Recently refurbished 369 Ann Street has welcomed a new tenant, MIPAC Pty Ltd, who signed a 5 year lease for 590sqm on level one.
The building is marketed by Bo Veivers and Roland Dean of Colliers International and Jamie Nason and Nicholas Ritchie of Knight Frank. There is now only one level available for lease totalling 918sqm. Asking rents in the building is $495/sqm gross.
Mr Veivers said MIPAC relocated from a property in Hendra downsizing from a 1,300sqm stand-alone facility to 590sqm in their new premises. “They were looking to relocate to upgrade their office accommodation, and get better access to amenity and public transport.
“369 Ann Street stood out for them as the tenancy already had a full quality fit out making the move more cost efficient. The nine storey office building has recently undergone a major refurbishment, repositioning it from a C Grade to a high level B Grade, resulting in a number of deals being negotiated.
“It is located on a highly exposed corner of Ann and Wharf Streets and in close walking proximity to CBD amenity and parking, being opposite the Cathedral Square with 732 car bays. Collective Bar and Kitchen has recently opened as part of the refurbishment works on the ground floor which has proved very popular with the business crowd and has received some excellent reviews.”
Recently completed refurbishment works include: beautification of the ground floor of the building including refurbishment to the foyer, courtyard, car park, lift lobbies and entry points; and upgrade of end of trip facilities. The building also directly overlooks Cathedral Square, which is currently being revitalized and enhanced to create an inviting public space.
The building is currently rated 4 star NABERS Energy and offers 72 secure basement car bays with a ratio of 1 bay per 93sqm leased area.