ESR Commercial Space Report November 2019

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Commercial Space Report No.1 November 2019


ESR Commercial Space Report

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State


ESR Commercial Space Report

Welcome We’re driven to help customers unlock potential, so we’ve introduced our Space reports to share the opportunities we have on offer. ESR Australia launched just over a year ago and we have been energetically expanding in this market. Backed by the largest logistics real estate group in the Asia-Pacific region, we’re inspired by the opportunities to help customers in Australia. We look forward to working with you to deliver solutions for your customers.

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New South Wales

ESR Commercial Space Report

• Unparalleled location • Large, flexible floorplates • 5 star NABERS Energy Rating and 5 Green Star Rating

CBD <1km

AIRPORT 13km

TRAIN 1min

Ground Office

600

POA

Jun 2020

Ground Retail

178

POA

Aug 2020

L1

1,150

POA

Aug 2020

L6

1,707

POA

Sep 2020

L7

1,702

POA

Sep 2020

L8

1,700

POA

Sep 2020

L9

1,699

POA

Jan 2021

L10

1,698

POA

Jan 2021

L11

1,075

POA

Jan 2021

L12

256

POA

Jan 2021

L13

427

POA

Jan 2021

BUS 1min Leasing Enquiries

4

Jamie Smith +61 414 868 345 jamie.smith@esr.com

Available

Rent (psm)

North Sydney is the northern extension of Sydney’s CBD. 73 Miller Street is situated on a prominent corner location directly adjacent to North Sydney railway station. 73 Miller Street is currently being transformed into a quality A-Grade office building with ground floor retail and 13 levels of office accommodation. The accommodation will benefit from expansive harbour and city views and comprise 3 levels of basement car parking.

Lettable Area (sqm)

73 Miller Street North Sydney NSW


CBD 17km

AIRPORT 29km

Rent (psm)

The property is situated within the sought after Northern Beaches suburb of Frenchs Forest, 17 kilometers north-west of the Sydney CBD and in close proximity to the new Northern Beaches Regional Hospital. Currently available within this property is a single level, ground level office tenancy with good parking and drop-off area, and courtyard access.

Lettable Area (sqm)

16 Rodborough Road Frenchs Forest NSW

Available

862

$260

Features

• Ground level office

Available

New South Wales

ESR Commercial Space Report

Mar 2020

• Good natural light • Direct exposure to Warringah Rd

BUS 1min Leasing Enquiries Alex Cable +61 418 290 998 alex.cable@esr.com

5


New South Wales

ESR Commercial Space Report

CBD 28km

AIRPORT 29km

TRAIN 10min

Available

695.10

$130

Features

• Refurbished modern office premises

Now

• Flexible fit-out in place • Secure undercover car parking

BUS 5min Leasing Enquiries

6

Available

Rent (psm)

Villawood is an established industrial precinct located approximately 28 kilometres west of the Sydney CBD and has good access to both the M4 and M5 motorways. The surrounding development consists predominantly of large manufacturing and factory type premises, along with smaller unit developments. The second floor office faces Mandarin Street.

Lettable Area (sqm)

44 Mandarin Street Villawood NSW

Fergus Adamson +61 415 784 898 fergus.adamson@esr.com


The property is situated within the sought after Northern Beaches suburb of Frenchs Forest, 17 kilometers north-west of the Sydney CBD and in close proximity to the new Northern Beaches Regional Hospital. An established business park containing warehouse and office accommodation. The current vacancy provides quality office accommodation.

CBD 17km

AIRPORT 29km

Available

Lettable Area (sqm)

Level 2 12a Rodbourgh Road Frenchs Forest NSW

Rent (psm)

New South Wales

ESR Commercial Space Report

Available

1,309

Features

• Goods and passenger lift access

$260

Now

• Ocean views • Parking for 178 cars

BUS 2min Leasing Enquiries Alex Cable +61 418 290 998 alex.cable@esr.com

7


Rent (psm)

The property is situated within the Riverside Corporate Park at North Ryde approximately 13 kilometres north-west of the Sydney CBD. The property provides open plan office accommodation on the upper floor with good natural light in a quiet secluded location.

Lettable Area (sqm)

Level 1, Suite 2 1 Lucknow Avenue North Ryde NSW Available

545

$340

Features

• 4 sides of natural light • High ratio of parking onsite • Fully refurbished 2016

CBD 13km

AIRPORT 29km

TRAIN 10min

BUS 3min Leasing Enquiries

8

Alex Cable +61 418 290 998 alex.cable@esr.com

Available

New South Wales

ESR Commercial Space Report

Now


Rent (psm)

The property is situated within the Riverside Corporate Park at North Ryde approximately 13 kilometres north-west of the Sydney CBD. The vacant tenancy provides open plan office accommodation with good natural light, and both on-grade and basement parking.

