ESR Commercial Space Report May 2020

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Commercial Space Report No.5 May 2020


ESR Commercial Space Report

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State


ESR Commercial Space Report

Welcome This month marks the launch of ESR Australia's website. Here you can stay up-to-date with our commercial opportunities, as well as our company updates and developments. We look forward to working with you to deliver solutions for your customers.

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New South Wales

ESR Commercial Space Report

CBD <1km

AIRPORT 13km

TRAIN 1min

Ground Office

600

POA

Jun 2020

Retail

178

POA

Jun 2020

L1

1,150

POA

Jun 2020

L6

1,707

POA

Jun 2020

L7

1,702

POA

Jun 2020

L8

1,700

POA

Jun 2020

L9

1,699

POA

Jun 2020

L10

1,698

POA

Jun 2020

L11

1,075

POA

Jun 2020

L12

256

POA

Jun 2020

L13

427

POA

Jun 2020

BUS 1min Leasing Enquiries

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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


New South Wales

ESR Commercial Space Report

Sublease

Available

678

$626.43

Features

• Head lease expiry - 28 Feb 2022

Available

Rent (psm)

This property is located in the prestigious Jones Bay Wharf precinct in Pyrmont. Just 3km from Sydney CBD, the office has a generous balcony with both city and harbour views. With three parking bays onsite and high-quality fit-out, this building has great natural light making it an ideal office space

Lettable Area (sqm)

Jones Bay Wharf, Suite 59, 26-32 Pirrama Road, Pyrmont NSW

Now

• 3 car spaces • Quality fit-out • Ready for occupation • Large external deck with harbour views

CBD 3km

AIRPORT 8.7km

TRAIN 4min

BUS 1min Leasing Enquiries Jamie Smith +61 414 868 345 jamie.smith@esr.com

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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 modern second floor office comprises open plan functional fit-out with good levels of natural light from two sides of the building. The property benefits from two new passenger lifts as well as refurbished bathrooms and lobbies.

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, The location benefits from close proximity to new Northern Beaches Regional Hospital. The current vacancy provides quality office accommodation.

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

CBD 17km

AIRPORT 29km

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

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Rent (psm)

The property is situated within the Riverside Corporate Park at North Ryde. 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

CBD 13km

AIRPORT 29km

TRAIN 10min

BUS 3min Leasing Enquiries

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

Available

New South Wales

ESR Commercial Space Report

Now


The property is situated within the Riverside Corporate Park at North Ryde. The vacant tenancy provides open plan office accommodation with good natural light and both on-grade and basement parking.

Available

Lettable Area (sqm)

12 Julius Avenue North Ryde NSW

Rent (psm)

New South Wales

ESR Commercial Space Report

Building A, Ground Level

434

$350

Now

Building A, Level 1 & 2

2551

$350

August 2020

Building B, Ground Level

1055.9

$350

Now

Building B, Level 1

1153.6

$350

Now

Building B Level 2

396

$350

Now

Features

• High ratio of parking onsite • 600m to North Ryde train station

CBD 13km

AIRPORT 29km

TRAIN 5min

• Onsite café

BUS 2min

• 5 Star NABERS energy rating

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

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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 modern first floor office accommodation provides a functional fit-out and ample 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

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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. 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

Now

Level 8 Suite 2

133.90

$320

Now

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

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New South Wales

ESR Commercial Space Report

CBD 15km

AIRPORT 27km

TRAIN 10min

Level 6, Suite 1

980.1

$395

Now

Level 8, Suite 1

787.5

$395

Now

Features

• Best parking ratio in Macquarie Park • Flexible lease terms on offer • Onsite café

BUS 1min Leasing Enquiries

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Available

Rent (psm)

The property is located within walking distance to the Macquarie Park Metro Station and the Shopping Centre. The building provides quality office accommodation and was recently upgraded with refurbishment to each lobby and the end of trip facility. The property provides a relaxed campus style environment shared with an array of large corporates.

