Office Lease

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Multiple office suites spanning the whole floor of a strata titled building near Westfield in Sydney's CBD are now available for lease.
They are available to be leased either individually or interconnected through Ray White Commercial South Sydney and Henderson &amp; Horning.
The property at Level 1, 155 King Street, Sydney known as The Trust Building and formerly The Daily Telegraph building, is being marketed by Ray White Commercial's John Skufris and Henderson &amp; Horning's Will Mulvihill on behalf of a private owner with asking rents from $900 psm pa.
Retailers including Cartier, Chanel and Christian Dior surround the site with Hermes also reportedly relocating to the building.
Mr Skufris said, level 1, 155 King Street, Sydney comprises approximately 500sqm which was suitable for legal/accounting firms, medicos and jewellers.
The Trust Building was built in Interwar Commercial Palazzo style circa 1914.
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Strata office suites now leasing in Sydney CBD

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Frasers Property, formerly Australand, is relocating from West Leederville to West Perth after securing space at 1 Havelock Street.
The new lease deal in West Perth will accommodate its Western Australian headquarters. 
Frasers Property has signed an eight-year lease on the 1,236sqm office located on the second level of <a href="https://www.realcommercial.com.au/property-offices-wa-west+perth-5665011" target="_blank">1 Havelock Street</a>. 
CBRE Office Services Director Luke Bray, who negotiated the deal on behalf of lessor Ascot Capital, said the quality offering of the property was a key factor underpinning the deal. 
“Frasers Property was attracted to the quality refurbished space on offer, the high car bay allocation and the prime West Perth location which is walking distance to the CBD,” Mr Bray said. 
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Frasers head to West Perth office space

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Law firms are busy renting offices in the Sydney CBD, particularly in the corridor between Town Hall and Hyde Park. 
Go To Court Lawyers is the latest legal firm to secure its new Sydney office, having just leased about 151 sqm including an enclosed balcony at Level 17, 327 - 329 Pitt Street, Sydney, through Ray White Commercial's John Skufris.
The firm is opening in the Sydney CBD after establishing other offices in Liverpool, Newcastle and Brisbane.
Go To Court Lawyers has taken out a five-year lease at an initial gross rental of $80,000 per annum.
“The property was owner occupied by financial services group Capkon Investments which relocated to the inner west,” Skufris said.
Highlighting the trend, Skufris said other legal firms had recently taken up Sydney CBD office space.
"Watsons Solicitors &amp; Barristers recently moved to 104.70 sqm at Level 2, 251-253 Elizabeth St and Honour Legal leased 106.70 sqm at Level 5, 104 Bathurst Street. Both options provided existing fit outs.”
 
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Law firms renting in Sydney CBD: Ray White  

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An office suite in Logan City's Loganholme in Queensland is being offered for lease by Raine &amp; Horne.
The <a href="https://www.rhcommercial.com.au/properties/9-3986-pacific-highway-loganholme-4129-queensland" target="_blank">9/3986 Pacific Highway</a> office complex comes for an annual lease of $28,325 plus GST and outgoings.
The building area is 103 sqm and there are two separate offices with reception and boardroom, kitchenette and parking.
The property is close to M1 and Logan Motorways. 
According to Raine &amp; Horne, the owner is keen to lease the property for a 3-5 year deal. 
The listing agent is Mark Osmond.
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Loganholme office suites on lease

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The latest tenant to move into Camberwell is Central Hope Australia Pty Ltd. 
The 180 sqm space of Suite 3 of 321 Camberwell Road was leased at $65,000 per annum over five years, including three car spaces, plus outgoings worth $8,000. 
Fitzroys Huang, who brokered the deal, said there was strong interest for smaller offices in Camberwell with car spaces.
This property was leased within two weeks of coming onto the market.
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Camberwell lease within two weeks of offering

