Case Studies

301 Castlereagh Street, Sydney

Leased Strata Suites In Southern CBD

301 Castlereagh Street, the former head office building for EMI Studios, is situated near the intersection of Castlereagh Street and Goulburn Street close walking distance to Central Station and World Square.

There were a selection of office suites that had become available because the property owners had decided to operate from alternative locations.

In summary

An office with built – in cabinetry on the Lower Ground was leased to an IT consultancy service who had operated from live/work space. An office on Level 4 was leased to a property group needing office space close to a serviced apartment complex. Another office on Level 5 of 80sqm was leased to a non – profit organisation requiring fitted and partly furnished premises near a previous sublease.

In most circumstances, the tenancies were leased on an “as is” basis or with minimal fit out alterations. Each level provided on floor amenities including tea rooms.

There is now also a partitioned suite of 81sqm available for lease.

Lease Analysis  

* Lower Ground, 33sqm Leased to an IT consultancy service for 1 year at $18,000pa.
* Level 4, 47sqm Leased to a property group for 2 years at $20,478pa.
* Level 5, 83sqm Leased to a non – profit organisation for 3 years at $40,000pa.

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