Sydney’s first skyscraper is back in business

Like its neighbour Quay Quarter Tower, 33 Alfred Street is a shining example of adaptive re-use. While its heritage charm has been preserved, the floors, golden façade and building services have been modernised.

Ross Du Vernet, Group Chief Executive Officer and Managing Director, Dexus said: “As the development manager and co-owner of 33 Alfred Street, it has been our privilege to bring this landmark back to life. The reopening of 33 Alfred Street begins a new chapter for this iconic building as a modern, sustainable workplace for more than 2,500 Sydneysiders.”

Scott Mosely, Chief Executive Officer, Funds Management, Mirvac said: “The transformation of 33 Alfred Street is an example of our commitment to exceptional quality assets with a focus on sustainable design and long-term investment performance. A Sydney icon for over 60 years, this transformation will ensure 33 Alfred Street remains a Sydney landmark into the future.”

About the development

On the steps of Circular Quay, 33 Alfred Street holds a special place in Sydney’s history. Since its inauguration by Prime Minister Sir Robert Menzies in 1962 as Australia’s tallest building at the time, it has stood as a testament to the city’s post-war growth, architectural innovation and as a hub for business and commerce. 

The building has been transformed into a state-of-the-art office tower spanning around 32,000 square metres. The 26-storey building has been modernised and brought to a Premium grade standard. The re-use of the existing structure minimises landfill waste and extends the lifecycle of the building. The building has been redeveloped to achieve 5.5 star NABERS Energy rating for the base building and a 6-Star Green Star – Office As Built v3 rating.

33 Alfred Street’s original heritage charm and distinctive design features were retained, with the building’s iconic golden façade upgraded using 5,000 specially designed panels, increasing natural light, reducing glare and enhancing views of Sydney Harbour. The building’s restoration was delivered by Dexus as the development manager and Australian-owned contractor Built.    

The re-opening of 33 Alfred Street, which is co-owned by Dexus Wholesale Property Fund and Mirvac Wholesale Office Fund, marks the completion of the Quay Quarter Sydney precinct which also features the award-winning Quay Quarter Tower and Quay Quarter Lanes. Together, these offer city visitors access to more than 35 cafes, bars, specialty restaurants, casual dining options and lifestyle, health and wellbeing outlets.