Sladen House, Geelong, to be Leased as Luxury Offices

FORMER Geelong wedding reception venue Sladen House is being marketed for lease as luxury offices, after selling at auction last month for $1.95 million.
 
The property was one of several being sold by KordaMentha, receivers for failed investment planning company Storm Financial, which went into administration in January.
 
Storm paid $2.5 million in mid 2007 for the riverfront reception centre at 410 Pakington Street in Newtown. The sale, and subsequent refurbishment to offices, meant about 20 weddings planned at Sladen House were cancelled at short notice.
 
Sources say commercial property developer Norm Lyons is the new buyer of the site, but this could not be confirmed.
 
Knight Frank Geelong director Simon Jarman marketed Sladen House with Don Hough, of agency Maxwell Collins, who is now marketing the offices for lease.
 
Mr Hough said there has been some interest from people who may consider converting the fully restored building back into a reception centre.
 
He also said there’s been interest to use the property, on the banks of the Barwon River, as a corporate headquarters, professional services office, or training facility.
 
Sladen House itself measures 580 square metres, and includes five open plan offices, a boardroom, a projector room, theatre room and kitchen with full amenities. It is expected to rent for $140,000 per annum, or about $241 per square metre, plus GST and outgoings. Sladen House was the former home of Victorian premier Charles Sladen.

 

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Marc Pallisco

A freelance property analyst and journalist, Marc is a co-founder of realestatesource.com.au.

Marc Pallisco

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