5 Martin Place, Sydney. NSW

5 Martin Place occupies a highly prominent location at the corner of Martin Place and Pitt Street in Sydney's CBD.  Martin Place enjoys a rich history as a core financial precinct within Australia's financial markets and is currently home to an array of financial groups.

The development has repositioned the existing asset by way of a major reconfiguration of the existing 'heritage' component, the construction of an additional nine levels of premium office accommodation and the restoration of the historic Rowe Street laneway.

The building provides approximately 33,860 sqm of NLA. Floor plates from the ground level to level 10 provide approx. 2,400 sqm (NLA), while new levels 11 to 19 each provide approx. 1,090 sqm (NLA).

The heritage component (ground level to level 10) is extensively modernised while retaining its distinctive features, including the sandstone facades, marble lobbies and interconnecting staircases. The original internal 'light well' has been reinstated to form a central atrium that rises from level 1 up through to level 11.

The building features a high level of environmental credentials, targeting a minimum 5 Star Green Star office design rating.  Provisions for tenant 'end of trip' facilities (bicycle storage, shower and lockers) are also included.

Fast Facts

  •  Property Type: Office 
  •  Scale: 33,860sqm
  •  Website: www.5MartinPlace.com.au
  •  Completion: 2015
  •  Partner(s): Dexus
  •  Major Tenant(s): Ashurst & Challenger
  •  Builder(s): Grocon
  •  Architect(s): Johnson Pilton Walker
  •  Portfolio: Other similar properties
  •  Environmental: 5 Star Green Star Office Design & 5 Star NABERS Energy



Ashurst to move office

Leading law firm Ashurst will move its Sydney offices out of Grosvenor Place to the redeveloped “money box” in Martin Place.

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Delays hamper Money Box deal

Commonwealth Property Office Fund’s hopes of executing a swift leasing deal with the international law firm Ashurst are fading as negotiations become bogged down over a potential delay to the company’s new headquarters at 5 Martin Place.

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Melbourne slowing: Cbus

A little reluctantly, Cbus Property chief executive Adrian Pozzo agrees that Melbourne’s development market is finally slowing.

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CBA set to move to Docklands tower

Commonwealth Bank of Australia is close to a move to developer Lang Walker’s $1.3 billion Collins Square project in the Docklands area of Melbourne, after shunning an alternative proposal to expand in the city’s central business district.​

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Green revamp in Martin Place

Another key property in Sydney’s financial heart is set for an overhaul, as Pembroke Real Estate prepares to spend $93 million redeveloping its 20 Martin Place tower, with a focus on sustainable design features.

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Sydney poised to ‘take off’

The head of Australia’s largest private construction and development group, Grocon, believes the NSW economy is poised for a lift and the group has two major Sydney office projects in its sights.

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2017 Excellence in Commercial Development Winner, UDIA National Awards for Excellence

Awarded By: Urban Development Institute of Australia (UDIA)

2017 President’s Award Winner, UDIA National Awards for Excellence

Awarded By: Urban Development Institute of Australia (UDIA)

2016 Australian Steel Institute Award for Steel Excellence In Buildings - Large Projects

Awarded By: Urban Development Institute of Australia (UDIA), Australian Steel Institute (ASI) National Awards

2016 NSW Government Green Globe Award

Awarded By: NSW Government .

2016 Winner Urban Development at Australia's 2016 Development Excellence Awards

Awarded By: Urban Taskforce of Australia

2016 Winner Excellence in Commercial Development

Awarded By: Urban Development Institute of Australia (UDIA) NSW Meriton Awards for Excellence

2016 Winner Adaptive Reuse at the National Trust Heritage Awards

Awarded By: National Trust

2016 Multiple Awards at NSW Architecture Awards

Awards: 2016 Commercial Architecture Award, 2016 Greenway Award for Heritage & 2016 Lloyd Rees Award for Urban Design

Awarded By: Australian Institute of Architects

2016 Multiple National Awards

Awards: Commercial Architecture National Award and Heritage National Award

Awarded By: Australian Institute of Architects

2016 Urban Development Institute of Australia (UDIA) NSW President’s Award

Awarded By: Urban Development Institute of Australia (UDIA).  Personally selected by UDIA's President as the best-of-the-best project based on its superior innovation and quality



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