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One Hurstville Plaza launches in the St George market

One Hurstville Plaza

Conceived and developed by Coombes Property Group, One Hurstville Plaza delivers a brand-new proposition to the St George market, a location that holds untapped potential and is predicted to experience a population boom. The A grade, 14-storey commercial office building is 5-star NABERS energy rated, features 360 degree views and offers a diverse mix of full floor options at 780sqm and suites ranging from 64 to 780sqm.

“We are excited to reach completion and be welcoming our customers to a Hurstville first,” Alex Lang, Property Manager Coombes Property Group, says. “We know that we are setting a new benchmark for the St George market with true A grade building services, finishes and amenity, but also with the service our customers will enjoy.  With more workers now seeking office options closer to home, this is the perfect complement to a CBD presence for those companies with a workforce living in the south.”

Colliers’ Executive Hamish Miles has witnessed a flow of tenants migrate from CBD offices to the suburban markets throughout the Covid-19 pandemic period, seeking better rental rates and incentives. And while the uptake of stock slowed at the peak of the pandemic, tenants are back seeking high-quality offerings with favourable lease terms to move their businesses forward into 2022 and beyond.

We have seen an influx of business owners looking to lease office space closer to home for their employees and to be closer to their customer base. We are excited about this new addition to Hurstville’s CBD,” Mr Miles explains. Coombes Property Group’s A grade building is the first of its kind in the Hurstville commercial market. It offers fantastic onsite amenity, which will include a rooftop terrace with panoramic harbour and ocean views that will be perfect for tenant functions and entertaining. This development truly is best in class for the St George area.”

 

According to Hurstville Council the local population is set to increase by 19.5% by 2036 with the current overall St George population holding a higher level of tertiary education than the NSW average at 32.5%. These factors, combined with the low jobs to work ratio, there are currently over 45,000 jobs locally but over 75,000 employed residents, means there is an opportunity to access a highly skilled local workforce.

The Hurstville commercial market has changed over the last few years because several old commercial buildings have been sold to and for residential redevelopment. One Hurstville Plaza now sets the standard for other buildings to follow and is going to attract a broad catchment of local operators, along with blue chip tenants from the CBD and South Sydney,” William Gunning, Director Gunning, says. “The premises are ideal for professional services like law firms, accountants and financial services, as well as education, medical and recruitment businesses.”

Featuring 8,400sqm of net lettable area with the option of quality customisable fit-outs, One Hurstville Plaza offers first-class facilities like change rooms, showers and kitchen facilities on every floor, three separate passenger lifts for quick access and generous carparking and bicycle storage facilities.

The vision for the complex moves beyond a commercial space, looking to create a cultural and corporate hub in Hurstville bringing a new energy to the precinct. Importantly, a large, open-plan landscaped environment has been designed, so resident businesses can enjoy a vibrant breakout area serviced by a wide range of retailers. Food outlets like
Sushi Hub and Page Two café have already committed to One Hurstville Plaza, along with businesses like Brenntag and Dr Du Education taking up residence in the development.

For Office leasing enquiries, please contact: Trent Gallagher Mb +61 432 242 063; Angus Urquhart Mb +61 432 192 849; Hamish Miles Mb +61 404 524 724; William Gunning Mb +61 413 610 194; James McKenny Mb +61 423 048 814.

For Retail leasing enquiries, please contact: Grant Isaacs Mb +61 414 461 071.


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Hamish Miles

Executive, Property Sales & Leasing | Industrial

Sydney South

Hamish joined Colliers in May 2017 as aGraduate and gain exposure to retail Investment Services, retail Valuations and Office Leasing  assisting these teams with various admin and analysis tasks. He then transitioned to a Analyst role with Office Leasing  assisting with  all leasing matters from lease analysis to presenting data to clients and the wider Sydney Office Leasing team which progressed into an Executive role with the Office Leasing team and securing appointments of up to 10,500sqm of space.

This experience has been intrinsic to his understanding of  Commercial property values and tenant expectations as a whole. Hamish now focusses on the Industial property secotr operating from the South Sydneyoffice and he it committed to understanding his market and specialises in the sale and leasing of Industrial and Commercial property in the South Sydney,  Inner West and South West property markets.

Hamish's  hard work ethic and willingness to go above and beyond,  ensures that he continues to deliver exceptional results, always exceeding his clients expectations. Hamish is an excellent communicator and negotiator. He prides himself on his ability to be enterprising, mitigate risk and understand current market trends and data,  subsequently ensuring all properties are marketed appropriately. This detailed approach attracts the most desirable sales terms and lease rates for his clients.

Hamish has an overarching focus on maximizing the potential of property to accelerate the success of his clients. He continues to strive to become a market leader by implementing new and innovative marketing methods for his clients.

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