ISPT offers $600m-plus office portfolio

ISPT has listed four east coast office investments.

The priciest, 100 Pacific Highway, North Sydney, carries $400-$450 million expectations.

Developed 20 years ago, the 18 level tower contains 22,401 square metres of A-grade area.

CBRE is the marketing agency.

The second major property, Brisbane’s 100 Creek St – rising 24 storeys and with 20,228 sqm of B-grade space, is expected to trade for $150-$200m; Cushman & Wakefield are the brokers (story continues below).

The Brisbane office carries $150-$200m price hopes.

Two smaller assets, in North Ryde – 1 Julius Ave, with 14,038 sqm of lettable area and 2 Julius Ave (7,7170 sqm) – will be marketed via Knight Frank and CI Australia.

The vendor is expected to tip $300m into refurbishing Core Fund properties – 500 Bourke St, in Melbourne, and Sydney’s 477 Pitt St.

ISPT is presently constructing a 32-level vertical campus for Victoria University, again in the Victorian capital.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of