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August 22, 2024
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33 Berry St, North Sydney
33 Berry St, North Sydney
 |
Client | ACU |
 |
Budget | Circa $90m |
 |
Services | Property Advisory |
 |
Sector | Education |
 |
Scope | New Build |
Service Provided
Property Advisory
Project Details
On behalf of its client Australian Catholic University,
Spectrum completed the acquisition of the 13,000sqm
building via an On-market transaction. The circa $90+
million purchase was managed by Spectrum from initial
client brief, site identification, due diligence and purchase
transaction.
Overview & Approach
- To support the increased student numbers resulting from the expansion of the College, the catering facilities were replaced to meet future demand and provide upgraded facilities .
- The new facility addresses all functional issues including capacity, circulation, storage, equipment quality and capacity, ventilation, safety and finishes. It also includes replacement of the existing roof and a new lift to address access issues in the building.