Lettable Area (sqm)

15 Talavera Road Macquarie Park NSW

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


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 (under construction) • Cafe 251 sqm (under construction)

Date available

Q3 2020

Features

• Brand new 5 star NABERS A-grade office building with excellent exposure • Large flexible floor plates of 1,950 sqm NLA available • Top three contiguous floors available offering excellent district views to Port Phillip bay • Up to 350 carspaces available

CBD 22km

AIRPORT 40km

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

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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.

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

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Available

Lettable Area (sqm)

Wellington 2 eleven 211 Wellington Road Mulgrave VIC

Rent (psm)

ESR Commercial Space Report

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


Situated on the first floor at the front of the premises, the office benefits from excellent natural light.

CBD 20km

AIRPORT 44km

TRAIN 25min

Rent (psm)

Positioned within the Monash Technology precinct in the established industrial commercial suburb of Mount Waverley.

Lettable Area (sqm)

Building A, 18-24 Ricketts Road Mt Waverly VIC 1.01

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


Victoria

ESR Commercial Space Report

The available spaces are flexible enough to be further split or leased as one contiguous office suite, all benefiting from excellent natural light.

CBD 20km

AIRPORT 44km

TRAIN 25min

G.01

703.7

$250

Now

1.01

592.3

$235

Now

Features

• Modern fitout included in lower floor

Available

Rent (psm)

This corporate style, fully fitted office sits within a modern multi-unit office and warehouse estate.

Lettable Area (sqm)

Building B, 18–24 Ricketts Road Mt Waverly VIC

• Excellent natural light throughout • Generous number of parking spaces available

BUS 8min Leasing Enquiries Vito Salvagio +61 410 069 913 vito.salvagio@esr.com

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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 office offering features excellent street frontage and ample car parking over two levels. There is a capability for the space to be split in to smaller tenancies.

CBD 20km

AIRPORT 37km

Rent (psm)

Lettable Area (sqm)

Unit 6B 848 Boundary Road Richlands QLD Unit 6B

400-1,061

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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ESR Commercial Space Report

Commercial Properties Property

Space available

Contact

73 Miller Street North Sydney NSW

178 – 1707 sqm

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

Jones Bay Wharf, Suite 59, 26-32 Pirrama Road, Pyrmont NSW

678 sqm

Jamie Smith +61 414 868 345 jamie.smith@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

12 Julius Avenue North Ryde NSW

Building A Building A Building B Building B Building B

Unit 7B 4 Brunker Road Chullora NSW

181.9 sqm

18-20 Orion Road Lane Cove NSW

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

15 Talavera Road, Macquarie Park NSW

Level 6, Suite 1 Level 8, Suite 1

Wellington Place 254 Wellington Road Mulgrave VIC

5,850 sqm (under construction) Cafe 251 sqm (under construction)

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

Wellington 2 eleven 211 Wellington Road Mulgrave VIC

Level 1 Level 2

877 sqm 377 sqm

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

18-24 Ricketts Road Mount Waverly VIC

Building A Building B Building B

Level 1 Ground Level Level 1

Unit 6B 848 Boundary Road Richlands QLD

400

1,061 sqm

18

Ground Level Level 1 & 2 Ground Level 1 Level 1 1 Level 2

434 sqm 2551 sqm 1055.9 sqm 1153.6 sqm 396 sqm

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

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

980.1 sqm 787.5 sqm

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

652.70 sqm 703.7 sqm 592.3 sqm

Vito Salvagio +61 410 069 913 vito.salvagio@esr.com Jade Makmur +61 432 455 823 jade.makmur@esr.com


ESR Commercial Space Report

Contacts New South Wales Robert Ewing

Fergus Adamson

Head of Asset Management — +61 402 999 494 robert.ewing@esr.com

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

Alex Cable

Jamie Smith

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

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

Queensland & Western Australia Jade Makmur Asset Manager — +61 432 455 823 jade.makmur@esr.com

Victoria Yasemin Ozbey

Vito Salvagio

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

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

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au.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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