Leased: 90% of 171 Collins Street, Melbourne snapped up

Leased: 90% of 171 Collins Street, Melbourne snapped up
Jennifer DukeDecember 7, 2020

Wood Group PSN are leasing approximately 6,800 square metres of office space at 171 Collins Street, Melbourne, later this year. Charter Hall and Cbus Property have had a 50:50 split in the joint venture project since March 2010.off

The building will also see McGrathNicol lease 1,666 square metres on level six and Vic Super Pty Ltd leasing 2,750 square metres over level nine and eight.

Since May 2013, more than 11,000 square metres have been leased in the building. Currently, just one floor and three small suites are available.

The leasing agents for the building are Colliers International and Knight Frank.

Property Observer was previously toured through the building.

Charter Hall Office Trust fund manager, Craig Newman, said that they are pleased with the high quality of the tenants attracted to the building.

“Following the recent leasing activity 90% of the leasable space is committed at 171 Collins Street. Tenants are attracted by a Collins Street address, with the Paris end remaining highly sought after by corporates, along with the high quality office accommodation and service offering, integrated energy and water efficiency technologies as well as featuring market leading end of trip facilities,” said Newman.

Also in the building are BHP Billiton, Egon Zehnder and Evans & Partners.

The building also houses Dolce & Gabbana, and new restaurant Super Normal – the brain child of Andrew McConnell.

Dolce & Gabbana settled on the site after a five year hunt for the most appropriate address in Melbourne.

Cbus Property CEO Adrian Pozzo said that the building is an iconic address, being the first PCA Premium Grade 6 Star office building in the past 20 years in Victoria, and has a 5 star NABERS Energy rating.

Jennifer Duke

Jennifer Duke was a property writer at Property Observer

Editor's Picks