182 Blues Point Road

182 Blues Point Road

A rare fully leased harbour-view commercial asset acquired for defensive income, tenant diversity, and long-term North Sydney market fundamentals.

Commercial Acquisition McMahons Point Fully Leased

Location

McMahons Point, NSW

Asset Type

Commercial office building

Scale

4,328 sqm NLA over 8 storeys

Occupancy

100% leased at acquisition

A rare harbour-view commercial acquisition.

182 Blues Point Road was acquired as a fully leased, income-producing asset with strong location fundamentals and a diversified tenant base.

$54.5M Acquisition price
Feb 2026 Acquisition date
4,328 sqm Net lettable area
8 Storeys
100% Leased at acquisition
3.3yr WALE

Income resilience in a tightly held location

182 Blues Point Road represented a rare opportunity to acquire a fully leased commercial building with harbour views and strong North Sydney fundamentals.

The acquisition was underpinned by tenant diversity, defensive income, and the long-term appeal of McMahons Point.

Acquisition Rationale

The asset was acquired for $54.5 million in February 2026 as a rare fully leased commercial property in a tightly held harbour-side location.

The investment rationale centred on stable income, tenant diversity, and long-term confidence in the North Sydney and McMahons Point office market.

The building comprises approximately 4,328 sqm of net lettable area across eight storeys and was 100% leased at acquisition.

A diversified base of nine tenants and a 3.3 year WALE provided a defensive income profile from day one.

182 Blues Point Road

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A visual snapshot of the project and its built outcome.

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