ESR Australia Commercial Space Report - No. 23

Page 1

Commercial Commercial Space Space Report ReportNo.23 No.18 August 2022 February 2022


Our Team NSW

Robert Ewing

Jamie Smith

Alex Cable

Charlie Sukkar

Head of Asset Management +61 402 999 494

Director Office Leasing +61 414 868 345

Portfolio Manager +61 418 290 998

General Manager +61 401 825 100

VIC & SA

Melissa Kidd

Jason Drew

Jayson Egan

Nick Napoli

Head of Asset Management - ARA +61 466 139 824

Portfolio Manager +614 39 033 611

Senior Asset Manager +61 459 229 969

Development Manager +61 497 806 920

Maddison Byrne-Jameson Property Manager +61 413 964 176

QLD

Ryan Simpson Asset Manager +61 433 701 154 2 | ESR COMMERCIAL SPACE REPORT


Commercial Opportunities 73 Miller St North Sydney NSW

12a Rodbourgh Rd Frenchs Forest NSW

12 Julius Ave North Ryde NSW

18-20 Orion Rd Lane Cove NSW

Total: 3,076 sqm

Total: 1,309 sqm

Total: 1,667 sqm

Contact: Jamie Smith +61 414 868 345

Contact: Alex Cable +61 418 290 998

Contact: Alex Cable +61 418 290 998

Total: 1,531.90 Contact: Alex Cable +61 418 290 998

21 Harris Street Pyrmont NSW

177 Pacific Highway North Sydney NSW

276-294 Wellington Rd, Mulgrave VIC

1 Peters Avenue Mulgrave VIC

18-24 Ricketts Rd Mount Waverley VIC

Total: 1,224.80 sqm

Total: 5,213 sqm

Total: 5,163 sqm

Contact: Charlie Sukkar +61 401 825 100

Contact: Charlie Sukkar +61 401 825 100

Total: 5,000 sqm-40,000 sqm

Total: 437.70 sqm Contact: Jason Drew +61 439 033 611

40-60 City Road Southbank VIC

200 Victoria Parade 300 Queen Street East Melbourne Brisbane VIC QLD

Total: 3,591.80 sqm

Total: 4,421.15 sqm

Contact: Melissa Kidd +61 466 139 824

Contact: Jayson Egan +61 459 229 969

Contact: Nick Napoli +61 438 243 100

Contact: Nick Napoli +61 438 243 100

133 Mary Street Brisbane QLD

55 Currie Street Adelaide SA

Total: 2,724 sqm

Total: 2,830 sqm

Total: 15,109.70sqm

Contact: Ryan Simpson +61 433 701 154

Contact: Ryan Simpson +61 433 701 154

Contact: Maddison Byrne -Jameson +61 413 964 176

NO. 23 AUGUST 2022 | 3


View from level 11 deck

NSW 73 Miller St North Sydney au.esr.com/73millerstreet

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

Areas From 254m2 to 1,715m2 Quality Spec Suites Available 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 building offers expansive harbour and city views and 3 levels of basement car parking. Lettable Area (sqm)

Rent (psm)

Available

Fitout

Ground Office

597

POA

Now

Yes

L1 North

510

POA

Now

Yes

L8

1,715**

POA

Now

L12

254

POA

Now

Features

• End-of-trip facilities • Expansive harbour views • Minutes away from North Sydney Train Station **Floor Sub-Divisible

VIEW LOCATION WATCH VIDEO MORE INFO 4 | ESR COMMERCIAL SPACE REPORT

CBD < 1 km

Airport 13 km

Train 1 min

Bus 1 min


NSW 12a Rodbourgh Rd Frenchs Forest

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.

au.esr.com/ 12arodbourghroad Level 2

Features

• • • •

Lettable Area (sqm)

Rent (psm)

Available

1,309**

From $260

Now

Fitout

Goods and passenger lift access Ocean views Parking for 178 cars 3.5 Star NABERS energy

**Floor Sub-Divisible

LEASING ENQUIRIES Alex Cable +61 418 290 998 alex.cable@esr.com Jamie Smith +61 414 868 345 jamie.smith@esr.com

VIEW LOCATION MORE INFO

CBD 17 km

Airport 29 km

Bus 2 min NO. 23 AUGUST 2022 | 5


NSW 12 Julius Ave North Ryde

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.

au.esr.com/12juliusavenue

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

Lettable Area (sqm)

Rent (psm)

Available

Fitout

Building A, Ground Level

434

$350

Now

Yes

Building B, Ground Level

545

$350

Now

Yes

Building B, Level 1

150–292

$380

Now

Yes

Building B Level 2

396

$350

Now

Features

• High ratio of parking onsite • 600m to North Ryde train station • 2-4.5 Star NABERS energy rating

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

VIEW LOCATION MORE INFO 6 | ESR COMMERCIAL SPACE REPORT

CBD 13 km

Airport 29 km

Train 5 min

Bus 2 min


NSW 18-20 Orion Rd Lane Cove

Suites From 113m2 - 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. Lettable Area (sqm)

