Piers 8/9. Walsh Bay_Property for Sale
Piers 8/9. Walsh Bay_Property for Sale

Piers 8/9. Walsh Bay

23 Hickson Road, Millers Point, NSW, 2000, AU

Description

Recognised as Sydney’s premier boutique office investment, Piers 8&9 occupy a landmark waterfront position on Sydney Harbour, offering uninterrupted views across the harbour, city skyline, and its globally renowned icons.


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Attributes

Occupancy
84.3%
Building class
A
Building area net
8,388 sm
NABERS
Exempt
Call for offers
10/15/2025

Media

Investment highlights

Surrounded by World-Class Amenities Steps from Barangaroo, The Rocks, the Walsh Bay Arts Precinct and Sydney CBD, Piers 8&9 offers unrivalled access to premium dining, hospitality, retail and cultural amenity – further enhanced by its connectivity to the Sydney Metro.


Unmatched Metro Connectivity Driving Rental Growth Just 300 metres from the new Barangaroo Metro Station, Piers 8&9 will enjoy unrivalled access along Sydney's 66km Metro network. The station is set to transform tenant demand and underpin rental growth.


Near Term Value Creation through Rental Reversion The short term WALE of 1.75 years provides the opportunity to reposition the asset by re-leasing to capture the strong rental reversions on offer. This also provides the opportunity to refurbish or redevelop to alternate use (subject to planning consent).


Move-In Ready with Quality Fit-Outs Large efficient floor plates with excellent natural light in a heritage setting. Including quality reusable fit-outs significantly reducing fit-out costs of tenants.


Iconic Sydney Harbour Position Commanding never-to-be-built-out views of Sydney Harbour and the Harbour Bridge, the waterfront setting delivers powerful tenant appeal and lasting competitive advantage.


Minimal Future Capex Over $13 million invested since 2018 has preserved and upgraded both the wharf structure and heritage building, ensuring excellent condition and minimal medium-term capital expenditure requirements.


A Truly Unique Offering Heritage assets with character are in high demand from tenants seeking distinctive workplaces to attract talent. With office vacancy in The Rocks and Walsh Bay plummeting, Piers 8&9's rich history and unique design set it apart as a rare offering.


ESG Brown to Green Strategy The building given its heritage nature is not required to be NABERS rated, however already provides some innovative design elements, with DA for solar now approved a pathway to 5.5 NABERS rating is achievable.



Piers 8/9. Walsh Bay 4_Property for Sale

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Last updated
Sep 30, 2025