Bvlgari

64-68 Castlereagh Street, Sydney, NSW, 2000, AU

Asset Description

JLL is pleased to present for sale 64-68 Castlereagh Street, Sydney, a once-in-a-cycle opportunity to acquire the landmark Bvlgari flagship store in the heart of Australia’s most coveted luxury retail precinct.

Located in an unrivalled position in the heart of Sydney’s luxury precinct, where heritage meets haute couture, 64-68 Castlereagh Street offers enduring prestige in an irreplaceable position.

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Attributes

Building area net

947 m²

Occupancy

100%

Tenants

Bvlgari

Media

Investment Highlights

Investment highlights include:

Unparalleled Investment Rarity - One of Sydney’s most tightly held real estate precincts, dominated by owner occupiers and generational holders of prime real estate. One of just ten properties to change hands in this tightly held precinct since 2001.
Unrivalled Centre of Luxury Retail - Occupying an unrivalled position with 20m of prime frontage in the heart of Australia’s premier luxury retail precinct.
Elite Blue-Chip Investment – Fully leased to Bvlgari, a globally iconic luxury brand backed by LVMH, the world’s foremost luxury conglomerate, offering an AA-rated, bond-like investment.
Realised Growth with Future Potential - Attractive lease structure with built-in annual rent reviews substantially above inflation, providing consistent growth. An additional unique market review in 2028 providing scope to meet the new demands of the precinct.

Bvlgari presents an exceptional opportunity to secure a flagship asset in Sydney’s most exclusive retail location, combining global prestige with compelling income growth potential.

The property is being offered for sale via International Expressions of Interest closing Tuesday, 22 July at 4pm (AEST).

In conjunction with Cushman & Wakefield.

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