Fresh off completing Pienza Neutral Bay, developer <a href="https://www.apartments.com.au/developers/central-element">Central Element</a> is preparing its next move in the coveted Lower North Shore suburb.&nbsp;

Central Element (CE) has lodged plans for an eight-storey apartment building at <a href="https://www.apartments.com.au/new-apartments/54-64-barry-street-neutral-bay-nsw-2089">54–64 Barry Street</a>, a 1,659 sqm site just south of Military Road and the Neutral Bay town centre.

The $52 million development will involve the demolition of four detached homes across four lots to deliver 45 apartments, including eight affordable housing units to be managed by Bridge Housing. The mix will comprise six one-bedroom apartments, 24 two-beds, and 15 three-beds. The apartments will sit above three basement levels with 62 car parking spaces and 50 bicycle spaces.

<a href="https://www.apartments.com.au/architects/mhn-design-union">MHN Design Union</a> (MHNDU) has returned as architect following its work on Pienza, again shaping a mid-rise form with a clear street presence. The design features a lower four-storey podium element that responds to surrounding context, with upper levels recessed to reduce perceived bulk. Communal open space is proposed both at ground level and on the rooftop, the latter including an outdoor kitchen and swimming pool.

“The building has been designed with a lower four-storey element and with building materials commensurate with the character of the area,” Beam Planning noted in its submission to the North Sydney Council.

<img alt="Barry Street, Neutral Bay Nsw 2089" data-entity-type="file" data-entity-uuid="3a28ab3a-b8ba-4476-81cd-e4a8bb84f3a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Barry-Street-Neutral-Bay-1327x742.png?VersionId=hlgvxszAWXIHgHtdR5HiwIKiSli2lLZV" />

Bridge Housing will manage the affordable units for a period of 15 years, as required under the Housing SEPP’s incentive provisions.

MHNDU’s design report further highlights the site's strategic location just 250 metres from key bus stops and 1.3 kilometres from North Sydney CBD, positioning it for transit-accessible housing supply. In their planning justification, the design team emphasised the site’s compatibility with emerging local character and scale.

Central Element has a solid apartment pipeline spread all over Sydney. They recently completed&nbsp;Pienza, 37 apartments just 500 metres away from the new project, and are currently building Ethos Chatswood, Ballamac House in Coogee, and Bianca on the harbour in Drummoyne.

They have plans for future projects in Mosman, Bondi Beach, Greenwich, Lavender Bay, along with a tower on the edge of Hyde Park.

Joel Robinson

First look: Central Element unveils second Neutral Bay apartment project

Real estate investment fund Wentworth Wentworth Equities is soon to launch a "Los Angeles-inspired" residential, leisure and lifestyle precinct in Brisbane’s Hamilton riverside ahead of the predicted Olympic-led population explosion for the city.

Drawing its style inspiration and name from Los Angeles’ renowned The Grove, <a href="https://www.apartments.com.au/new-apartments/hamilton-grove-19-hercules-street-hamilton-qld-4007">Hamilton Grove</a> will feature three residential towers and a vibrant street-level public precinct with curated luxury lifestyle, retail and dining offerings.

The first of the three towers, to launch in March 2026, will comprise 61 apartments, in the same building as a premium hotel.<img alt="Hamilton Grove" data-entity-type="file" data-entity-uuid="d227fe61-8392-45b7-b386-9133f29a249f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-01-19%20at%209.10.56%E2%80%AFAM.png?VersionId=HTCV35HZ4h84jQCmHwhsdIPN0ctO5d7Z" />

Wentworth Equities Executive Chairman Sameh Ibrahim said the precinct will be unique in its appeal to both residents and the wider community.

“Hamilton is already one of Brisbane’s most sought-after riverside suburbs and for good reason,” Ibrahim said.

“Where else in the world can you walk out of your front door and have everything you could possibly need at your fingertips? The city is just around the corner, the airport is only ten minutes away, you have the river and green spaces right there and premium retail and dining on your doorstep."

Wentworth Equities acquired the 7637 sqm Hercules St site in 2014, when Ibrahim said he had a "very clear vision" for the precinct, but ultimately it wasn't the right time to develop. He said Hamilton was still very much an "emerging precinct."

