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News release

Sydney

St Hilliers completes signature 155 Clarence Street redevelopment


​​SYDNEY, 2 APRIL 2015 - St Hilliers Property has completed the redevelopment of an historic 1930s Sydney CBD office building at 155 Clarence Street, Sydney.

According to St Hilliers’ Executive Chairman Tim Casey, “The building has been restored to its original condition, including the addition of three floors and the reinstatement of the centred office foyer. Unique design elements have been brought in to provide a modern environment with work space flexibility and efficiency. 

“A significant attraction has been the fusion of office space with outdoor entertaining areas, producing a building with a European modernism influence,” said Mr Casey.

The property at 155 Clarence Street has now been transformed into an A-grade office building, blending modern design elements, all-new services and facilities within a classical façade. 

The entry to the building is defined by the reinstatement of the original black granite cladding and the copper canopy at the street front. A procession of the original columns is a distinctive feature of the lobby, with the full 4.2 metre height exposed to the distinctive mushroom capitals. 

The unique historical character of the building is heavily emphasised but with a contemporary lobby embracing best practice in sustainable and workplace design. 

Interior finishes include terrazzo flooring, European designed furniture, rugs designed by production designer and film producer Catherine Martin and a selection of artwork representing the Art-Deco period. 

The building is set to achieve 5 Star Green Star Design and As Built rating together with a 4.5 star NABERS Energy rating, and comprises 11,925 square metres of lettable space over seven existing floors and three brand-new floors.

St Hilliers has recently finalised a leasing deal to Cox Architecture for 1,263 sqm. Cox Architecture will relocate from their current location at 204 Clarence Street. 

Previously committed tenancies include Tyro Payments (3,778 sqm), creative and media agency Havas Worldwide (2,216 sqm) and Cross Eatery (100 sqm). Tyro Payments and Havas Worldwide have now completed their fit out and have moved in to their tenancy.

The remaining 4,500 sqm A-Grade office space is spread over four and a half floors and is attracting keen interest from businesses in the technology, media and advertising sectors. This is a rare opportunity to secure office space of this nature in the CBD.

Tom Mott and Alex Wong of JLL are managing all leasing enquiries for the sought-after remaining office space. 

JLL’s Director of Office Leasing for Sydney Alex Wong said there are only four floors that remain available for lease in the building.

“We’re seeing a lot of demand for this type of unique, creative office space in Sydney’s CBD from both traditional and creative users who are keen to create high-performance working environments and attract the best staff.

“The large entertainment terrace is a highly in-demand feature, providing additional creative working space and a place for staff to meet with clients and socialise,” concluded Mr Wong.