Case Studies

Level 6, Tower 1, 1 Lawson Square, Redfern

1 Lawson Square is situated opposite Redfern Station at the intersection of Lawson Square & Gibbons Street.

The building offers outstanding views from multiple sides and has been earmarked for future development with 3 year lease terms certain.

The Lessor inherited a furnished tenancy with existing fit out. Given the development potential of the building, the Lessor was adverse to making good. The best case scenario was to secure a tenant who could utilise the existing fit out and nearby parking spaces.

We commenced advertising during March 2015, highlighting the benefits of existing fit out, furnishings, views, proximity to public transport and parking.

City and fringe prospects requiring fitted office space close to public transport were also informed of the opportunity.

Level 6, 1 Lawson Square was leased to Ericom, who design, deliver and support IT & communication networks to a wide range of clients.

Ericom has been located within walking distance of the subject property in Alexandria. They had a preference for cabled, fitted and furnished space, access to parking and good proximity to the Illawarra rail line for staff.

Ten parties had inspected the premises with three prospects requesting formal offers from the Lessor, Lawson Square Pty Limited.

Lease Analysis*
Lease Term:Three (3) Years
Area:433m²* approximately
Parking:Five (5) spaces at $325 pcm
Start Date:15/06/2015
Gross Rental:$147,220.00

*approx

0
Up to Date

Latest Case Studies

  • 250 Pitt Street, Sydney

    Sale of Strata Office Suites The National Building circa. 1926 is a 12 storey strata titled building with historic listing comprising retail and basement tenancies and 11 levels of offices. The building is located adjacent to the ANZ Bank Centre and the Pitt Street station construction project, close to Sydney … Read more

    Read Full Study

  • 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 … Read more

    Read Full Study