Sydney has a ghost office tower even in record tight vacancy

Currency House, a 15-storey office tower at 23 Hunter Street in central Sydney, has remained empty for three months despite a record-low vacancy in the CBD.

Occupants of the strata-owned office building had to evacuate after flooding in the basement caused by damage to an underground water main destroyed the building’s main electrical board.

While hopes are for a return to the building late this month or early next month, tenants and users of the building do not know when they will be able to return.

“At this stage, work continues to the building; we hope to be in a position to reopen the 23 Hunter Street branch again as soon as possible once building works are complete,” said a spokesman for NAB. “In the interim, NAB customers are being directed to the nearby NAB on George Branch at 333 George Street or 130 Pitt Street branch.”

Image source: Mark Merton 

Article source: https://www.afr.com/real-estate/sydneys-ghost-office-tower-even-in-record-tight-vacancy-20180806-h13mly


Ray White’s top 10 listings for August: (Click on the address to view listing)

Part 13, 131 Macquarie Street SYDNEY

Part 4, 15 Castlereagh Street SYDNEY

Lower Ground, Shop 2, 88 Pitt Street SYDNEY

Suite 13.01, 84 Pitt Street SYDNEY

Levels 1-8, 283 Clarence Street SYDNEY

Level 19, 68 Pitt Street SYDNEY

1001, 67 Castlereagh Street SYDNEY

Suite 701, 109 Pitt Street SYDNEY

Part 3, 15 Lime Street SYDNEY

Suite 903, 46 Market Street SYDNEY