm and has 40 secure basement parking spaces.
Designed by Architects Peddle, Thorp & Walker, the award winning workspace combines exposed steel columns and vaulted ceilings with a contemporary design to complement the waterside location.
Since acquiring the property, we have negotiated and extended all leases to increase the WALE and also replaced the two largest tenancies with leases to new tenants for longer terms at higher rents.
Wharf 10 is fully leased to four (4) diverse multinational tenants as follows:
Fairfax Media – Leading multi platform media company.
Integrity Group Holdings – Integrity Group is an Australian Life Insurance company who recently acquired QBE Life.
Activision Blizzard – A US based games publishing company with popular title franchises such as World of Warcraft, Call of Duty and SkyLanders. The company employs 7,000 people globally.
Mood Media – An in store media company that combines music, visual elements and social mobile technology to drive point of sale revenue. Operating across 41 countries, the company is listed on the Toronto Stock Exchange.
Purchased for $42 million in 2014, the property was refinanced in 2018 enabling us to return 30% of the equity contributed back to investors ($300 per unit) and increase the cash return on funds invested to 10% per unit.