3 Mansfield Street, Palmerston
The property is well located in Palmerston CBD. 15 years ago this area of the Palmerston CBD was predominantly vacant land and the building sat largely on its own. Since then and over the past 7 years many changes and improvements to the CBD have been made and it is now functioning and looking like a true CBD.
The redevelopment of Goyder Square and upgrade of all of the streetscapes around the CBD has transformed Palmerston into a city centre. Sub-division has occurred which has allowed the development of several new buildings including Quest Palmerston, the new ANZ Bank, the Council Library and the YMCA Centre.
This new development and upgrades now sees 3 Mansfield Street, Palmerston in the heart of the CBD and surrounded by other quality developments and with other new developments currently under construction.
The owners' vision for the refurbishment of this building is brilliant and 3 Mansfield Street, once completed, will offer some of the best office accommodation in the Palmerston CBD.
3 Mansfield Street is effectively built boundary to boundary and includes ground floor commercial/retail tenancies and two upper floors of office space of about 1,250sqm each. The ground floor tenancies include; Max Employment, Wise Employment and Red Lantern restaurant.
The two upper floors of office space haven't been occupied since the PCC moved to their new chambers some years ago. The owner's intent is to fully refurbish this space with works to include:
- New glazing
- New facade
- Developing a ground floor foyer where the current breezeway is and installing two new lifts to service the upper floors
- New amenities on each floor and end of trip facilities
- New ceilings, lighting, electrical, air-conditioning, fire services, emergency and exit lighting and floor coverings.
The new design and finishes is proudly being designed by renowned architect Hully Liveris.
The new façade and glazing will ensure this building stands out will offer quality office accommodation at some of the most competitive rental rates the Palmerston CBD has seen for years. Given the tight supply in Palmerston CBD we believe that the refurbished 3 Mansfield Street will excite existing tenants and give them the opportunity to take flight to superior office accommodation.
3m floor to ceiling height is a fantastic feature of this office space and with extensive glazing it will offer fantastic amenity and natural light. The refurbished building will include secure bicycling parking lock-up and end of trip facilities including male and female lockers.
The building is currently not NABERS rated however with the refurbishment the owners are targeting a 6 Star Energy Rating which ensures it is very competitive with other office space in the market.
We are able to offer tenancies as small as 200sqm and up to full floors of just over 1,200sqm. We are offering gross rents and very competitive incentive packages.
Rents start from $400/sqm gross plus GST for part floors.
For more information please contact the exclusive agents, Knight Frank on 08 8982 2500 or Matthew Knight on 0413 0580 020 or Michelle McRae on 0448 882 399.
For more details, please email agent