GrayJohnson

In our latest GJ Perspective email, GrayJohnson Director Matt Hoath discusses a major trend emerging in Melbourne's commercial office market and the significant opportunity it presents for investors.

With new office developments slowing and available space tightening across Melbourne's CBD East End and Inner East precincts, we're seeing a market where the "flight to quality" is becoming a "fight for space". As tenants compete for quality workspace, strategic refurbishments are helping investors attract stronger tenants, minimise vacancy periods and unlock additional asset value.

A great example is 85 Cubitt Street, Cremorne (pictured above), where refurbishment has transformed the property into a highly sought-after workplace, highlighting the growing demand for premium office space/studio beyond the new-build market.

Want to stay ahead of the market? Join our mailing list via our website (link in bio) to receive our regular commercial property updates, investment insights and industry commentary from the GrayJohnson team.

LEASED | 2 Albert Street, Preston

Another major industrial leasing success!

GrayJohnson are excited to have negotiated the relocation of MOTH DESIGN — the creative force behind some of Australia’s most memorable experiential activations — into their new headquarters at Ground Floor, 2 Albert Street, Preston.

The transaction, brokered by Rory White of our office, sees MOTH DESIGN secure a 2,100sqm facility on a 15-year lease term — a clear statement of long-term commitment and operational confidence.

This deal highlights continued demand for high-quality, functional industrial space that seamlessly combine office, design, production and large-scale operational functionality under one roof.

A fantastic result for all parties involved and a strong sign of confidence in Melbourne’s industrial market.

Read more about the deal in The Industrialist - https://lnkd.in/gxgxWStJ

Contact Rory White on 0439 655 504 regarding this leasing or to discuss your requirements.

FOR SALE | 21 Balmain Street, Cremorne

This one’s unique!

If you want to stand out from the crowd, make a statement with this exciting studio/office. It won its architects a prestigious award back in the day. And it still has all the features to impress your people and your clients. What’s more, the location in the heart of Australia’s “Silicon Valley” means there’s plenty of buzz around you.

• Building area: 195 sqm approx.
• Plus first floor balcony: 18 sqm approx.
• Fully fitted contemporary kitchen
• Loft open plan workspace
• Amenities on both floors
• Close to trams, trains, Citylink, Yarra bike trail

Expressions of Interest closing Wednesday 8 July at 2 pm.

📞 For more details, contact Rory White on 0439 655 504 or Matt Hoath on 0418 543 714.

NEW TO MARKET | FOR LEASE

Our latest leasing opportunities have just hit the market. A collection of properties to suit a variety of business uses, all in sought-after locations and ready to be inspected.

Looking for a new space for your business? Whether you're expanding, relocating or establishing yourself, we have leasing opportunities to suit a variety of requirements.

Get in touch with our team for further information.

📞Matt Hoath 0418 543 714
📞Brett Simpson 0402 427 392
📞Rory White0439 655 504
📞Anthony Boldrini 0468 519 472
📞Simon Regan 0412 059 900