Thriving Cremorne Strikes Again - Tenants Committing To Longer-term Office Deals In Highly Accessible Locations

Posted on 23rd May 2024

Businesses are making more confident commitments to highly accessible office spaces as they navigate post-pandemic work arrangements, with circa 1,700sqm of office space in commercial hotspot Cremorne recently leased.

Fitzroys’ Stephen Land and Hamish Dennis leased the whole of Level 2, 105-115 Dover Street to award-winning building Mainbrace Constructions on a long six-year term, before leasing Level 1 of the building to digital marketing agency Magic, also on a six-year term.

The creative-style whole-floor offices of around 850sqm each, located within the former Slade Knitwear building, offer ample natural light with high ceilings and timber flooring.

Land said Mainbrace Constructions is relocating from Victoria Gardens in Abbotsford, and Magic from Prahran, both drawn to the more central and accessible location of Cremorne within close proximity to Richmond train station.

“The rare on-site car parking also proved to be highly desirable and was a key driver in enquiry from tenants looking for space in the area,” he added.

Dennis said the Cremorne office market continues to thrive due to a vibrant mix of lifestyle amenity on offer to its workers, along with nearby Swan Street retail strip which is home to one of Melbourne’s best hospitality and nightlife offerings, and is active day and night, seven days a week.

“This spot is also within walking distance to Melbourne's famous sporting precinct which includes the MCG, AAMI Park, Melbourne Park and Olympic Park,” he said.