ESR Australia Commercial Space Report - April 2023

Page 1

Commercial Space

Report No.29 April 2023
Jamie Smith DirectorOffice Leasing +61 414 868 345 Alex Cable Portfolio Manager +61 418 290 998 Ryan Simpson Asset Manager +61 433 701 154 Jason Drew Portfolio Manager +614 39 033 611
VIC & SA QLD NSW 2 | ESR COMMERCIAL SPACE REPORT Robert Ewing Head of Asset Management +61 402 999 494 Charlie Sukkar General Manager +61 401 825 100 Jayson Egan Senior Asset Manager +61 459 229 969 Nick McBain Senior Development Manager +61 491 686 123 Mandy Spek Asset Manager +61 409 942 231
Our Team

Commercial Opportunities

12

18-20

177

Total: 1,309 sqm

Contact: Alex Cable +61 418 290 998

Total: 4,247 sqm

Contact: Alex Cable +61 418 290 998

Total: 1,531.90 sqm

Contact: Alex Cable +61 418 290 998

Total: 2,757 sqm

Contact: Charlie Sukkar +61 401 825 100

276-294 Wellington Rd, Mulgrave

Total: 571.80 sqm

Contact: Charlie Sukkar +61 401 825 100

Total: 5,000 sqm-40,000 sqm

Contact: Nick McBain +61 491 686 123

Total: 302.70 sqm

Contact: Jason Drew +61 439 033 611

Total: 9,272.50 sqm

Contact: Jayson Egan +61 459 229 969

55

Total: 787 sqm

Contact: Mandy Spek +61 409 942 231

Total: 2,678 sqm

Contact: Ryan Simpson +61 433 701 154

Total: 3,392 sqm

Contact: Ryan Simpson +61 433 701 154

Total: 9,032.7 sqm

Contact: Jamie Smith +61 414 868 345

Julius Ave North Ryde NSW Orion Rd Lane Cove NSW 18-24 Ricketts Rd Mount Waverley VIC
NO. 29 APRIL 2023 | 3
12a Rodborough Rd Frenchs Forest NSW 21 Harris Street Pyrmont NSW Pacific Highway North Sydney NSW VIC 40-60 City Road Southbank VIC 133 Mary Street Brisbane QLD 300 Queen Street Brisbane QLD Currie Street Adelaide SA 848 Boundary Road Richlands QLD

Suites From 250m2 - Turn Key Fitouts Available

The property is situated within the sought-after Northern Beaches suburb of Frenchs Forest, The location benefits from close proximity to the new Northern Beaches Regional Hospital. The current vacancy provides quality office accommodation.

NO. 29 APRIL 2023 | 4
12a Rodborough Rd Frenchs Forest au.esr.com/ 12arodboroughroad
ENQUIRIES
Lettable Area (sqm) Rent (psm) Available Fitout Level 2 1,309** From $260 Now Features • Goods and passenger lift access • Ocean views • Parking for 178 cars • 4 Star NABERS energy **Floor Sub-Divisible Airport 29 km CBD 17 km Bus 2 min VIEW LOCATION MORE INFO
NSW
LEASING
Alex Cable +61 418 290 998 alex.cable@esr.com Jamie Smith +61 414 868 345 jamie.smith@esr.com

Alex

Quality Office Suites With Spec Fitouts

Part of a multi-building office park, 12 Julius Avenue offers quality office accommodation for small to large office users. The low rise buildings have large efficient floor plates, good natural light on all sides with leafy district views. The property is located within a short walk to North Ryde Metro Station, which is complemented by abundant onsite parking ratios.

5 | ESR COMMERCIAL SPACE REPORT NSW 12 Julius Ave North Ryde
ENQUIRIES
au.esr.com/12juliusavenue LEASING
Cable
418 290 998
Smith
414 868 345
VIEW LOCATION MORE INFO Lettable Area (sqm) Rent (psm) Available Fitout Building A, GF 434 $395 June 2023 Spec Suite Building B, GF 544 $395 June 2023 Spec Suite Building B, L1 286 $395 June 2023 Spec Suite Building B, L1 200 $395 June 2023 Spec Suite Building B, L2 233 $395 June 2023 Spec Suite Building B, L2 150 $395 June 2023 Spec Suite Building A, Level 1-2 1200-2400 $350 Now No Features • Good parking ration with on-grade and sescure basement spaces available • 600m to North Ryde train station • 3-4.5 Star NABERS energy rating • End-Of-Trip facility on site Bus 2 min Airport 29 km CBD 13 km Train 5 min
+61
alex.cable@esr.com Jamie
+61
jamie.smith@esr.com

