Thorn Group takes office lease in Melbourne's Richmond

Listed financial services provider Thorn Group has agreed terms on a lease for office space in Melbourne’s Richmond, at a rate the leasing agents say is the the top rate in the area.

The 577 Church Street property was let at $151,000 per annum net, on a three-year term with a further option of two years. 

The leasing agents were Teska Carson’s Fergus Evans and Luke Bisset along with Colliers’ Tom Rothel.

Evans said the rental, at a rate of $500 per square metre was, with one other Cremorne Street property, the top rate in the area.

"This is an immaculate office space with panoramic city views in one of the most sought after inner suburban or fringe office markets in Melbourne and that was reflected in what is currently the highest square metre rental rate in Richmond,” said Evans.

“The grand foyer, large boardroom, roof top garden or balcony and 180 degree views, along with the open plan area and separate partitioned offices, secure access and car parking make this a highly attractive property.’’ Evans said. 

The 300 square metre property is in the heart of Richmond’s café and fashion precincts and provides easy access to public transport.