Gurner, HR Legal choose lux new South Yarra office for HQ
Alfasi Group has secured four tenants to a South Yarra office completed in December on a site for years owner-occupied by revered late caterer, Peter Rowland.
With the deals, 70 per cent of the 10 storey, 7308 sqm building, 2-10 River Street, is full.
Gurner Group is taking the biggest space for its headquarters – 2000 square metres – levels three and seven and part of the second floor.
It will relocate from 168 Williams Road in neighbouring Prahran.
The rent term is seven years with options.
It will also carry out the fit-out.
Chief executive officer since late 2023, Ahmed Fahour, said 10 River St, as it is known, will be the company’s second Melbourne office since establishing in 2013.
Three years ago we reported the group, directed by Tim Gurner, leased a 380 sqm headquarters in Sydney’s inner east Paddington, an office owned and formerly occupied by PR executive Roxy Jacenko.
HR Legal shifts HQ within South Yarra
HR Legal has also committed to the sixth floor of 10 River St.
The law firm which focuses only on workplace relations and safely law quit 32 Garden St in the suburb – a site opposite the Jam Factory, a major redevelopment of which has just started.
Coincidentally, Gurner forms part of a partnership delivering that project.
HR Legal also has a New South Wales office, at North Sydney.
Full circle after eight years for Alfasi
John Cornish’s development company Cornish Group has also committed to 10 River St – the eighth floor.
It will join AutoGrab which has leased the fourth storey.
Alfasi outlaid $18.5m in 2017 for the 2143 square metre Commercial 2 zoned block which made way for the office, which is targeting a 5-star NABERs score.
In 2020, it won permission via the Victorian Civil and Administrative Tribunal to replace it with a nine storey, 156-key hotel, and secured Hyatt Centric as tenant.
During COVID the developer repurposed the proposal for an office, with 10 whole-floor tenancies, end of trip facilities and a wellness area.
CBRE’s Anthony Park and Joshua Jennings with Lemon Baxter’s Josh Tebb and Stephanie McConville are the leasing agents.
This pocket of South Yarra, Forrest Hill, is about four kilometres from Melbourne’s CBD.
Also this week we reported two high profile brands, Engineering Australia and Flybuys, will relocate Melbourne CBD headquarters to a Premium grade tower owned by GPT.
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