Rent (psm)

Available

Fitout

Level 2 Suite 1

177

$320

Now

Yes

Level 3 Suite 1

421.10

$320

Now

Yes

Level 3 Suite 2

131.60

$320

Now

Yes

Level 3 Suite 4

229.30

$320

Now

Yes

Level 7 Suite 1

340

$320

Now

Yes

Level 7 Suite 4

119.70

$320

Now

Yes

Level 7 Suite 5

113.20

$320

Now

Yes

au.esr.com/orionroad

LEASING ENQUIRIES Alex Cable +61 418 290 998 alex.cable@esr.com Jamie Smith +61 414 868 345 jamie.smith@esr.com

VIEW LOCATION MORE INFO

Features

CBD 13 km

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

Airport 25 km

Train 30 min

Bus 2 min NO. 23 AUGUST 2022 | 7


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. Lettable Area (sqm)

Rent (psm)

Available

Fitout

Level 4

1194.50

$830

Now

Yes

Level 5

1237

$840

Now

Yes

Level 6

1237

$850

Now

Yes

1562.50

$1100

Now

Yes

Level 25

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

VIEW LOCATION MORE INFO

Features

CBD 10 km

8 | ESR COMMERCIAL SPACE

*not eligible to earn the Agents Recognition Program points

• • • • • • •

6 Star NABERS energy rating 5 Star Green Star Office As Built rating 5 Star NABERS water rating Expansive Atrium Cantilever balconies with amazing view Large floor plates and floor to ceiling windows Views over Sydney Harbour, Blue Mountains as well as Western Districts • Raised Office Flooring

Airport 18 mins

Train 5 min


NSW 21 Harris Street Pyrmont

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.

au.esr.com/harris-street

LEASING ENQUIRIES

Lettable Area (sqm)

Rent (psm)

Available

Fitout

G - Boutique Office 2

223

$900

Now

Yes

G - Boutique Office 5

222

$900

Now

No

Leve 2, B

653

$815

Now

No

126.80

$785

Now

No

Retail Lower Ground

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

VIEW LOCATION MORE INFO

CBD 2 km

*not eligible to earn the Agents Recognition Program points

• • • • • •

6 Star Greenstar rating design 5 Star NABERS Terrace style offices with direct street access Perimeter chilled beams 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

Airport 14 km

Train 62 m

Bus 86 m NO. 23 AUGUST 2022 | 9


VIC 276 - 294 Wellington Rd, Mulgrave

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.

au.esr.com/276-294-wellingtonroad Site area

3.4 ha

Available area

LEASING ENQUIRIES

Features

5,000 - 40,000 • Unprecedented main road exposure • A prominent building on a high-profille site with a “Wellington Road” address • Unparalleled branding opprtunities

Nick Napoli +61 497 806 920 nick.napoli@esr.com

VIEW LOCATION MORE INFO

CBD 22 km

Airport 40 km

Motorways 1.6 km

Bus 160 m NO. 23 AUGUST 2022 | 10


VIC Wellington Place 1 Peters Avenue, Mulgrave au.esr.com/wellingtonplace

LEASING ENQUIRIES

Quality A-Grade Building Unbeatable Access to Public Transport Wellington Place is a new commercial development located within the vibrant business precinct of Monash. Stage 1 comprises an eight-storey office building and nine-storey secure carpark, with Nissan Australia committed from the ground floor to level 4 (inclusive). This facility features excellent car parking ratios, a premium food and beverage offering on the ground floor (Sentosa Cafe) and is a 5 Star Green Star certified building. The location also provides unbeatable access to major transport arterials such as East Link and the Monash Freeway. Lettable Area (sqm)

Rent (psm)

Available

Level 5

1,260

$320-$330

Now

Level 6

1,951

$320-$330

Now

Level 7

1,952

$320-$330

Now

Nick Napoli +61 497 806 920 nick.napoli@esr.com Features

VIEW LOCATION MORE INFO

CBD 22 km

• Brand new A-grade office building with excellent exposure • Large flexible floor plates of 1,950 sqm available • Top three contiguous floors available offering excellent district views to Port Phillip bay • Up to 367 carspaces available • Units available from 400-5,835 sqm

Airport 40 km

Bus 1 min NO. 23 AUGUST 2022 | 11


VIC 18–24 Ricketts Rd Mt Waverley 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. Lettable Area (sqm)

LEASING ENQUIRIES

Rent (psm)

Available

Building A, G.01

376

$250

Now

Building B, G.02

61.70

$275

Now

Features

Jason Drew +61 439 033 611 jason.drew@esr.com

• • • •

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

VIEW LOCATION MORE INFO

CBD 20 km

Airport 44 km

Train 25 min

Bus 8 min NO. 23 AUGUST 2022 | 12


VIC 40-60 City Road Southbank au.esr.com/availablespace/southgate/

LEASING ENQUIRIES Melissa Kidd +61 466 139 824 melissa.kidd@esr.com

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. Lettable Area (sqm)

