JLL National Market Wrap
Summary of our most recent transactions August 2020
Aurora Place, 88 Phillip Street, Sydney, New South Wales
F45 training will move into Aurora Place at 88 Phillip Street, Sydney and begin operating from October 2020.
JLL’s Senior Executive- Retail Sales and Leasing (NSW), Gary Mason negotiated the five-year lease on behalf of Aurora Place Investments Pty Ltd.
Aurora Place is a landmark mixed-use development situated in the core of the Sydney’s CBD on the site of the former State Office Block.
111 St Georges Terrace, Perth, Western Australia
Traction360 has leased a 95.2sq m office in the Perth CBD. JLL's Leasing Director Ross Skelton negotiated the two-year deal at 111 St Georges Terrace for Centuria Capital Group. The gross rent for the space, part of level 16, is circa $575 per square metre. The A-grade building is on the corner of William Street, adjacent to Brookfield Place.
109 Georges Terrace, Perth, Western Australia
Fintech Services have signed a three-year deal for space at 109 St Georges Terrace, Perth. JLL’s Office Leasing Director (WA)- Mitchell White negotiated the lease on behalf of Far East Consortium at a circa rate of $450 per sqm. The building is also a short walk to Elizabeth Quay and the excellent retail amenity on offer in Brookfield Place.
Part Level 1, 220 Ingles Street, Port Melbourne
JLL’s Matt Brown-Greaves and Tenancy Matters Michael Cumming have negotiated 731sqm of office space for new tenant, Vinomofo to occupy Part Level 1, 220 Ingles Street, Port Melbourne.
220 Ingles Street, Port Melbourne is a fully refurbished red brick warehouse with both commercial and residential spaces featuring End of Trip Faculties, city and bay views and a 4-star NABERS rating. The historic soap factory sits on the site of the former administrative offices building of Kitchen and Sons Pty Ltd.
JLL Director, Office Leasing, Matt Brown-Greaves said, “the former soap factory has been transformed into a funky office by the new Landlord and Vinomofo were attracted to the space given the proximity to their existing warehousing facility nearby.”
149 Hansworth Street, Mulgrave, Victoria
A development site in Mulgrave has sold to a private Chinese syndicate for $11.5 million.
JLL’s Capital Markets Associate, Asia Markets (VIC)- MingXuan Li brokered the deal at 149 Hansworth Street, Mulgrave on behalf of Pong Property Development Pty Ltd following an off-market campaign.
The 16692.47 sqm Mulgrave site was sold with a permit for two residential towers and 30 townhouses.
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