Thomson

Project Location

The property is located within the premium city fringe suburb of South Melbourne, approximately 3km south of the Melbourne CBD with a frontage onto Thomson Street. The property benefits from proximity to the Clarendon Street retail strip and South Melbourne Market nearby. Clarendon Street tram and bus stops are approximately 300 metres  to the west.

Project Development

The subject property is a six storey development comprising five levels of commercial office accommodation over ground floor retail space and basement parking with a car stacker parking system for 25 vehicles. The total Net Lettable Area (NLA) of the development as per the approved  design plan is 1,968sqm, comprising office accommodation of 1,773sqm of NLA and retail accommodation of 195sqm of NLA.

All five levels of commercial office space and the ground floor retail space will feature terraces fronting to Thomson Street. A rooftop terrace and end of trip facilities will also be provided. The building is to be finished to an A grade standard with premium quality fixtures and fittings.

The development will target SME tenants downsizing from the CBD as well as those seeking to lease space in a brand new office building close to public amenities in South Melbourne.

Project Loan Details

The leasing campaign will commence in 2023 during the construction phase of the development.