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News release

Sydney

Haymarket’s office sector in demand

A recently completed A-grade commercial building at 180 Thomas Street is 100 per cent leased


​​SYDNEY, 27 FEBRUARY 2015 – A newly built, A-grade commercial office building in Haymarket is now fully leased, highlighting the increasing appeal of the area for Sydney’s office sector.

The nine-storey office building at 180 Thomas Street which recently received a 5 Star Green Star Office v3 As Built rating from the Green Building Council of Australia (GBCA) is now 100% leased. 

JLL’s Director of Office Leasing for Sydney, Andrew Westaway, managed the leasing appointments for the building. 

According to Mr Westaway, “Haymarket’s office sector is seeing a solid level of demand as a southern extension of the Sydney CBD. It is an attractive area for businesses due to its close proximity to the city, being just 1.4 kilometres from the city’s centre, and the fact that it’s less than a five-minute walk to Central Station – Sydney’s central train hub. 

“The level of interest in the Haymarket area is increasing across the board. This is due to urban initiatives such as The Goods Line, which has been compared with the New York High Line, and the recently completed UTS Dr Chau Chak Wing Business School, which was designed by Frank Gehry – one of the world’s most influential architects.”

The Goods Line is a 500 metre pedestrian and cycle network connecting Railway Square through Haymarket, across to Darling Harbour’s south-west corner. 

“The Goods Line will create a new space for public entertainment and a connection to Darling Harbour. Attractive open areas where people can sit, meet, talk, connect and socialise will become increasingly sought-after across CBDs as populations grow in Australia’s major cities, and Sydney is no exception,” said Mr Westaway.

Occupiers of 180 Thomas Street include Amadeus, who have taken up 4,040 square metres of space across levels seven, eight and nine on a 10-year lease; Employsure, who have taken up 3,040 square metres on levels five and six on a seven-year lease; Government Property NSW (GPNSW) who have committed to 1,592 square metres on level four with a six-year term; and retail tenant Coffee Roasters, who are occupying both retail outlets on the ground floor at Shop A and B under a 10-year term.