Commercial Property
Australian based commercial property transactions held as part of Barana’s commercial portfolio.
1 Elizabeth Plaza,
North Sydney
- Acquired in 1996 with a net lettable area of approximately 9,000 sqm
- Located in the centre of the North Sydney central business district
FEATURED CASE STUDY
REVY Site, 38-42 Pirrama Road, Pyrmont
The REVY (Royal Edward Victualling Yard) site was acquired by 3 joint venture partners (including Barana) in 2003 as part of the Commonwealth Government property disposal program. Since acquisition, two of the three buildings on the site have been leased to a major television network under a long term lease.
The third building will shortly be redeveloped to take advantage of its unique waterfront location , as a residential apartment block.
185 Elizabeth St,
Sydney
- Acquired in 1996
- Net lettable area in excess of 7,000 sqm
- Located in the heart of Sydney's central business district, with dual frontages to both Elizabeth and Castlereagh Streets
17 Castlereagh St,
Sydney
- Aquired in October 1997
- Net lettable area of approx. 4,750 sqm
- This building is located immediately adjacent to Martin Place in Sydney which is the hub of the central business district
- The property was extensively refurbished following its acquisition to the standard of a new Grade A office building
189 Kent St,
Sydney
- The Freehold interest in this property was acquired in December 2002
- Located in the western corridor forming part of the CBD of Sydney
- The property enjoys excellent harbour views and in the long term is suitable for redevelopment either as a commercial building or residential apartments
61 Lavender St,
Milsons Point
- Purchased in March 2000
- Net lettable area of approx. 10,000 sqm
- Located in the residential suburb of Milsons Point, overlooking Sydney Harbour and adjoining the North Sydney CBD
- This property has been earmarked for residential development. As part of this process all approvals have been obtained for the conversion of the building into 92 residential apartments
59-75 Grafton St,
Bondi Junction
- Acquired in March 2000
- Net lettable area of 4,700 sqm
- The property is located in the commercial centre of Bondi Junction in the eastern suburbs of Sydney and has performed strongly since its acquisition
REVY Site,
38-42 Pirrama Rd, Pyrmont
- This property was acquired in mid 2003
- Located on the waterfront in the Darling Harbour area, to the west of the Sydney CBD
- Has been rezoned so as to permit residential development
165-167 Phillip St,
Sydney
- This property was acquired in June 2013
- Lettable area of approximately 10,000sqm
- Partly occupied by the travelodge hotel and the NSW rugby club with the surplus space proposed to be redeveloped as office space
42-44 Pitt St,
Sydney
- This property was acquired in June 2011
- A niche office building in a prime location
- The property is leased to Asset Insure
Portfolio
2-6 Cavill Ave,
Ashfield
- Acquired in July 2015
- Lettable area of approximately 10,619 sqm
- The property is located 12kms from the Sydney CBD in the suburb of Ashfield
- Leased to the NSW Government