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Engineering contractor John Holland has agreed terms on a new office/warehouse lease at East Bentleigh in Melbourne’s south-east. 
The 7-13 Ardena Court property comprises 3,537 square metres of quality office and warehouse over two levels, including a 750 square metre office component, dual roller door access, three phase power and 25 on-site car spaces.
The property has easy access to South Road, North Road, and the Nepean Highway.
The deal was brokered by Savills Australia director Gareth Jackson and Chris Telley.
"John Holland has been contracted by the state government to complete a number of level crossing tunnelling projects in the south-east and required a modern facility in a prime location which provided quick access to key local arterials,’’ Jackson said.
He said the rental, for the one year plus one year lease, could not be disclosed but is believed to be circa $210,000 per annum net.
The lessor is a private Melbourne investor.
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John Holland takes office space on lease in Melbourne's Bentleigh

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Demand for quality Docklands Office stock has remained solid with a number of recent leasing deals at Waterfront City, 425 Docklands Drive.
During an eight-month period from September 2015 through to March 2016, 12 out of 14 leases in 425 Docklands Drive were negotiated by JLL’s Office leasing executive, Alexandra Harper on 1-5 year lease terms.
“Docklands has become an attractive value proposition for tenants that may have been displaced or priced out of the Melbourne CBD or fringe office markets."
The view was shared by local Melbourne investor JAK Investment Group who contracted to buy the 14 office suites in late 2015.  The fully leased Waterfront City building was developed by ING in 2005 and offers modern facilities, balconies and access to the Harbour Town Shopping precinct.
Recent deals in the building include:
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The Docklands has become a sought-after business address, traditionally attracting large corporates to set up their national and regional headquarters, added Harper.  
 
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Leasing gains momentum in Victoria’s popular Docklands precinct

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Kern Group have leased a 580sqm office space on level 23 at 300 Queen Street in Brisbane's CBD ahead of their relocation from 215 Adelaide Street.
They are paying $685sqm and have signed on for a total of five years, plus incentives.
JLL director of office leasing in Queensland, James Montague said the fringe-to-city trend was growing.  
“The Kern Group successfully used the sublease market as an opportunity to re-enter the Brisbane CBD market with the long term strategy to establish a permanent headquarters in an A-Grade building in the heart of Brisbane," he said.
“Over the past twelve months we have seen a growing number of near-city based companies move back into the Brisbane CBD, taking advantage of the current market climate."
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Kern Group to move from Brisbane fringe to CBD

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Melbourne based specialist wine storage and distribution firm, Quality Wine Logistics, has agreed terms on a new office/warehouse lease at Dandenong South in Melbourne’s south-east.
The deal brokered by Savills Australia for the 197-203 Ordish Road property comprises 3818 square metres of quality office and warehouse space, including a 468 square metre, two-level office component and 3350 square metres of high clearance warehousing.
The property is located within the heart of Dandenong's industrial precinct enabling immediate access to all main arterial road networks including EastLink, Greens Road, the M1 Freeway, Dandenong Bypass and Frankston-Dandenong Road.
According to Savills’ Senior Executive Paul Jones, who negotiated the deal, the tenant agreed to a five year lease at a rental of $270,000 per annum net for the lessor, a private Melbourne investor.
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Savills secures Dandenong industrial lease deal for wine distributors

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Office space in Hellenic House, the Sydney CBD building that has been the centre of Greek culture for nearly six decades, is being offered for lease.
The property at 251 - 253 Elizabeth Street opposite Museum Station is being marketed by Ray White Commercial’s John Skufris on behalf of the Hellenic Club.
The leasing offer follows the Hellenic Club opening its new Beta bar and gallery at 238 - 240 Castlereagh Street.
“There are currently areas from 100 sqm to 200 sqm available including the building's top floor with original timber floors and never to be built out east-facing Hyde Park views,” said Skufris.
The six-storey Hellenic House building was officially opened on October 19, 1959, by the then NSW Premier JJ Cahill.
The Hellenic Club, which was first formed in 1924, promotes Greek culture and currently offers sponsorship, donations and assistance to a range of organisations and individuals.
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Office Lease

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