ESR Australia Commercial Space Report November 2021

Page 1

Commercial Space Report No.17 November 2021


ESR Industrial Commercial Space Space ReportReport

Our Team New South Wales

Alex Cable

Jamie Smith

Kate Robertson

Portfolio Manager

Portfolio Manager

Asset Manager

— +61 418 290 998 alex.cable@esr.com

— +61 414 868 345 jamie.smith@esr.com

— +61 439 218 435 kate.robertson@esr.com

Victoria

Scott Travers

Vito Salvagio

Leasing Director

Asset Manager

— +61 438 243 100 scott.travers@esr.com

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

Queensland

Mandy Spek

Brendan Delahunty

Asset Manager

Leasing Manager - Queensland

+61 409 942 231 mandy.spek@esr.com

+61 409 643 560 Brendan.Delahunty@esr.com

2


Commercial Opportunities

Property

Space available

Contact

73 Miller Street North Sydney NSW

84 – 1,721 sqm

Jamie Smith

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

678 sqm

Jamie Smith

151 Castlereagh Street, Suite 6.02 Sydney NSW

228.5 sqm

Jamie Smith

12a Rodbourgh Road Frenchs Forest NSW

Level 2

12 Julius Avenue North Ryde NSW

Building A Building B Building B Building B

18-20 Orion Road Lane Cove NSW

Level 2 Level 3 Level 3 Level 7 Level 7 Level 8 Level 8

15 Talavera Road, Macquarie Park NSW

Level 5 Suite 2 Level 7 Suite 2 Level 8 Suite 1 Level 8 Suite 4 Warehouse

472 sqm 1,316.9 sqm 787.5 sqm 472 sqm 251 sqm

Wellington Place 254 Wellington Road Mulgrave VIC

Level 5 Level 6 Level 7

1,950 sqm 1,951 sqm 1,952 sqm

Wellington 2 eleven 211 Wellington Road Mulgrave VIC

Level 1 Level 2

877 sqm 377 sqm

18-24 Ricketts Road Mount Waverley VIC

Building A Building A Building B

848 Boundary Road Richlands QLD

Unit 6B

1,309 sqm

Alex Cable

Ground Level Ground Level Level 1 Level 2

434 sqm 545 sqm 150 - 292 sqm 396 sqm

Alex Cable

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

177 sqm 421.10 sqm 131.60 sqm 119.70 sqm 113.20 sqm 133.90 sqm 218.20 sqm

Alex Cable

G.01 Unit 2 G.02

Alex Cable

Scott Travers

Scott Travers

376 sqm 873 sqm 61.7 sqm

Vito Salvagio

1,061 sqm

Mandy Spek

3


New South Wales

ESR Commercial Space Report

View from level 11 deck

Rent (psm)

Ground Office

597

POA

Now

Retail

84

POA

Now

L1 North

510

POA

Now

L8

1,715

POA

Now

L12

254

POA

Now

au.esr.com/73millerstreet 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 has been transformed into a quality A-Grade office building with ground floor retail and 13 levels of office accommodation. The accommodation benefits from expansive harbour and city views and 3 levels of basement car parking.

CBD <1 km

AIRPORT 13 km

TRAIN 1 min

BUS 1 min Leasing Enquiries

4

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

Available

Lettable Area (sqm)

73 Miller Street North Sydney NSW


New South Wales

ESR Commercial Space Report

Sublease

Rent (psm)

Available

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 fitout, 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 Available

678

$626.43

Now

Features

• Head lease expiry - 28 Feb 2022 • 3 car spaces • Quality fitout • Ready for occupation • Large external deck with harbour views

CBD 3 km

AIRPORT 8.7 km

TRAIN 4 min

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

5


New South Wales State

ESR Commercial Space Report

228.5

Features

• Quality fit-out

$1,000

Available

Available

Outgoings (psm)

This quality sub-lease opportunity is centrally located at 151 Castlereagh Street. The suite contains a modern, open plan fitout including a boardroom with seating for 12, smaller meeting room, two quiet rooms, 21 workstations and a modern kitchen and reception area.

Lettable Area (sqm)

151 Castlereagh Street, Suite 6.03, Sydney NSW

Rent (psm)

Sublease

$65

Now

• Head lease expiry - 31 Jan 2025 • Ready for occupation • Central location close to public transport

CBD 0 km

AIRPORT 15 km

TRAIN 2 min

BUS 1 min Leasing Enquiries

6

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


au.esr.com/12arodbourghroad 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)

12a Rodbourgh Road Frenchs Forest NSW

Rent (psm)

New South Wales

ESR Commercial Space Report

$260

Now

Level 2

1,309

Features

• Goods and passenger lift access • Ocean views • Parking for 178 cars

CBD 17 km

AIRPORT 29 km

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

7


New South Wales

ESR Commercial Space Report

Lettable Area (sqm)

Rent (psm)

Available

12 Julius Avenue North Ryde NSW

Building A, Ground Level

434

$350

Now

Building B, Ground Level

545

$350

Now

Building B, Level 1

150-292

$380

Now

Building B Level 2

396

$350

Now

Features

• High ratio of parking onsite

au.esr.com/12juliusavenue Five fully fitted out tenancies on Level 1, Building B are currently being constructed. Each tenancy will be fully self-contained with workstations, meeting rooms and kitchen facilities. The tenancies are supplied with data and power to ensure plug-and-play for prospective tenants.