Rent (psm)

Available

Fitout

421.80

$660

Now

Yes

Part Level 7, IBM Tower

223

$660

Now

Yes

Part Level 6, IBM Tower

391

$660

Now

Yes

Part Level 24, HWT Tower

86

$800

1/9/22

Yes

Part Level 24, HWT Tower

138

$800

1/9/22

Yes

Part Level 23, HWT Tower

1161

$680

1/9/22

No

Part Level 22, HWT Tower

1171

$680

Now

No

Part Level 10, IBM Tower

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 Star NABERS IBM Tower - 4 Star NABERS

VIEW LOCATION MORE INFO

CBD 1.5 km *not eligible to earn the Agents Recognition Program points

Airport 25 km

Train 500m NO. 23 AUGUST 2022 | 13


VIC 200 Victoria Parade East Melbourne au.esr.com/availablespace/200-victoria-parade/

LEASING ENQUIRIES

Welcome to Victoria Place. Ten floors of flexible, smart and connected office space totalling 25,250m2. A carbon conscious workplace destination that’s cutting-edge today and ready for tomorrow’s technology. Where traditional East Melbourne is disrupted by the next generation of work. Bringing together the best parts of Melbourne - East Melbourne, Collins Street, and the CBD, Fitzroy and Collingwood, its the perfect location for after-work drinks and dinner on Smith, Gertrude and Brunswick streets, coffees in the coolest cafes, long lunches at the top end of town. Proximity to city and Fitzroy boutqiues, galleries and museums, theatres and clubs. Lettable Area (sqm)

Rent (psm)

Available

Level 8

2,284.75

$635

1/3/23

Level 9

2,136.40

$635

1/3/23

Jayson Egan +61 459 229 969 jayson.egan@esr.com Features

• World class end-of-trip facilities • PCA Grade A rating Adaptable to the changing demands of smart technology and sustainability initiatives • Multi-floor, single floor and sub-divided floors are easily customisable • Façade is responsive to distinct climatic conditions • Full height glazing and large efficient side-core floorplates. • 6 Star NABERS and 6 Star Greenstar

VIEW LOCATION MORE INFO

*not eligible to earn the Agents Recognition Program points

CBD 750m

Bus 100m

Train 750m

NO. 23 AUGUST 2022 | 14


QLD 300 Queen Street Brisbane au.esr.com/availablespace/300-queen-street

LEASING ENQUIRIES Ryan Simpson +61 433 701 154 ryan.simpson@esr.com

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. Lettable Area (sqm)

Rent (psm)

Available

Fitout

L10A

504

$760

1/1/23

Yes

L12A

186

$770

1/11/22

Yes

L12G

111

$770

1/11/22

Yes

L15A

360

$770

Now

Yes

L15C

150

$770

1/11/22

Yes

L19

833

$780

Now

No

L23A

580

$790

Now

No

Features

• • • • •

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

VIEW LOCATION MORE INFO

*not eligible to earn the Agents Recognition Program points

Train 250m

Bus 300m NO. 23 AUGUST 2022 | 15


QLD 133 Mary Street Brisbane

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.

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

Lettable Area (sqm)

Rent (psm)

Available

Fitout

Level 4

808

$640

Now

No

Level 5A

406

$650

Now

Yes

Level 9

808

$660

Now

Yes

Level 3

808

$640

Now

No

LEASING ENQUIRIES Ryan Simpson +61 433 701 154 ryan.simpson@esr.com

Features

VIEW LOCATION MORE INFO

*not eligible to earn the Agents Recognition Program points

• • • • • •

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 3-Star NABERS

Bus 100m

Airport 13 km

Train 500m

NO. 23 AUGUST 2022 | 16


SA

Business meets quality of life

55 Currie Street Adelaide

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.

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

au.esr.com/availablespace/55-currie-street

Lettable Area (sqm)

Rent (psm)

Available

Fitout

Ground Floor

1035

On request

Q4, 2023

Warm shell

Level 1 Tenancy 1

2306

On request

Q4, 2023

Warm shell

Level 1 Tenancy 2

408

On request

Q4, 2023

Warm shell

LEASING ENQUIRIES

Level 2

2337

On request

Q4, 2023

Warm shell

Maddison Byrne-Jameson +61 413 964 176 maddison.byrne-jameson@esr.com

Level 4

2580

On request

Q4, 2023

Warm shell

Level 5

2580

On request

Q4, 2023

Warm shell

Level 6

2580

On request

Q4, 2023

Warm shell

Level 7

1283.70

On request

Q4, 2023

Warm shell

Features

• • • •

Largest internal atrium in Adelaide Natural light to all tenancies Boardroom Auditorium with break out area

VIEW LOCATION MORE INFO

*not eligible to earn the Agents Recognition Program points

Airport 6.4 km

Train 550m

Bus 1m

NO. 23 AUGUST 2022 | 17


NO. 21 FEBRUARY 2022 | 18


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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