9 Castlereagh Street, Sydney

9 Castlereagh Sydney
9 Castlereagh CBD

Summary

Our client, a well-established business in Sydney CBD, approached us seeking guidance regarding their office space options. With years of occupancy in their current premises, they enlisted our expertise for a stay vs go analysis. After an in-depth market evaluation, our recommendation was clear: unless a significant rent reduction could be negotiated, relocating from a B-grade space to a superior A-Grade property at a more favourable rate was advised.

Key Points

Upon showcasing the potential benefits of relocation, the client entrusted us with finding their ideal new office. We identified a promising property owned by an institution, complete with a fresh spec fit-out. Our client found the space suitable, with only the need for additional offices. Securing landlord approval for the expansion pre-occupation, we successfully negotiated a highly advantageous rental rate per sqm. Our achievement lay not only in the compelling rate but also in securing a robust incentive package, including a comprehensive new fit-out.

Additionally, a substantial delayed commencement date allowed our client to occupy the premises prior to the formal start date. The modern, well-suited workspace provided a marked improvement at a reduced cost. This case exemplifies our commitment to delivering value-driven solutions: our client willenjoy a superior workspace with a brand-new fit-out while paying less than before.