“Since then, Hamilton and surrounding suburbs like Ascot and Albion have significantly grown and matured into a precinct that aligns with our vision for Hamilton Grove. Brisbane as a whole has so much to offer in the way of lifestyle appeal, but as it stands it is so widespread – you go to Howard Smith Wharves for fine dining, you go to James Street for shopping, you go to West End to walk along the river – but what if you could go to Hamilton Grove for everything?

“Our vision is a precinct that brings together the best of Brisbane into one central space abundant with culture, class and culinary experience – a place that a lucky few will get to call home, but the rest of Brisbane still get to explore and experience at their leisure.”

<img alt="Hamilton Grove" data-entity-type="file" data-entity-uuid="46550990-8aeb-44d4-bb47-150cdca96529" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-01-19%20at%209.10.50%E2%80%AFAM.png?VersionId=bmCkApPKY_Bj3z02Q8vI7Kyo_caJXOnv" />

Experienced civil engineering contractor Mainland Civil has been appointed to commence early works for the project, adding Hamilton Grove to their extensive portfolio where it will join other iconic Brisbane developments including Queens Wharf, 300 George Street, Infinity Tower and 1 William Street.

Construction on Tower One is scheduled to commence in early 2026 with completion expected in late 2028.

Fast Facts 
 
• Three residential towers and a vibrant street-level public precinct with curated luxury lifestyle, retail and dining offerings. 
• Construction on Tower One is expected to commence in Quarter One 2026, with completion expected in late 2028. 
• 7,637 square metre site at 19 Hercules St, Hamilton (part of Economic Development Queensland’s 304 hectare Northshore Hamilton Priority Development Area). 
• 61 waterfront residences and skyhomes in the first tower, ranging from two to five bedrooms. 
• Hamiton Grove will be officially launched in March 2026.

"LA-inspired" Hamilton Grove to launch on Brisbane riverside

There’s a quiet patch of <a href="https://www.apartments.com.au/developments/hawthorn-vic-3122">Hawthorn</a>, between the bustle of Glenferrie Road and the curve of the Yarra, that rarely sees change, and even more rarely, new apartments. But that’s exactly where <a href="https://www.apartments.com.au/developers/pomeroy-pacific-quattro-corp">PQD</a> is planting Kooyongkoot: a deliberate, 18-residence answer to the question of what downsizers actually want.

“This is something this pocket of Hawthorn has never seen before,” says Fil Gacesa, head of sales at PQD. “<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a> will deliver just 18 large-scale apartments in the heart of Hawthorn. It is the true definition of resort-style living.”

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/59D7VxzltmM?si=1iCzRD7FRneKryfv" title="YouTube video player" width="560"></iframe>

That scale is central to the story. It’s what allows for two dedicated lift cores, short corridors, and a generous lightcourt that draws natural ventilation and sunlight into every residence. It’s also what makes room for the sort of amenity usually confined to high-density towers: a fully equipped wellness centre with infrared and traditional saunas, yoga and pilates studio, cold therapy shower, and treatment room. There’s a golf simulator, car and dog wash stations, and extensive storage too, not bolted on, but baked in from the start.

But more than the checklist, it’s the design intent that carries weight. “This project has been many years in the making,” says Mark Pomeroy, Director of PQD. “Not just in planning, but in listening, to what our buyers and the local community are looking for”.

[smartcode_project:default project_id=102717 project_image_fid=355289]

That listening shows up in the materials, oak floors, natural stone, V-ZUG appliances, and in how space is handled. Penthouses feature private rooftop terraces with pools. Terraces and garden residences embrace outdoor connection. Inside, the layouts skew large and open, geared for hosting, not just housing.

Architecturally, <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>’s approach is grounded. There’s no reaching for spectacle here. Instead, the building offers a sculptural calm, anchored by landscaping from Eckersley Garden Architecture.&nbsp;

“We wanted to create spaces that feel expansive, serene, and meaningfully connected to daily life,” said founding partner Chris Stribley elsewhere.

