Skylife expands Cremorne office development site

Skylife purchased 116 Balmain Street and the office next door (not pictured), in 2018.

Skylife Group has acquired a Cremorne office development site neighbouring three others it held on the road.

The latest property, 110 Balmain Street (pictured right in image, top), spans 251 square metres and is costing c$3.5 million.

1-11 Gordon Street recently reached practical completion.

Colliers’ Daniel Wolman, Tom Isaksson and Alex Browne are believed to have brokered-the off-market deal.

The holding abuts a 1540 sqm plot at #112-114 the Sydney-based developer agreed to buy last year.

In 2018, Skylife outlaid nearly $23m for adjoining low-rise offices covering 1750 sqm at 116-122 Balmain St.

The company is owned by Daniel and Mark Tartiak, who in April banked more than $455m when their their ASX-listed skip business Bingo Industries (founded with patriarch Tony Tartiak) sold to Macquarie Infrastructure and Real Assets for $2.3 billion.

Another Cremorne office coming

The Skylife amalgamation neighbours 600 Church St – an office ICON Developments recently completed for BayleyStuart.

The same landlord owns a nearby commercial investment – 1-11 Gordon St, Cremorne – which recently reached practical completion (story continues below).

Earlier this month we reported Beat founder Rob Furst committed a string of tenants, including Hugo Boss, to the just finished 1-3 Newton St.

In May, Fortis paid Tope Lane $26.9m for an 1830 sqm Dover St plot, offered permit-ready for a nine storey office.

Zagame, with ICON, is also planning a 10 level commercial building on a 1490 sqm plot the latter acquired for $19.35m in December.

Alfasi Property is also building a project in the pocket: 510 Church St.

Amongst the suburb’s other prominent land owners are Gus Cooper and Michael Gannon who have earmarked two offices for a Green St site abutting the train line.

The pair recently completed Seek’s distinctive new headquarters, in Cremorne St.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of