



CBRE and JLL are proud to present a 100% freehold interest in 50 Pitt Street, Sydney – a high-quality repositioned office asset occupying a prominent corner site within the tightly held financial precinct, where ownership is rarely traded. - 100% Freehold Interest - Exceptionally rare opportunity to acquire a 100% freehold office asset within Sydney’s CBD core, Australia’s most in-demand office precinct, surrounded by the country’s iconic office towers and the headquarters of world-class corporations. - One of Only Five - One of only five freehold corner office buildings of approximately 10,000sqm in Sydney's CBD, with an average ownership tenure of approximately 17 years, underscoring the scarcity of the offering. - Prime Corner Position with Three Street Frontages - Significant exposure to Pitt Street, Bridge Street and Macquarie Place, with active street-level activation anchored by Da Michele’s outdoor dining area. - Strong Retail Amenity & Diversified Income - Now home to two of the world’s most celebrated Italian food institutions (Da Michele and All’Antico), with retail contributing approximately 11% of gross passing income. - Exceptional Connectivity & Amenity - Benefitting from over $15 billion of infrastructure investment, including the Hunter Street Sydney Metro Station (2032) and the Circular Quay Wharfs Upgrade (2028). - Significant Supply Constraints - ~78,600sqm of stock withdrawals in the precinct will limit tenant options and accelerate rental growth, with 50 Pitt Street’s small-suite profile uniquely positioned to capture this upside. - Near-Term Rent Reversion Potential - A WALE of 2.89 years (as at 1 August 2026) provides near-term access to rental reversion, timed to align with Sydney CBD's forecast period of peak supply constraint and rental growth. - Potential Value-Add Opportunity - Existing development approval history for reconfiguration, together with the potential to deliver an additional approximately 410sqm of NLA through conversion of the Level 16 plant area. - Proven Repositioning Success - A comprehensively repositioned asset achieving strong tenant demand and market-leading occupancy, with limited competing quality stock driving continued rental growth. A 100% freehold interest in 50 Pitt Street, Sydney, is offered for sale via International Expressions of Interest (EOI), closing at 4:00pm (AEST) on Thursday, 3 September 2026.
CBRE - Sydney
Level 21, 363 George Street, Sydney, NSW
Property ID: 505196040
Original Property ID: 505196040