[smartcode_project:default project_id=102717 project_image_fid=355304]

That sentiment, calm, connection, echoes in the location itself. Kooyongkoot sits just a short stroll from Central Gardens, Fairview Park, and the Rivoli Cinema. Tram lines and schools are close, but the street is tucked, quiet, and leaf-lined.&nbsp;

“Residents of Kooyongkoot will be a short stroll from Fairview Park, Central Gardens, and the Glenferrie Road retail strip," Gacesa notes, "but you're also cocooned in this peaceful pocket behind extensive landscaping by Eckersley Garden Architecture.”

Kooyongkoot is set for completion in late 2026.

[smartcode_project_cta:default project_id=102717]

Staff Writer

The project that said no to compromise: Inside Kooyongkoot, Hawthorn

When long-time Ivanhoe locals Graeme and Catherine, decided it was time to downsize, they weren’t necessarily in a rush.&nbsp;

Like many in their stage of life, they had started thinking about apartment living, but anticipated making the shift in two to three years.

That timeline changed when they visited <a href="https://www.urban.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela</a>, a new boutique development by <a href="https://www.urban.com.au/developers/salter-brothers">Salter Brothers</a>. The project ticked all the boxes they were looking for: location, quality design, and long-term lifestyle benefits, which prompted them to bring their decision forward.

“It was the right place at the right time,” they said. “We knew immediately it ticked all the boxes, and we didn’t want to wait.”

[smartcode_project:default project_id=342 project_image_fid=358855]

Their decision to downsize was driven by a combination of practical needs and lifestyle considerations. Their existing home, while much loved, had become increasingly difficult to maintain. It spanned multiple levels, included extensive front and back gardens, and was starting to show the wear that comes with age.&nbsp;

They were looking for a more manageable lifestyle, one with less upkeep and more freedom. A brand-new apartment with no maintenance requirements and the ability to simply “lock up and leave” gave them peace of mind and a greater sense of control over their future.

Financially, the purchase made sense as well. The available stamp duty savings, strong price-to-value offering, and timing of the settlement suited their plans, making the transition smoother and more cost-effective. The apartment's design and inclusions further supported their choice.

[smartcode_project:default project_id=342 project_image_fid=357493]

The layout was both functional and flexible: three bedrooms, a butler’s pantry, a separate laundry, and a large open-plan living area. It gave them the freedom to host a family, accommodate guests, or set up a home office. The expansive balcony and elevated views added to the appeal, providing a sense of openness and connection to the outdoors.

“It just had a really good flow,” Catherine noted, something they found lacking in many other apartments they’d considered, particularly in the established market.

Candela’s boutique scale was another deciding factor. With a smaller number of residences and a top-floor penthouse position, the couple felt the development offered the privacy and space they were looking for, without feeling isolated.

“We liked that it wasn’t a huge development. It felt well-balanced, modern but still with a sense of community, not overwhelming,” they said.

[smartcode_project:default project_id=342 project_image_fid=357508]

Equally important was the ability to remain in Ivanhoe, a suburb they know well and have deep roots in. After 46 years in the area, proximity to local parks, shops, and familiar faces mattered just as much as the apartment itself.

“We didn’t want to give up the community we’ve known for decades. Candela allowed us to upgrade our lifestyle while staying in the place we call home.”

With a Walk Score of 90, the village location supports a convenient, connected lifestyle. <a href="https://www.apartments.com.au/developments/ivanhoe-vic-3079">Ivanhoe</a> Station is just a eight-minute walk away, and the neighbourhood offers access to parks, cafes, restaurants, and schools along Upper Heidelberg Road, all within easy reach.

Beyond the apartment, the couple also saw value in the broader vision for Candela, one that integrates residential living with public spaces and local amenities.&nbsp;

The development introduces 58 new apartments as well as a mix of commercial and social spaces that integrate contemporary architecture with the suburb’s existing character.&nbsp;

At ground level, residents will find a charming café and a lifestyle wellness centre, perfect for unwinding and rejuvenating. Meanwhile, the rooftop garden offers a stunning vantage point for residents to enjoy breathtaking sunsets, host gatherings, or enjoy barbecues with family and friends. It's not just a place to live; it's a vibrant community where every moment is an opportunity to connect and create lasting memories.