Lettable Area (sqm)

Building B, Level 2, Suite 1 12 Julius Avenue North Ryde NSW Available

395.90

$350

Features

• High ratio of parking onsite

Available

New South Wales

ESR Commercial Space Report

Now

• 600m to North Ryde train station • Onsite café

CBD 13km

AIRPORT 29km

TRAIN 5min

BUS 2min Leasing Enquiries Alex Cable +61 418 290 998 alex.cable@esr.com

9


CBD 21km

AIRPORT 19km

TRAIN 20min

Rent (psm)

The property is situated within the established industrial suburb of Chullora with easy access to major arterial roads including the Hume Highway, Stacey Street and M5 Motorway. The vacant office comprises 181.1 sqm of modern 1st floor office accomodation which has a functional fitout in place and good natural light. The premises has five dedicated undercover secure car spaces allocated.

Lettable Area (sqm)

Unit 7B 4 Brunker Road Chullora NSW Available

181.9

$280

Features

• Modern office premises

Now

• Flexible fit-out in place • Secure undercover car parking • Ample natural light

BUS 10min Leasing Enquiries

10

Available

New South Wales

ESR Commercial Space Report

Fergus Adamson +61 415 784 898 fergus.adamson@esr.com


The property is situated within the Lane Cove West Business Park precinct, an established location approximately 13 kilometres north west of the Sydney CBD. The office accommodation provides a range of refurbished self-contained suite sizes, all with good natural light and leafy outlook.

CBD 13km

AIRPORT 25km

TRAIN 30min

BUS 2min

Available

Lettable Area (sqm)

18-20 Orion Road Lane Cove NSW

Rent (psm)

New South Wales

ESR Commercial Space Report

Level 3 Suite 1

417.60

$315

Now

Level 3 Suite 2

131.60

$320

Now

Level 7 Suite 2

140.00

$320

Now

Level 7 Suite 4

119.70

$320

Now

Level 7 Suite 5

113.20

$320

Feb 2020

Level 8 Suite 2

133.90

$320

Mar 2020

Level 8 Suite 3A

218.20

$315

Now

Level 8 Suite 4

190.90

$320

Now

Features

• 3 Star NABERS Energy Rating • 310+ car spaces over three levels of basement and part open air • Onsite childcare centre

Leasing Enquiries Alex Cable +61 418 290 998 alex.cable@esr.com

11


Victoria

ESR Commercial Space Report

Wellington Place 254 Wellington Road Mulgrave VIC Wellington Place is a contemporary, new commercial development located in the emerging business precinct of Monash. Stage 1 is an eightstorey office building and nine-storey security carpark, with Nissan Australia committed to the lower five levels. The estate provides unbeatable access to major transport arterials such as East Link and the Monash Freeway.

Total

17,500 sqm

Available

5,850 sqm

Date available

Q3 2020

Features

• Typical floor 1,950 sqm • Views to Port Philip Bay and the Dandenongs • Up to 350 car parking spaces

CBD 22km

AIRPORT 40km

BUS 1min Leasing Enquiries

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Yasemin Ozbey +61 401 901 375 yasemin.ozbey@esr.com


Victoria

This business park is located is in the Monash Technology precinct, within easy access of Monash Freeway and Eastlink. Offering onsite parking, cafes, childcare centre, and end of trip facilities, it is a premium building in a prime location.

Available

Lettable Area (sqm)

Wellington 2 eleven 211 Wellington Road Mulgrave VIC

Rent (psm)

ESR Commercial Space Report

Level 1

877

$310

Now

Level 2

377

$310

Now

Features

• 5 Star NABERS energy rating • 2,000 sqm floor plate • Fully fitted office including 175 workstations

CBD 22km

AIRPORT 40km

BUS 1min Leasing Enquiries Yasemin Ozbey +61 401 901 375 yasemin.ozbey@esr.com

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CBD 20km

AIRPORT 44km

TRAIN 25min

Rent (psm)

Positioned within the Monash Technology precinct in the established industrial commercial suburb of Mount Waverley. This corporate style, fully fitted office sits within a modern multi-unit office and warehouse estate. Situated on the first floor at the front of the premises, the office benefits from excellent natural light.

Lettable Area (sqm)

Building A, Suite 1.01 18–24 Ricketts Road Mt Waverly VIC Available

652.70

$230

Features

• 50 workstations

Now

• Multiple offices, breakout area and boardroom • Generous number of parking spaces available

BUS 8min Leasing Enquiries

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Available

Victoria

ESR Commercial Space Report

Vito Salvagio +61 410 069 913 vito.salvagio@esr.com


Richlands is an established industrial suburb located 20 km south west of the Brisbane CBD. The property is located adjacent to the Centenary Motorway and is also within easy reach of the Logan Motorway. The property is a multi-tenanted estate comprising of five freestanding industrial buildings and one two-level office building.

