Industry leading organisations have secured long term leases over 84% of the space in 40 The Esplanade, and there are now limited opportunities for other tenants to join them.
Experienced Perth Commercial Leasing agents Knight Frank and CBRE have been appointed to find dynamic organisations with whom long term partnerships can be formed. The Asset Management is the responsibility of the Landlord’s representative – Gapman and Associates.
JOINT LEASING AGENTS
CURRENT MARKET CONDITIONS
Perth’s CBD vacancy rate released recently (April 2017) was measured at 22.5 percent.
This presents a unique opportunity for tenants looking to consolidate , downsize , upgrade , relocate, and reduce cost.
The Joint Leasing Agents have identified over 1,000 tenancies with lease expiries in the next 1 to 3 years, and that there are many tenants previously forced out of the CBD market by high rentals, that are actively considering returning and taking advantage of the unique market conditions.
40 The Esplanade is ideally positioned to respond quickly and positively to this evolving market.
LEASING AVAILABILITY and RATES
The rentals are market related from $525/m2 and variable outgoings are $180/m2. Fit out incentives are negotiable and dependent on the term of the lease.
The building core design allows for an ability to partition off floors whilst maintaining the unique features of views and natural light.
DESIGN SCOPE / FLOOR PLANS
The design of the building allows for flexibility in design and a number of office fit-out floor plans have been prepared as an indication of what can be achieved. Office fit-out specialists IA Group, have been appointed to assist tenants create optimal designs that maximise the use of space incorporating a mixture of boardrooms , offices, workstations ; meeting rooms and breakout areas.
Clicking on any of the options below will open up a corresponding notional floor plan and provide a prospective tenant an idea of what can be achieved applying proven and current design techniques.
TENANT RECEPTION AREAS
SANTOS LIMITED – 2,260 m2
AN AUSTRALIAN ENERGY PIONEER
“Santos is an Australian natural gas company. Established in 1954, the company is proud to deliver the economic and environmental benefits of natural gas to homes and businesses throughout Australia and Asia.”
LANDCORP – 3,217 m2
WESTERN AUSTRALIA’S LAND DEVELOPMENT AUTHORITY
“Our work supports regional growth, urban city revitalisation and strategic tourism and infrastructure initiatives.”
SARACEN MINERALS LIMITED – 930 m2
“A shining example of the success being enjoyed by the new generation of Australian gold miners and their shareholders.”