[smartcode_project_cta:default project_id=342]

Why Ivanhoe locals are choosing to downsize to Candela

Mark and Roy Makari are expanding their presence in Sydney’s South West with a second major proposal for Leppington, this time envisioning a 900-dwelling mixed-use development just 850 metres from their previously lodged tower trio on Fifth Avenue.

Project management and construction management firm Creative Vision filed the plans for the&nbsp;multi-building project at <a href="https://www.apartments.com.au/new-apartments/230-rickard-road-leppington-nsw-2179">230 Rickard Road, Leppington</a>. The proposal seeks to establish a new focal point for the precinct through a high-density, transit-oriented development supported by diverse land uses.

According to the Scoping Report prepared for the Department of Planning, the scheme includes around 900 apartments across multiple towers, including 135 dwellings designated for affordable housing. A mix of market and subsidised apartments will be supported by ground-level activation through retail and office space, a childcare centre, and a hotel, forming a comprehensive urban precinct.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="34797362-f3dc-4d84-8235-2657fc5f3bde" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Plan.png?VersionId=Uzckrz9tUpDQl5lX1_WMhjnv16bsr8wG" />

The Design Report by <a href="https://www.apartments.com.au/architects/studiosc-0">Studio SC</a> notes that the project “intends to deliver a high-quality, high-density built form that supports the vision for the Leppington Town Centre, integrating mixed-use outcomes and public domain upgrades.” The development is expected to be delivered in stages, although a precise timeline is yet to be confirmed.

The project will be assessed through a future State Significant Development Application, with the Scoping Report indicating the team will seek design excellence via a competitive process or through an expert design review panel. Early massing diagrams suggest a series of mid- to high-rise buildings framing a central landscaped spine, with emphasis on pedestrian permeability and public space.

The planning documentation flags a strong sustainability agenda, stating that the development will “respond to the urban heat island effect, incorporate water sensitive urban design, and prioritise active transport”.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="369d7b54-1279-4cde-88ec-dcb215594414" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Podium_1.png?VersionId=QArL7B2kkLt63vl5xvL0FNV_ardAlez4" />

The proposal follows in the footsteps of the Makaris’ nearby Fifth Avenue site, where they’ve submitted plans for three towers comprising nearly 500 apartments, with 10 per cent dedicated to affordable housing. That project features commercial podiums, a childcare centre, and a new public park that would occupy more than a third of the site.

Both developments are situated within walking distance of Leppington Train Station and fall under strategic precinct plans promoting higher density housing. The town centre is undergoing substantial transformation, driven by state government planning reforms aimed at fast-tracking housing delivery.

Together, the two projects represent a combined ambition of nearly 1,400 new homes across just under two kilometres of central Leppington.

First look: 900-home mixed-use precinct planned for Leppington

Office Lease

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Investa Commercial Property Fund (ICPF) announced it has finalised over 95,000 square metres of office leasing over the last year.
ICPF said they achieved a 97% occupancy and a WALE of 5.1 years as of the 30th June.
In Sydney, ICPF leased over 72,800 square metres during the year, including a lease renewal of 8,700 square metres to Deutsche Bank at Deutsche Bank Place, 126 Phillip Street, Sydney (pictured above), 3,500 square metres to a life insurance firm at 40 Mount Street, North Sydney (pictured below) and 4,400 square metres to flexible workspace provider IWG’s Spaces brand at ICPF’s development at 60 Martin Place Sydney.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/8/26/40%20mount%20st%20north%20sydney.jpg" alt="">
In Melbourne, ICPF finalised over 9,600 square metres of leasing, with asset 120 Collins Street, Melbourne the stand-out, with 19 leases transacted.
120 Collins Street has capitalised on historically low vacancy levels and strong demand for prime office accommodation especially in the desirable East End precinct, as the building nears 100% occupancy.
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In Brisbane, a new lease was signed at 259 Queen Street (pictured below) over 4,500 square metres.
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Finally, at QV1 in Perth two existing tenants signed lease renewals totalling circa 6,800 square metres.
Jason Leong, Fund Manager, ICPF said: "Australia’s major capital cities continue to outperform, with vacancy in the Sydney and Melbourne markets near 10-year lows and, specific to Sydney, there is very limited new office supply on the horizon."
David Cannington, Head of Research and Strategy, Investa said: "Looking ahead, we expect that the recent strength in office demand will moderate on softer economic conditions. However, office market vacancy in both Sydney and Melbourne will stay low and high-quality prime office space will remain the preferred option of CBD office market tenants."
"Both pre-commitment of office projects currently under construction and continued prime market rental growth are positive indicators of a strong preference for high quality office."
Ben Christie and Milly Stockdale from Colliers International said: "These new leasing transactions at 120 Collins were a result of the high level of building and surrounding amenity coupled by accommodation quality and building services."
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ICPF have leased out 95,000 square metres of office space in 2019 so far