CBD 20km

AIRPORT 37km

Rent (psm)

Lettable Area (sqm)

Unit 6B 848 Boundary Road Richlands QLD Unit 6B

1,061

Features

• Excellent natural light

$175

Available

Queensland

ESR Commercial Space Report

Now

• 3 Star NABERS Energy Rating • NBN connected onsite

BUS 10min Leasing Enquiries Jade Makmur +61 432 455 823 jade.makmur@esr.com

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Western Australia

ESR Commercial Space Report

CBD 9km

AIRPORT 22km

Unit 10

151

$290

Now

Unit 11

157

$290

Now

Features

• Single level commercial building • Large glass frontage • Flexible tenancy lay-out

BUS 8min Leasing Enquiries

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Jade Makmur +61 432 455 823 jade.makmur@esr.com

Available

Rent (psm)

The property is located in the established residential and commercial suburb of Mirrabooka within easy reach of the Reid Highway. Comprising of a single storey freestanding office accommodation, which is currently divided into five tenancies, there is also a large car parking area with space for circa 120 cars.

Lettable Area (sqm)

24 Chesterfield Road Mirrabooka WA


ESR Commercial Space Report

Contacts

Jamie Smith

Alex Cable

Portfolio Manager — +61 414 868 345 jamie.smith@esr.com

Portfolio Manager — +61 418 290 998 alex.cable@esr.com

Fergus Adamson

Yasemin Ozbey

Portfolio Manager — +61 415 784 898 fergus.adamson@esr.com

Head of New Business (VIC, SA & WA) — +61 401 901 375 yasemin.ozbey@esr.com

Vito Salvagio

Jade Makmur

Asset Manager — +61 410 069 913 vito.salvagio@esr.com

Asset Manager — +61 432 455 823 jade.makmur@esr.com

Rob Ewing General Manager, Asset Management — +61 402 999 494 robert.ewing@esr.com

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ESR Commercial Space Report

Commercial Properties Property

Space available

Contact

73 Miller Street North Sydney NSW

Jamie Smith +61 414 868 345 jamie.smith@esr.com

16 Rodborough Road Frenchs Forest NSW

862 sqm

Alex Cable +61 418 290 998 alex.cable@esr.com

44 Mandarin Street Villawood NSW

695.10 sqm

Fergus Adamson +61 415 784 898 fergus.adamson@esr.com

Level 2 12a Rodbourgh Road Frenchs Forest NSW

1,309 sqm

Alex Cable +61 418 290 998 alex.cable@esr.com

Level 1, Suite 2 1 Lucknow Avenue North Ryde NSW

545 sqm

Alex Cable +61 418 290 998 alex.cable@esr.com

Building B, Level 2, Suite 1 12 Julius Avenue North Ryde NSW

395.90 sqm

Alex Cable +61 418 290 998 alex.cable@esr.com

Unit 7B, 4 Brunker Road Chullora NSW

181.9 sqm

Fergus Adamson +61 415 784 898 fergus.adamson@esr.com

18-20 Orion Road Lane Cove NSW

Level 3 Level 3 Level 7 Level 7 Level 7 Level 8 Level 8 Level 8

Wellington Place 254 Wellington Road Mulgrave VIC

5,850 sqm

Wellington 2 eleven 211 Wellington Road Mulgrave VIC

Level 1 Level 2

Building A, Suite 1.01 18–24 Ricketts Road Mt Waverly VIC

652.70 sqm

Vito Salvagio +61 410 069 913 vito.salvagio@esr.com

Unit 6B 848 Boundary Road Richlands QLD

1,061 sqm

Jade Makmur +61 432 455 823 jade.makmur@esr.com

24 Chesterfield Road Mirrabooka WA

Unit 10 Unit 11

18

Suite 1 Suite 2 Suite 2 Suite 4 Suite 5 Suite 2 Suite 3A Suite 4

417.60 sqm 131.60 sqm 140.00 sqm 119.70 sqm 113.20 sqm 133.90 sqm 218.20 sqm 190.90 sqm

Alex Cable +61 418 290 998 alex.cable@esr.com

Yasemin Ozbey +61 401 901 375 yasemin.ozbey@esr.com 877 sqm 377 sqm

151 sqm 157 sqm

Yasemin Ozbey +61 401 901 375 yasemin.ozbey@esr.com

Jade Makmur +61 432 455 823 jade.makmur@esr.com


ESR Commercial Space Report

19


esr.com

Disclaimer: The information in this document has been prepared by ESR Real Estate (Australia) Pty Ltd ABN 64 625 761 962 (ESR) and is subject to change at any time without notice.


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