LEASING

Suites From 113sqm - Turn Key Fitouts Available

18-20 Orion Road is considered the landmark property in the boutique Lane Cove West office market. The building has large efficient floor plates, with abundant natural light and district views from all levels. Recent refurbishments to the ground floor lobby and the construction of an end of trip facility have added to the amenity of the asset.

NO. 29 APRIL 2023 | 6
NSW 18-20 Orion Rd Lane Cove au.esr.com/orionroad
ENQUIRIES
Alex Cable +61 418 290 998 alex.cable@esr.com
Lettable Area (sqm) Rent (psm) Available Fitout Level 2 Suite 1 177 $340 Now Yes Level 3 Suite 1 421.10 $340 Now Yes Level 3 Suite 2 131.60 $340 Now Yes Level 3 Suite 4 229.30 $340 Now Yes Level 7 Suite 1 340 $340 Now Yes Level 7 Suite 4 119.70 $340 Now Yes Level 7 Suite 5 113.20 $340 Now Yes Features • 3.5 Star NABERS Energy Rating • 310+ car spaces over three levels of basement and part open air • Onsite childcare centre • Storage Areas Bus 2 min Airport 25 km CBD 13 km Train 30 min VIEW LOCATION MORE INFO
Jamie Smith +61 414 868 345 jamie.smith@esr.com

NSW 177 Pacific Highway North Sydney

au.esr.com/177-pac-highway/

Large Floor plates with Panoramic views and contiguous floor options

177 Pacific Highway is a sophisticated, A-grade workplace that towers above North Sydney, offering breathtaking views and 40,000sqm of light-filled office space. Thoughtfully designed by award-winning architects Bates Smart, this flexible, future-proof development sits at the intersection of lifestyle, business and innovation in a resurgent North Sydney precinct.

• 6 Star NABERS energy rating

• 5 Star Green Star Office As Built rating

• 5 Star NABERS water rating

• Expansive Atrium

• Large floor plates and floor to ceiling windows

LEASING ENQUIRIES

Charlie Sukkar +61 401 825 100 charlie.sukkar@esr.com

Jamie Smith

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

• Views over Sydney Harbour, Blue Mountains as well as Western Districts

• Raised Office Flooring

7 | ESR COMMERCIAL SPACE REPORT
VIEW
MORE
Lettable Area (sqm) Rent (psm) Available Fitout Level 4 1194.50 $830 1/7/23 Yes Level 25 1562.50 $1100 1/7/23 Yes
LOCATION
INFO
Features
Airport 18 mins CBD 10 km Train 5 min *not eligible to earn the Agents Recognition Program points

NSW 21 Harris Street

au.esr.com/harris-street

Column free work spaces with full height internal vertical garden

21 Harris Street is a workspace of tomorrow. A full-height atrium in the centre of the building creates an open, light-filled environment, while column-free work spaces stimulate culture and collaboration. Interconnecting stairs cater to effective communication and form a fluid, agile, flexible framework to power you to innovate, initiate and inspire.

LEASING ENQUIRIES

Charlie Sukkar

+61 401 825 100

charlie.sukkar@esr.com

Features

• 6 Star Greenstar rating design

• 5 Star NABERS

• Terrace style offices with direct street access

• 4m wide glazed facace panels allowing maximum light

• Abundant natural light, breakout zones and natural ventilation

• Onsite childcare with large outdoor terrace

• Onsite 1400sqm gymnasium

NO. 29 APRIL 2023 | 8
Pyrmont
Lettable Area (sqm) Rent (psm) Available Fitout G - Boutique Office 2 223 $900 Now Yes G - Boutique Office 5 222 $900 Now No Retail Lower Ground 126.80 $785 Now No
Bus 86 m Airport 14 km CBD 2 km Train 62 m VIEW LOCATION MORE INFO *not eligible to earn the Agents Recognition Program points

VIC

276-294

au.esr.com/wellington-road

Wellington Place offers a unique opportunity to locate your business within this contemporary commercial business park located in the emerging business precinct of Monash.