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A vacant two-level commercial building has been leased by Melbourne accounting firm BR Wellington Pty Ltd.
Situated at 177 Burnley Street, the leasing deal negotiated by Gray Johnson agent Rory White will see BR Wellington occupy the property from July. 
The property consists of a 1970s office building of 1,230 sqm with six secure off street car parking spaces included at the building, positioned on the corner with Palmer Street. 
White says BR Wellington has secured a new 10 year lease at a commencing annual rental of $320,000 net plus GST. 
“The leasing is equal to a rate of $260 per square metre with fixed annual increases of four percent,” Mr White added. 
The neighbourhood was benefitting from new building developments, refurbishments and strong tenancy demand.
Mr White says that the perceived panache of the area was driving activity.
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Accounting firm BR Wellington leases Richmond commercial office 

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Insurance giant Youi have taken a lease at Gateway Office Park at Murarrie, one of Brisbane's most sought-after office parks. 
Youi have taken 880 square market of office place on the second level of the building.
The new office space will serve to house specialist skills such as software development and marketing.
Savills agents Shaw Harrison, Jason O'Meara and Wes Woodroffe negotiated the lease.
Harrison said they were looking for accommodation for Youi in the more traditional areas like Milton, Newstead and Woolloongabba, however they found the location at Murarrie a suitable fit.
“They found that the location was ideal for their team and assessors to gain access onto the road networks,” Harrison said. 
Previously occupied a smaller building in Hendra, the new lease at Murarrie will provide Youi with additional space to accommodate their future expansion plans. 
Harrison said the interest in the Gateway Office Park accommodation to date has been overwhelming. 
“We are seeing a trend infringe occupiers seeking to occupy in more traditional industrial locations,” he said.
“Tenants that are normally occupying an office or warehouse facility are seeking out more corporate accommodation in stand-alone office premises that provide them with a more solid corporate identity.”
Savills also negotiated the leasing of professional services firm Acclario IT on a lease in the same building.
Acclario leased 435 square metres on the ground floor with an existing fitout in place.
Acclario managing director Peter Birbeck described the moving process as streamlined.
“The whole transition including the negotiations, and planning for the move from the existing building was painless and streamlined,” Birbeck said. 
“Savills were very professional and courteous, which made the whole process less painful than it could have been.”
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Insurance group Youi lease at Murarrie's Gateway Office Park

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The historic five-storey Assembly Hall building at Scots’ Church in Melbourne CBD’s ‘Paris End’ is now fully leased.
Designed by Henry H. Kemp and built by Swanson Bros. in 1914, it sits immediately in front of Westpac’s modern headquarters and is adjacent to the 1873-built Scots’ Church, on the corner of Russell Street.
Mens’ shoes and fashion accessory label Double Monk has taken a 42 square metre space on part of the ground floor on a 6+6-year deal at $35,000 per annum plus GST with 3.5% increases.
The five suites, across the ground and second floors, cover a total of 172 square metres and the leases will initially bring in a combined rent of circa $94,000 per annum gross plus GST.
Rates range from $450sqm to $550 square metres plus GST per square metre for the second floor.
Other tenants include Jackie Knight Consulting, William Angliss Charitable Fund and Enable Workplace Consulting.
Fitzroys Manager - Agency, Stephen Land and Agency Executive, Sam Friend negotiated the deals.
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Land said the Gothic Revival-style Assembly Hall offered rare self-contained offices in the coveted east end of Collins Street.
“Assembly Hall has retained its historic character over more than a century, an element that continues to draw tenants across the boutique office market,” said Land.
He said strong levels of enquiry were received from a number of different commercial operators, with legal, financial and real estate consultants, not-for-profit groups, and psychology and counselling services particularly prominent.
“The city’s east end offers a vibrant mix of its famous high-end shopping that has the street dotted with iconic global brands; high-profile modern and classic office buildings, and a range of food and beverage options, while Assembly Hall is also located a short distance from the heart of the Melbourne’s CBD.
“Tenants continue to look for spaces that offer attractive lifestyle elements and are well located, with Assembly Hall’s location on Collins Street between Swanston and Russell Streets easily accessible via a multitude of public transport options.”
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Scots’ Church’s Assembly Hall building now fully leased