• 600m to North Ryde train station • Onsite café • 4.5-5 Star NABERS energy rating

CBD 13 km

AIRPORT 29 km

TRAIN 5 min

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


New South Wales

ESR Commercial Space Report

Lettable Area (sqm)

Rent (psm)

Available

18-20 Orion Road Lane Cove NSW

Level 2 Suite 1

177

$320

Now

Level 3 Suite 1

421.1

$320

Now

Level 3 Suite 2

131.60

$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

Features

• 3 Star NABERS Energy Rating

au.esr.com/orionroad 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.

• 310+ car spaces over three levels of basement and part open air • Onsite childcare centre

CBD 13 km

AIRPORT 25 km

TRAIN 30 min

BUS 2 min Leasing Enquiries

9

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


au.esr.com/15talaveraroad 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.

Rent (psm)

Lettable Area (sqm)

15 Talavera Road Macquarie Park NSW

Available

New South Wales

ESR Commercial Space Report

Level 5, Suite 2

472

$200

December 2021

Level 7, Suite 2

1,316.9

$395

Now

Level 8, Suite 1

787.5

$395

Now

Level 8, Suite 4

472

$400

December 2021

Warehouse

251

$405

December 2021

Features

• Best parking ratio in Macquarie Park • Flexible lease terms on offer • Onsite café • 3 stars NABERS energy rating

CBD 15 km

AIRPORT 27 km

TRAIN 10 min

BUS 1 min Leasing Enquiries

10

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


Victoria

ESR Commercial Space Report

Rent (psm)

Available

Lettable Area (sqm)

Wellington Place 254 Wellington Road Mulgrave VIC Level 5

1,950

$320-$330

Now

Level 6

1,951

$320-$330

Now

Level 7

1,952

$320-$330

Now

Features

• Brand new 5 star NABERS A-grade office building with excellent exposure

au.esr.com/wellingtonplace 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.

• 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 367 carspaces available • Options to subdivide

CBD 22 km

AIRPORT 40 km

BUS 1 min Leasing Enquiries Scott Travers +61 438 243 100 scott.travers@esr.com

11


Victoria

ESR Commercial Space Report

Lettable Area (sqm)

Rent (psm)

Available

Wellington 2 eleven 211 Wellington Road Mulgrave VIC Level 1

877

$310

Now

Level 2

377

$310

Now

Features

• A-Grade office space within a prime business park

au.esr.com/wellington2eleven 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.

• Flexible floor plates and high car parking ratios • Available now

CBD 22 km

AIRPORT 40 km

BUS 1 min Leasing Enquiries

12

Scott Travers +61 438 243 100 scott.travers@esr.com


Victoria

ESR Commercial Space Report

Rent (psm)

Available

Lettable Area (sqm)

18–24 Ricketts Road Mt Waverley VIC

376

$250

Now

Building A Unit 2 873

$180

Now

Building B, G.02

61.7

$275

Now

Features

• Modern lay-outs

au.esr.com/rickettsroad Building A, G.01

The premises is positioned within the Monash Technology precinct with direct access on and off the Monash Freeway and proximity to cafes, amenities and public transport. The availabilities offer flexible office and/or warehouse solutions with functional and modern office partitioning, complemented by ample off-street parking, bike storage racks and an outdoor seating area.

• Excellent natural light throughout • Generous number of parking spaces available • Storage and showroom areas

CBD 20 km

AIRPORT 44 km

TRAIN 25 min

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

13


Queensland

Lettable Area (sqm)

Rent (psm)

Available

848 Boundary Road Richlands QLD

Unit 6B

1,061

$175

Now

Features

• Excellent natural light

au.esr.com/848boundaryroad 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 Ipswich Motorways. 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 20 km

AIRPORT 37 km

• 3.5 Star NABERS Energy Rating • NBN connected onsite

BUS 10 min Leasing Enquiries

14

Mandy Spek +61 409 942 231 mandy.spek@esr.com


ESR Commercial Space Report

State

15


ESR Commercial Space Report

au.esr.com Disclaimer: The information in this document has been prepared by ESR Real Estate (Australia) Pty Ltd ABN 64 625 761 962 16 (ESR) and is subject to change at any time without notice.

State


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