Case Studies

849 South Dowling Street, Waterloo

City Fringe Strata Suites

849 South Dowling Street, is a renowned two level strata titled office building with historic listing known formerly as the glass factory headquarters located near Danks Street Plaza, East Village and Moore Park Golf Club. There were a selection of office suites that had become available due to lease expiries and change of ownership.

In summaryAn office on the Ground Floor was leased as the previous tenant relocated within the building.

Another office on the Ground Floor was leased to an internal tenant requiring additional premises. The property was secured prior to the previous tenant’s lease expiring.

An office on Level 1 was sold off market to an investor and then leased following a minor renovation including removal of existing fit out and repaint.

Another office on Level 1 with existing fit out was leased to a tenant requiring fitted space.

Each level provided on floor amenities including tea rooms and some suites came with a parking space on separate title. All transactions occurred between April 2022 – November 2022.

Lease Analysis  

* Ground, 61sqm Leased to building maintenance group for 1 year at $28,500pa.
* Ground, 54sqm, Leased to travel group for 2 years at $25,200pa.
* Level 1, 28sqm Sold and then leased to exercise physiologist for 1 year at $15,000pa.
* Level 1, 54sqm Leased to speech pathologist for 2 years at $24,960pa.
John Skufris 0414 969 221
Domenic Severino 0416 000 339
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