ESR Australia Commercial Space Report_June_2023

Page 1

Commercial Space

Report No.31

June 2023
Jamie Smith DirectorOffice Leasing +61 414 868 345 Alex Cable Portfolio Manager +61 418 290 998 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 Julius Ave North Ryde NSW

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: 1,110.80 sqm

Contact: Alex Cable +61 418 290 998

18-24

Total: 883.50 sqm

Contact: Charlie Sukkar

+61 401 825 100

Total: 5,000 sqm-40,000 sqm

Contact: Nick McBain +61 491 686 123

300

133

Total: 2,678 sqm

Contact: Jamie Smith

+61 414 868 345

Total: 3,392 sqm

Contact: Jamie Smith +61 414 868 345

Total: 302.70 sqm

Contact: Jason Drew +61 439 033 611

Total: 41 sqm

Contact: Charlie Sukkar +61 401 825 100

40-60

VIC

Total: 9,176 sqm

Contact: Jayson Egan +61 459 229 969

55 Currie Street Adelaide SA

Total: 8,624.7 sqm

Contact: Jamie Smith +61 414 868 345

Orion Rd Lane Cove NSW Ricketts Rd Mount Waverley VIC
NO. 31 JUNE 2023 | 3
12a Rodborough Rd Frenchs Forest NSW 21 Harris Street Pyrmont NSW Pacific Highway North Sydney NSW 276-294 Wellington Rd, Mulgrave VIC City Road Southbank Mary Street Brisbane
QLD
Queen Street Brisbane
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. 31 JUNE 2023 | 4
12a Rodborough Rd Frenchs Forest au.esr.com/ 12arodboroughroad
ENQUIRIES
Lettable Area (sqm) Rent (psm) Available Fitout Level 2 248 $295 July 2023 Full fitout Features • Goods and passenger lift access • Ocean views
Ample on-site secure parking • 4 Star NABERS energy 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

au.esr.com/12juliusavenue

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.

Kate Robertson

+61 439 218 435

kate.robertson@esr.com

Jamie Smith

+61 414 868 345

jamie.smith@esr.com

• High quality turn-key speculative suites

• Good parking ratio with on-grade and secure basement spaces available

• 600m to North Ryde train station

• 3-4.5 Star NABERS energy rating

• End-Of-Trip facility on site

5 | ESR COMMERCIAL SPACE REPORT
North Ryde
NSW 12 Julius Ave
LEASING ENQUIRIES
VIEW LOCATION MORE INFO Lettable Area (sqm) Rent (psm) Available Fitout Building A, GF 434 $395 August 2023 Spec Suite Building B, GF 544 $395 August 2023 Spec Suite Building B, L1 286 $395 August 2023 Spec Suite Building B, L1 200 $395 August 2023 Spec Suite Building B, L2 233 $395 August 2023 Spec Suite Building B, L2 150 $395 August 2023 Spec Suite Building A, Level 1-2 1200-2400 $350 Now No Features
Bus 2 min Airport 29 km CBD 13 km Train 5 min

NSW

18-20 Orion Rd Lane Cove

au.esr.com/orionroad

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.

LEASING ENQUIRIES

Alex Cable +61 418 290 998

alex.cable@esr.com

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

NO. 31 JUNE 2023 | 6
Lettable Area (sqm) Rent (psm) Available Fitout Level 2 Suite 1 177 $360 Now Yes Level 3 Suite 2 131.60 $360 Now Yes Level 3 Suite 4 229.30 $360 Now Yes Level 7 Suite 1 340 $360 Now Yes Level 7 Suite 4 119.70 $360 Now Yes Level 7 Suite 5 113.20 $360 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

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.

• Direct access from lobby & Pacific Hwy

• Floor to ceiling glass frontage on Pacific Hwy

• Additional 37sqm of exclusive use seating is available with an F&B fit-out in place if required

• Accessible through street level entrance or via the main tower lobby

LEASING ENQUIRIES

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

Jamie Smith

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

VIEW LOCATION

INFO

7 | ESR COMMERCIAL SPACE REPORT
(sqm) Rent (psm) Available Fitout Retail Space Ground Floor 41 TBA Now Yes
MORE
Lettable Area
Retail Space Features
Airport 18 mins CBD 10 km Train 5 min *not eligible to earn the Agents Recognition Program points

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.

