North Sydney Commercial Property News

Major developers are jostling to build a new office tower in North Sydney that could be worth about $330 million with the contest for the site drawing interst from heavyweights including US group Hines and local player Primewest.

For years it has been a part of North Sydney’s cherished retail history – now it could become part of its dynamic future. 

Sydney’s office tower boom is spreading through the city after a series of big-ticket deals in the central business district and an Asian investor swooping on a North Sydney office block for about $115 million in the latest play.

Media company Nine Entertainment Co has locked in a deal to consolidate its operations at its new headquarters in a $1 billion skyscraper in North Sydney.

Investment company Harrington Property has swooped on the Greenwood Artarmon childcare centre in northern Sydney in a $14.8 million deal.

A major luxury retailer could be destined to create a Sydney flagship store at the new Chatswood Rose building at Roseville in Sydney’s inner north.

The listed CC Land Holdings, the Hong Kong-based firm controlled by Chinese property magnate Cheung Chung-kiu, has quietly emerged as one of the canniest investors in Australia’s most recent office property cycle.

The Nine Network’s Willoughby studios is back on the market — two months after receiving approval for a 460-apartment development.

The Novotel Norwest in Sydney’s outer northern suburbs is to be upgraded and rebranded the Rydges Norwest Sydney from April 2.