Brookfield Buys Another Wynyard Site

The block at 36 Carrington Street sold for just under $20 million, sources for The Australian Financial Review reported.

Brookfield has recently acquired a number of of properties on the block, including 50 and 60 Carrington Street.

[tweet_dis]Using the government's unsolicited approvals process, Brookfield built another commercial skyscraper Wynyard Place[/tweet_dis], comprising a 27-storey premium grade office tower with 58,000sqm of lettable area. It will link the current financial district in the CBD with the new Barangaroo commercial precinct being developed by Lend Lease.

[tweet_box]Brookfield Office Properties has purchased another Sydney CBD block where it is set to build a $1 billion flagship project above Wynyard Train Station.[/tweet_box]The 10-storey office building at 36 Carrington Street is comprised of 2297sqm, fronting Carrington Street and backing onto Wynyard lane.

CBRE have been appointed to sell the 100 per cent freehold interest in the building with all leases containing demolition clauses as redevelopment may be considered in the future.

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