Walsh Bay & Millers Point's tenant base is anchored by media, advertising, creative agencies, professional services.

  • Tier: prime.
  • Tenant character: Boutique waterfront trophy stock.
  • Average rent: $78/sqft/yr.

Walsh Bay & Millers Point, Sydney tenant profile

Walsh Bay & Millers Point's tenant base is anchored by media, advertising, creative agencies, professional services.

TL;DR

  • Tier: prime.
  • Tenant character: Boutique waterfront trophy stock.
  • Average rent: $78/sqft/yr.

Who clusters here

Media, advertising, creative agencies, professional services.

What that means for newcomers

Newcomers to Walsh Bay & Millers Point should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

citySydney
submarketWalsh Bay & Millers Point
tierprime
averageRentLocal$78/sqft/yr
cityClassARentUsd$89/sqft/yr
cityVacancyPct12.6%

Frequently asked questions

What kind of tenants lease in Walsh Bay & Millers Point?
Media, advertising, creative agencies, professional services.

Related

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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