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Waterview Wharf Workshops, an absolute waterfront office building on the eastern shore of the Balmain peninsula, is seeking tenants.
The building was used as a ship repair yard by the Adelaide Steamship Company since the beginning of the last century.
It is now one of the remaining examples of maritime industrial architecture and has been preserved as a landmark on Sydney Harbour.
The waterfront heritage building at <a href="https://oxfordagency.com.au/commercial_post/23-37-nicholson-street-balmain-nsw-2041/" target="_blank">37 Nicholson Street has two leasing opportunities</a>.
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Unit 8 is a 250 sqm absolute waterfront office (top and above) with polished floor boards and high ceilings.
Along with four parking spaces, the office space has a board room and an internal kitchen and bathroom.
Unit 23 spans 116 sqm and has two parking spaces, as well as a kitchen and bathroom.
Shane Blackett and Angelo Gatz at The Oxford Agency are marketing the suites.
 
 
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Is this Sydney's best office view?

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The landmark Mungo Scott building in Summer Hill in Sydney's inner west is set to be leased after a contemporary transformation.
The five level commercial office tower had been an operating flour mill before production ceased in 2009.
The building dates back to 1922 when it was built by Mungo Scott. The cluster of functional milling and storage buildings were taken over by Allied Mills in the 1950s.
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Now the commercial premises forms part of the EG Funds &amp; Daiwa House Flour Mill Development which comprises over 400 apartments.
Refurbishment work on the building’s interior is now being finalised, with the offices expected to be ready for occupancy later this year.
Original structural and architectural features such as timber posts and girders and exposed ceilings have been retained as part of the office design.
JLL's Guy Baseby said the space will suit a range of users, including medical, education and fitness businesses, but is most likely to appeal to creative occupiers.  
“The design and fit-out will have a community feel that aims to encourage collaboration."
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Some equipment from the mill will also be preserved and displayed in the space as part of the refurbishment.
Surrounding commercial spaces suggest the market price will range from $400-$600 per sqm net.
Colliers International agents James Cowan, Jordan McConnell and Chrios Baltussen are marketing the property for lease in conjunction with JLL's Guy Baseby.
Cowan said the commercial space would suit a range of businesses.  
“This building is a rare opportunity to secure premium office accommodation in a convenient inner-western location,” he said.
“The added benefit of this property, and what makes it unique, is the versatility in occupation ranging from medical and fitness, to architectural and tech. We are already fielding a high level of enquiry.”
Colliers Jordan McConnell called the property a trophy asset.
"The property certainly falls within the trophy asset category and will definitely be a statement to any incoming tenant," he said.
"Having a history dating back to 1922 and recently undergoing a meticulous renovation we expect demand to be high and the suites to be snapped up quickly.”
 
