Colliers International to lease eye-catching new project at 175 Burnley Street
Colliers International’s Matt Cosgrave and Rob Joyes, in conjunction with Anthony Park and Joshua Jennings of CBRE, to lease 9,340sqm of new, architecturally designed office space over eight levels.
175 Burnley Street is set to commence construction in July 2019 and be available to occupy from December 2020.
Designed by award-winning Australian architectural firm Jackson Clements Burrows, 175 Richmond will combine leading design concepts such as adaptable work space areas, sustainable principles, connectivity, collaboration and productivity.
The building will also incorporate a flagship ground floor hospitality space.
“This stunning new building will incorporate flexible floorspaces with four sides of exceptional natural light and 122 secure basement car spaces,” Mr Cosgrave said. “But its crowning feature will undoubtedly be its rooftop terrace, showcasing stunning uninterrupted city views.”
“175 Burnley Street has been designed to be fully customisable with flexibility to subdivide, and offers an opportunity for an incoming tenant to tailor the layout to their business’ culture and requirements.
“The project offers a high performance contemporary building design complemented by impeccable on-site hotel style end-of-trip amenities comprising showers, bathrooms, individual lockers, secure bike storage and a bike workshop.”
Mr Joyes said demand for city fringe office space, east of the CBD, had increased markedly in 2018, with tenants on the hunt for striking, flexible workspaces.
“With Melbourne’s inner east office market traditionally tightly held, we are anticipating this standout new building will hold great appeal to tenants,” he said. “This location offers the best of both world’s – it allows occupants to base themselves within the sought after Richmond office market whilst also offering easy access to other inner east hot spots such as Kew and Hawthorn.”
Mr Joyes said limited supply in the inner east was likely to point tenants to other pockets of Richmond, particularly the eastern area around Botannicca, Victoria Gardens and Burnley Street.
“This pocket, and the high quality office buildings located within, are likelty to pick up some of the strong demand from the inner east that will spill over into surrounding precincts,” he said.