Cheltenham Office Lease – realestatesource https://www.realestatesource.com.au Commercial and residential property news Tue, 01 Mar 2011 05:07:50 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 https://www.realestatesource.com.au/wp-content/uploads/2024/03/rsfav-100x100.png Cheltenham Office Lease – realestatesource https://www.realestatesource.com.au 32 32 Council Adjusts to Being Landlord Snaring APT as Tenant https://www.realestatesource.com.au/council-adjusts-to-being-landlord-snaring-apt-as-tenant/ Tue, 01 Mar 2011 05:07:50 +0000 http://realestatesource.com.au/wordpress/council-adjusts-to-being-landlord-snaring-apt-as-tenant.html FIVE months after paying ING a speculated $22 million for the prominent Cheltenham office it was renting (pictured), the City of Kingston council has snared one of Australia’s biggest tour providers as a tenant.

Australian Pacific Touring – more commonly known as APT – has quit its 36-year headquarters at Hampton Street, Hampton, and will move to the 1230 Nepean Highway office known for years as the Fujitsu building.

APT, which established locally in 1920, will lease 3200 square metres of B-grade offices space, paying a speculated $200 per square metre, per annum in rent.
]]> Nichols Crowder managing director and leasing agent Matt Nichols declined to comment on any part of a deal when contacted by Capital Gain.

]]>