Yes

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. 31 JUNE 2023 | 8
NSW 21 Harris Street Pyrmont
Lettable Area (sqm) Rent (psm) Available Fitout G - Boutique Office 2 223 $900 Now Yes G - Boutique Office 5 222 $900 Now No Boutique office 6 & 7 (combined) 438.50 $950 Now
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. 31 JUNE 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/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. 31 JUNE 2023 | 10
Airport 25 km CBD 1.5 km Train 500m VIEW LOCATION MORE INFO *not eligible to earn the Agents Recognition Program points

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. 31 JUNE 2023 | 11 Lettable Area (sqm) Rent (psm) Available Fitout Part Level 6, IBM Tower 391 $660 Now Yes Level 15, IBM Tower 1,357.7 $630 Now Warm Shell Level 16, IBM Tower 1,305.9 $630 November 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 Now Yes Level 7, HWT Tower 1,277.6 $660 Now x4 spec suites Part Level 5, HWT Tower 322.6 $650 Now Yes Level 2, HWT Tower 1,204.9 $560 June 2023 Warm Shell Level 23, HWT Tower 1,161 $680 Now Warm shell Level 22, HWT Tower 1,171 $680 Now Warm shell Level 10, IBM Tower 300 $620 August 2023 Warm shell Level 20, HWT Tower 572 $660 September 2023 Yes Level 17, HWT Tower 519 $650 February 2024 Warm shell
*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. 31 JUNE 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

300 Queen Street Brisbane

au.esr.com/300-queenstreet

Quality spec suites now available

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 has undergone a major transformation, creating a market leading experience for all tenants and visitors to 300 Queen Street.

LEASING ENQUIRIES

Jamie Smith

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

NO. 31 JUNE 2023 | 13
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 Now Refurbished cold shell L23A 187 $825 Now Spec suite L23B 150 $825 Now Spec suite L23C 228 $825 Now Spec suite 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 Bus 300m Train 250m VIEW LOCATION MORE INFO *not eligible to earn the Agents Recognition Program points

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

New spec suites to be delivered in May

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 wellconnected Midtown Precinct.

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. 31 JUNE 2023 | 14
QLD 133 Mary Street Brisbane
au.esr.com/133-marystreet LEASING ENQUIRIES
Lettable Area (sqm) Rent (psm) Available Fitout Level 3 808 $690 Now Refurbished warm shell Level 4A 198 $715 June 2023 Spec Suite Level 4B 142 $715 June 2023 Spec Suite Level 4C 250 $715 June 2023 Spec Suite Level 4D 180 $715 June 2023 Spec Suite Level
808 $700 August 2023 Existing fitout
7
VIEW LOCATION MORE INFO Airport 13 km Train 500m *not eligible to earn the Agents Recognition Program points Bus 100m

55 Currie Street

au.esr.com/55-curriestreet

Adelaide’s established workplace of the future

Imagine working in an iconic destination where businesses, people and the environment thrive together. A place where community, connection, and creativity collide to inspire greater productivity and wellbeing. Welcome to 55 Currie Street, one of Adelaide CBD’s most desirable corporate addresses.

This sophisticated A-grade tower is about to complete its transformation into a next-gen workplace with brand-new environments to help you attract and retain the best, build social capital and foster a culture of togetherness for success.

LEASING ENQUIRIES

Jamie Smith

+61 414 868 345

jamie.smith@esr.com

NO. 31 JUNE 2023 | 15
SA
Adelaide
Lettable Area (sqm) Rent (psm) Available Fitout Ground Floor 1,035 On request Q3, 2023 Warm shell Level 1 - Tenancy 1 1,146 On request Q3, 2023 Warm shell Level 4 2,580 On request Q3, 2023 Warm shell Level 5 2,580 On request Q3, 2023 Warm shell Level 6 2,580 On request Q3, 2023 Warm shell Level 7 1,283.70 On request Q3, 2023 Warm shell
Features
Largest internal atrium in Adelaide
Natural light to all tenancies
Boardroom
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
Auditorium
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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