Situated on Wellington Road in Mulgrave, this four stage business park has the ability to offer A-grade commercial office, hi-tech and laboratory accommodation, car parking, retail amenity and open space for recreation.

Features

LEASING ENQUIRIES

Nick McBain

+61 491 686 123

nick.mcbain@esr.com

• Unprecedented main road exposure

• A prominent building on a high-profille site with a “Wellington Road” address

• Unparalleled branding opprtunities

NO. 29 APRIL 2023 | 9
Site area 3.4 ha Available area (sqm) 5,000 - 40,000
Airport 40 km CBD 22 km Motorways 1.6 km VIEW LOCATION MORE INFO
Wellington Road, Mulgrave
Bus 160 m

VIC 40-60 City Road Southbank

au.esr.com/availablespace/southgate/

Southgate is located in the heart of Southbank. The Towers offer exceptional 360 degree views of the Yarra River, and allow those working there to also take in the delights of this highly regarded dining, arts and retail precinct. The brand new high quality, fitted suites offer a range of sizes and boast excellent natural light with views of the Yarra and CBD. Onsite amenity including co-working space, state of the art end of trip, basement car parking, cafe and an abundance of retail amenity at your doorstep.

LEASING ENQUIRIES

Jayson Egan

+61 459 229 969

jayson.egan@esr.com

Features

• Excellent natural light to the floor

• Availability of high quality fitted suites

• Fully refurbished common areas

• Third space areas within the ground floor lobby

• HWT Tower - 4.5 Star NABERS

• IBM Tower - 4.5 Star NABERS

NO. 29 APRIL 2023 | 10
Airport 25 km CBD 1.5 km Train 500m VIEW LOCATION MORE INFO *not eligible to earn the Agents Recognition Program points
NO. 29 APRIL 2023 | 11 Lettable Area (sqm) Rent (psm) Available Fitout Part Level 6, IBM Tower 391 $660 Now Yes Level 15, IBM Tower 1357.7 $630 Now Warm Shell Level 16, IBM Tower 1305.9 $630 11/2023 Warm Shell Part Level 17, IBM Tower 809 $680 Now Yes Part Level 26, IBM Tower 530 $700 Now Warm Shell Part Level 14, HWT Tower 169.9 $680 1/3/23 Yes Level 7, HWT Tower 1277.6 $660 1/3/23 x4 spec suites Part Level 5, HWT Tower 322.6 $650 1/2/23 Yes Level 2, HWT Tower 1204.9 $560 1/6/23 Warm Shell Part Level 24, HWT Tower 86 $800 Now Yes Part Level 23, HWT Tower 1161 $680 Now Warm shell Part Level 22, HWT Tower 1171 $680 Now Warm shell Level 10, IBM Tower 300 $620 8/2023 Warm shell Level 20, HWT Tower 572 $660 9/2023 Yes *not eligible to earn the Agents Recognition Program points

au.esr.com/rickettsroad

Flexible Office & Warehouse Solutions

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.

LEASING

Jason Drew

+61 439 033 611

jason.drew@esr.com

Features

• Modern layouts

• Excellent natural light throughout

• Generous number of parking spaces available

• Storage and showroom areas

NO. 29 APRIL 2023 | 12
VIC
Ricketts Rd Mt Waverley
18–24
ENQUIRIES
Lettable Area (sqm) Rent (psm) Available Building B, G.02 56.7 $275 Now Building B, Suite 1.03B 246 $275 Now
Bus 8 min Airport 44 km CBD 20 km Train 25 min VIEW LOCATION MORE INFO

QLD 848 Boundary Road Richlands

au.esr.com/availablespace/848boundaryroad/

Flexible Tenancy Space In An Established Industrial Location

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.

LEASING ENQUIRIES

Mandy Spek

+61 409 942 231  mandy.spek@esr.com

• Access to 3 Major Arterial Roads

Lettable Area (sqm) Rent (psm) Available Unit 6A 787 POA Now Features
light
Excellent natural
onsite
NBN connected
Boundary Road street exposure
Airport 37 km CBD 20 km Bus 10 min VIEW LOCATION MORE INFO NO. 29 APRIL 2023 | 13

QLD

300 Queen Street Brisbane

au.esr.com/availablespace/300-queen-street

Flexible A-grade office space available at a landmark feature in Brisbane’s CBD skyline

300 Queen Street is a prestigious 24 level office tower with impressive internal features. The asset is exceptionally located within the Golden Triangle of Brisbane’s CBD with all modes of public transport easily accessible.

