Barangaroo’s ‘bird nest’ hits the market

“Location and design are two key elements in creating great places that people are drawn to. This building has both – a distinctive design and a prime address on the waterfront at Barangaroo,” Mr Burton added.

CBRE director James Parry, who has been engaged to sell the building, said it was a “trophy asset” ideally suited to high net worth individuals, both locally and internationally.

“Located in the buzzing Barangaroo South precinct, facing the harbour and enjoying uninterrupted views from every floor, 35 Barangaroo Avenue represents an opportunity to invest in a well-positioned iconic asset,” Mr Parry said.

During the second half of 2018, Lendlease sold off 10 per cent of its stake in One International Towers, which it developed in 2015, with the developer now holding only a 2.5 per cent interest in the building.

Just down the road from Barangaroo House, on the doorstep of Barangaroo, two office buildings at 10 and 12 Shelley Street in King Street Wharf sold in a massive $804 million deal at the end of last year.

Leased to Suncorp and Amex, the only two freehold office buildings in the precinct were sold by Canadian giant Brookfield to commercial property fund manager Charter Hall.

Once complete, the precinct of Barangaroo will be home to more than 23,000 workers and residents.

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