101-103 Miller Street and Greenwood Plaza

101-103 Miller Street and Greenwood Plaza is an iconic integrated development comprising a 28-storey Premium Grade office tower, a 2-storey office building and a 3-storey retail centre. The retail centre offers high quality urban retailing and convenience options to the North Sydney workforce, resident and student populations. Strategically located in the North Sydney CBD, the integrated development is directly connected to North Sydney Train Station and located in close proximity to the Victoria Cross Metro.

PROPERTY INFORMATION
All information as at 31 December 2024 unless otherwise stated.
Address
101 - 103 Miller Street & 36 Blue Street, North Sydney, New South Wales
Land Tenure
Freehold
Co-Owners' Interests
CICT: 50.0%
Mirvac Commercial Trust: 50.0%
Number of Tenants
80
NLA (sq ft)
Office: 402,500
Retail: 96,000
Total: 498,500
Year of Purchase
2022
Purchase Price (A$ Million)
422.0 1
Valuation (S$ million)
282.7 2
Valuation (A$ million)
326.0
Carpark Lots
525
Bicycle Lots
170
Top 3 Tenants By Gross Rental Income 3
  • Allianz Australia Services Pty Limited
  • Chubb Insurance Australia Limited
  • Commonwealth of Australia represented by the Attorney General’s Department
Green Ratings 4
  • 5 Star NABERS Energy
  • 4.5 Star NABERS Water
  • 4 Star NABERS Indoor Environment
  • 3 Star Green Star
1
Includes an A$7.0 million rental guarantee (RG) granted by the vendor. The RG amount was deducted from the purchase consideration and does not have an effect on distributions of CICT as no distributions were made on the RG amount.
2
Based on an exchange rate of A$1 to S$0.902 as at 31 December 2023 and A$1 to S$0.867 as at 31 December 2024.
3
Based on gross rental income for the month of December 2024 which excludes gross turnover rent.
4
Only 101 Miller Street is NABERS rated. 103 Miller Street and Greenwood Plaza achieved 3 Star Green Star in FY 2024
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