Case Studies

234 George Street

234 George Street

Fitted Office Suites

234 George Street is located at the corner of Bridge and George streets in Sydney’s Northern CBD with glass curtain facade and Lower Ground retail precinct built circa. 1961. Typical floor plates are approximately 350sqm.

Level 6, 234 George Street comprised 3 fitted office suites each with good natural light, on floor amenities and the new George street light rail now activated and accessible.

In Summary

Suite 601 was 103sqm and furnished with reception, office, boardroom and an open plan area. Suite 602 was 96sqm in total and furnished with efficient open plan area, reception/waiting area and access to shared boardroom. Suite 603 was 110sqm with direct lift exposure, meeting area, main offices and storage. The incoming tenants were all located within close vicinity and relocated due to their previous Landlord selling and/or requiring more space.

Lease Analysis

  • Suite 601/Level 6, 103sqm Leased to capital management firm for 27 months at $81,370pa.
  • Suite 602/Level 6, 96sqm Leased in part to credit risk group for 25 months at initial gross rental of $70,000pa.
  • Suite 603/Level 6, 110sqm Leased to IT group for 3 years at $85,708pa gross effective.
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