Existing fitted stock and brand-new refurbished tenancies are featured throughout the building, catering to tenants of all sizes. The ground floor foyer is undergoing a major transformation and will create a market leading experience for all tenants and visitors to 300 Queen Street.

LEASING ENQUIRIES

Ryan Simpson

+61 433 701 154

ryan.simpson@esr.com

Jamie Smith

+61 414 868 345

jamie.smith@esr.com

• 4.5 Star NABERS rating (5 Star with GreenPower)

• Refurbished end-of-trip facilities

• Three-level basement parking

• Recently completed BMS upgrade

• Proximity to Post Office Square & Queen Street Mall

NO. 29 APRIL 2023 | 14
Lettable Area (sqm) Rent (psm) Available Fitout L12A 186 $800 Now Existing L12G 111 $800 Now Existing L15C 150 $800 Now Existing L17 833 $815 Now Existing L19 833 $815 30/4/23 Refurbished cold shell L23A 187 $825 30/4/23 Spec suite L23B 150 $825 30/4/23 Spec suite L23C 228 $825 30/4/23 Spec suite
Features
Bus 300m Train 250m VIEW LOCATION MORE INFO *not eligible to earn the Agents Recognition Program points

QLD

133 Mary Street Brisbane

au.esr.com/availablespace/133-mary-street

133 Mary Street presents the best value for money for quality office accomodation in the Brisbane CBD.

133 Mary Street is open for business and there has never been a better time to secure space in this recently refurbished office tower. Offering outstanding value in onsite amenity and facilities, 133 Mary Street is set to become the office tower of choice for discerning occupiers in the well-connected Midtown Precinct.

LEASING ENQUIRIES

Ryan Simpson +61 433 701 154

ryan.simpson@esr.com

Jamie Smith

+61 414 868 345

jamie.smith@esr.com

Features

• Recently refurbished end-of-trip-facility

• Speculative suites available over part and full floor tenancies

• Basement parking available

• Lobby cafe

• Onsite childcare with large outdoor terrace

• 4-Star NABERS (4.5 with GreenPower)

NO. 29 APRIL 2023 | 15
Lettable Area (sqm) Rent (psm) Available Fitout Level 3 808 $680 Now Refurbished warm shell Level 4A 198 $715 1/6/23 Spec Suite Level 4B 142 $715 1/6/23 Spec Suite Level 4C 250 $715 1/6/23 Spec Suite Level 4D 180 $715 1/6/23 Spec Suite Level 7 808 $700 1/8/23 Existing fitout
VIEW LOCATION MORE INFO Airport 13 km Train 500m *not eligible to earn the Agents Recognition Program points Bus 100m

Business meets quality of life

Where business meets quality of life, 55 Currie Street is a paradigm for today’s workplace.

In the heart of the city, it is embedded in a spirit of innovation, benefiting from all that Adelaide has to offer. Here businesses can grow and flourish within environments that spark creativity and connection.

NO. 29 APRIL 2023 | 16
SA 55 Currie Street Adelaide
space/55-currie-street LEASING ENQUIRIES
Smith
414 868 345 jamie.smith@esr.com Lettable Area (sqm) Rent (psm) Available Fitout Ground Floor 1035 On request Q3, 2023 Warm shell Level 1Tenancy 1 1,146 On request Q3, 2023 Warm shell Level 1Tenancy 2 408 On request Q3, 2023 Warm shell Level 4 2580 On request Q3, 2023 Warm shell Level 5 2580 On request Q3, 2023 Warm shell Level 6 2580 On request Q3, 2023 Warm shell Level 7 1283.70 On request Q3, 2023 Warm shell Features • Largest internal atrium in Adelaide • Natural light to all tenancies • Boardroom • Auditorium with break out area VIEW LOCATION MORE INFO Airport 6.4 km Train 550m Bus 1m *not eligible to earn the Agents Recognition Program points
au.esr.com/available-
Jamie
+61
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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