Industry Lanes, 459-471 Church Street, Richmond

Creative Environment for Collaboration

Cutting-edge commercial property in creative precinct.

A modern, high-quality commercial office complex in the innovative and creative precinct of Richmond. The open-plan layout fosters a collaborative environment in an area renowned for its thriving arts and culture scene, trendy cafes, renowned restaurants, and fashionable boutiques. Industry Lanes is well connected, with excellent transport links and ample nearby parking options.

The site consists of 3 buildings in a creative, campus style development just 3kms from Melbourne’s CBD. Amenities include collaborative courtyards and outdoor spaces and high-end end of trip facilities.

Ownership:

Facilities and Features

Employee health and
wellbeing offers
Flexible
Workspaces
Access to events and
meetings space
Retail
Lobby café
Bars & restaurants
Gym
Onsite change rooms
Onsite shower
Complimentary towel
service
Onsite lockers
Onsite Bike Storage
Parking
Accessible facilities

Sutainability

Our team has a strong focus on environmental performance. Our sustainable initiatives aim to provide enhanced occupant comfort, reduced draw on resources and lowered building operating costs to achieve environmentally responsible workspaces and buildings.

Evolution

A recently developed high-quality, mixed use grade A commercial office complex located in the Richmond-Cremorne precinct, Melbourne’s leading innovative and creative precinct.

Three buildings stitched together by a common plane, featuring a mix of large and small in-between spaces including retail, communal amenities, vibrant open-air courtyards and shared work zones.

Conveniently located 3 kms from the Melbourne CBD, containing world class end of trip facilities with flexible space offerings.

More information

Ownership interest
50%
Cap rate
5.50%
Valuation date
December 2023
Acquisition date
May 2019
Site area
5,275m2
Net lettable area
19,471m2
Occupancy
100%
NABERS rating (Energy)
Expected in 2025
NABERS rating (Water)
Expected 2025
WALE by income
5.2
Rent review structure
Fixed
Major tenants by income
Arrotex Pharmaceuticals, Hub, Pearson Australia
Parking spaces
108
Valuation
$100 million

Lease Availability

Flex by Abacus

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Building Management

The Building Management Team care for all aspects of the building, from maintenance to operations, ergonomics and sustainability. They handle administrative tasks, promote our tenants and ensure safe and enjoyable spaces for collaboration and renewal. They form an integral part of our strong partnership with our tenants, and understand that without this, the building wouldn’t be able to thrive. For more information, enquire here.

Amenities

A contemporary working environment, with agile workspaces and breakout zones for the modern employee. It heralds a new era of office campus-style design including retail, food and beverage offerings, wellness spaces, world-class end of trip facilities and fully landscaped courtyards. Its working environments are highly flexible, catering for large tenants and strata business owners alike, so that fast-moving businesses can expand at any pace all within one integrated development.

Dining and Bars

The campus is overloaded with choice, from quick-serve food to restaurants and bars, each activating the street level inviting public and private use. And the surrounding amenity gives rise to an overwhelming array of choice for workers, including bars, restaurants and pubs.

Cafes

This hip inner city market has a strong coffee culture, with a number of café and catering options available.

Retail

The buildings ground floor has been designed for a best in class retail mix trading in a seamless, weather-protected design for a total of approximately 1,300sqm of GLA. Additionally, there are retail offerings in and around Church St.

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