Darling Square, Sydney

35 Tumbalong Bvd, Haymarket, NSW, 2000, AU

Descripción

JLL together with CBRE are proud to present for sale a 100% interest in Darling Square. Darling Square at 35 Tumbalong Boulevard, is the only office building located in one of Sydney’s most vibrant and multifaceted districts, Darling Square Precinct.

Strategically located within Sydney’s CBD and close to Darling Harbour, the asset was purpose built in 2017 for anchor tenant Commonwealth Bank of Australia, the largest bank nationally by market capitalisation.

Built on a substantial site area of 5,359 square metres, the asset boasts market-leading ESG certifications including a 5.5-Star NABERS Energy rating, 5.0-Star Green Star Performance rating and Climate Active Carbon Neutral Certification.

Darling Square is being offered by way of an International Expressions of Interest (EOI) process closing Thursday, 17th July 2025 at 4:00pm (AEST)

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Atributos

Superficie neta construida

27.749 m²

Año de construcción

2019

Superficie bruta del terreno

5359 m²

Ocupación

100 %

Inquilinos

Commonwealth Bank of Australia (71%), Transgrid (13%), First Parking (5%), Sparro Digital Marketing (4%)

Estrella verde

5 Star

CERVACES

5.5 Star

Llamada para ofertas

16/07/2025

Media

Aspectos destacados de la inversión

Rare 100% interest in one of Sydney’s newest Premium grade assets.
Near-term reversion opportunity afforded by a 7.5% market rent review to CBA in 2026, which will improve the yield by ~40bps.
Global leader in ESG, Qualifying for Clean Building MIT concession, Darling Square is Climate Active with a 6.0-Star Green Star Design & As Built, 5.5-Star NABERS, Energy, 4.5-Star NABERS Water, 5.0-Star Green Star Performance ratings.
The asset also has a definitive roadmap to Net Zero.
100% leased, with a 3.7-year WALE (by income), Darling Square has demonstrated strong leasing momentum.
Minimal Future capex required, Darling Square presents ‘as new’ having been institutionally maintained, benefitting from limited future capital expenditure requirements.
Blue Chip tenant covenant, Anchored by Commonwealth Bank of Australia (71% of gross passing income) - Australia’s largest ASX listed company by market cap.