126 Phillip Street, Sydney, NSW 2000 | Property Value & History | OnTheHouse
 
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126 Phillip Street
Sydney NSW 2000

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Property Details for 126 Phillip St, Sydney

Building Type
Commercial
Local Government
Sydney
Lot/Plan
11/DP1104742

Last Listing description (December 2023)

Award Winning Premium Office With Commanding Views

600m to 1,600m vacancies available.

With stunning views across Sydney Harbour and the Royal Botanic Gardens, Deutsche Bank Place at 126 Phillip Street is an iconic Australian office building, providing top tier businesses with Premium office space and an exceptional location.


Located at the top end of Hunter Street in the prestigious Northeastern end of the CBD, this 41,376m2, Norman Foster designed tower is readily accessible by car and all public transport options. Featuring a unique external services side core, the building offers column-free floor plates of 1,444m.

The tower boasts a 5-Star NABERS Energy rating and a spectacular ground floor atrium with high quality food and beverage offerings and convenient retail. The building provides tenants with showers, lockers, bike racks, a childcare centre and attractive outdoor areas.

Areas Available for Lease:

Refurbished, column free, commercial area of 600m to 1,600m of premium grade office space will become available for lease in this tightly held building. The floors feature access floors, LED lights with organic response lighting controls, harbour and city views.
Namely:

+ Whole Level 11 (Low Rise). Available NOW
+ Whole Level 17 (Mid Rise). Available mid 2023

*Owners may consider subdivision

For further details or to arrange an inspection contact: SB Property Consulting
Sarah Ballhausen
M: 0419 274 762

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Property History for 126 Phillip St, Sydney, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$7,000,000
01 Nov 1996
  • 23 May 2023
    Listed for Rent - Price not available
  • 05 May 2023
    Listed for Rent - Price not available
  • 21 Apr 2022
    Listed for Rent - Price not available
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About Sydney 2000

The size of Sydney is approximately 3.0 square kilometres. It has 16 parks covering nearly 33.5% of total area. The population of Sydney in 2016 was 17252 people. By 2021 the population was 16667 showing a population decline of 3.4% in the area during that time. The predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sydney work in a professional occupation.In 2021, 24.20% of the homes in Sydney were owner-occupied compared with 29.10% in 2016.

Sydney has 24,325 properties. Over the last 5 years, Houses in Sydney have seen a -6.95% decrease in median value, while Units have seen a 4.32% increase. As at 30 November 2025:

  • The median value for Houses in Sydney is $1,566,673 while the median value for Units is $1,111,501.
  • Houses have a median rent of $850 while Units have a median rent of $995.
There are currently 169 properties listed for sale, and 293 properties listed for rent in Sydney on OnTheHouse. According to Cotality's data, 665 properties were sold in the past 12 months in Sydney.

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