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Historic Mungo Scott building in Summer Hill for lease

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Multiple office suites spanning the whole floor of a strata titled building near Westfield in Sydney's CBD are now available for lease.
They are available to be leased either individually or interconnected through Ray White Commercial South Sydney and Henderson &amp; Horning.
The property at Level 1, 155 King Street, Sydney known as The Trust Building and formerly The Daily Telegraph building, is being marketed by Ray White Commercial's John Skufris and Henderson &amp; Horning's Will Mulvihill on behalf of a private owner with asking rents from $900 psm pa.
Retailers including Cartier, Chanel and Christian Dior surround the site with Hermes also reportedly relocating to the building.
Mr Skufris said, level 1, 155 King Street, Sydney comprises approximately 500sqm which was suitable for legal/accounting firms, medicos and jewellers.
The Trust Building was built in Interwar Commercial Palazzo style circa 1914.
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Strata office suites now leasing in Sydney CBD

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Solstice Media has committed to a new office sublease in Adelaide CBD, in a move to be closer to its diverse advertising and editorial client base.
The South Australian publishing company, which collates InDaily, The Lead, The Forager and The Southern Cross took over 135 square metres of office space on level three at 169 Pirie Street earlier this month.
Savills Australia’s Adam Hartley negotiated the two-year lease term on behalf of sub-lessor Lucid Consulting Engineers at a rate of circa $420 per square metre, per annum.  
Hartley said the tenant wanted to be closer to the heart of the Adelaide CBD, which made the Hindmarsh Square location a suitable option. 
“Solstice Media was also able to take advantage of the existing fit-out, which was improved to suit their occupancy," he said.
“A recent upgrade to the property has provided A-grade bathrooms and new end-of-trip facilities.”
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Publishing company signs lease on new chapter in Adelaide CBD 

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A flurry of leasing activity within a prominent George Street building has marked the beginning of the migration of tenants towards the emerging Queens Wharf precinct in Brisbane.
Leasing agents Daniel Boyes and Daniel Byrne of Savills have secured four separate leases in the heritage listed building situated on the corner of Queen and George Street.
Over the last 12 months Savills have transacted 23 deals in the George Street Corridor ranging from 45 sqm to 300 sqm at an average rental rate of $538 per square metre.  
Savills leasing manager Daniel Boyes said that new businesses are wanting to be a part of the buzz on George Street
“There is a real hype around the revitalisation of this precinct and tenants are already being drawn here as they are anticipating great things to come,” Mr Boyes said.
Future X Energy is the most recent tenant to secure 130sqm of space on level two for an initial three year term. 
Leasing Executive, Daniel Byrne said that all negotiations were done over a one week period from the first inspection. 
“Future X Energy had an immediate requirement and were very quickly drawn to the building due to the location and unique heritage offering,” Mr Byrne said.
Being a start-up business Future X Energy have taken up a fully fitted space within the building so they could begin trading right away.
With the first stages of the Queens Wharf Precinct predicted to come to completion by 2022, prospective tenants are already asking all the right questions. 
“People are excited about what has been proposed – their first question at any inspection is always around what has been earmarked for the region,” Mr Boyes said.
Other tenants who have taken up residence in the same address include Ratch Australia, One World Migration and Force One Realty.
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Savills report tenant activity high at Brisbane's George Street corridor 

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The corporate headquarters of 7-Eleven, Starbucks and the Withers Group is set to relocate from Mt Waverley to Richmond.
The move to Building 2 at PodCo and Terraplex’s 658 Church Street (pictured above) will come in 2019 after a leasing deal negotiated by Colliers International.
The 7-Eleven, Starbucks and Withers Group offices will move to 7,400 square metre vacated by Just Group, which has moved to St Kilda Road after 21 years in Richmond.
“It was our expectation that Just Group’s departure would pave the way for the building to be multi-tenanted over a number of floors but we are thrilled 7-Eleven, Starbucks and the Withers Group are moving into the whole building giving us the opportunity to undertake a full refurbishment of the asset over six levels and reposition the building for the next 20 years,” PodCo/Terraplex’s Anthony Wilson said.
Travis Myerscough one of the agents who negotiated the deal said 7-Eleven, Starbucks and the Withers Group would join a growing number of businesses gravitating towards Richmond from the outer suburbs including MYOB, Fonterra and Reece Plumbing.
“We’ve seen a shift in demand with the rag traders who have historically been the key occupiers in Cremorne, such as Just Group, Country Road and Colorado, now vacating and making way for an increasingly diverse mix with groups such as Disney, Tesla and Iveo Group recently moving into the area,” Myerscough said.
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