Coworking space that is luxurious The Great Room has expanded into the Australian market for the first time. It is launching the 12,912 square feet co-working area on the top 29th on 85 Castlereagh Street. The new office will include 35 workspaces and offices, and will have views of the adjacent Hyde Park.
Grand Dunman land price quivalent to $1,350 per square feet per plot ratio (psf ppr).
The property is administered through Australia as well as New Zealand-based Asset Manager 151 Property. “As the market continues to witness increasing demand for flexible and upscale workplace amenities, we’re delighted to be welcoming the Great Room by Industrious to our top-quality office asset” adds Ryan Carter, head of office operations for the asset manager 151 Property.
The inside of this location located in Sydney was designed by design company Hassell who has designed numerous Great Room spaces and locations. Sydney’s Sydney location will feature designated offices for three to 30 persons or corporate teams Hot desk options with day passes, as well as virtual offices for business. A suite for enterprise is also offered that offers customized solutions.
“Sydney is an integral aspect of our expansion within Asia Pacific, where the professional community is active and sophisticated. We are looking forward to welcoming our members to our new venue in Sydney that is that is designed to meet their changing demands,” says Jaelle Ang who is co-founder and the CEO of The Great Room.
The second opening for The Great Room to date this year. In April, the company opened its first heritage-themed shophouse located in Chinatown, Singapore. It was the sixth property in the city-state of the co-working company.
Great Room Great Room also opened a second location in Bangkok in May. It has since The Great Room, which has the most recent location in Sydney it has expanded to 10 locations that are prime in cities all over in the Asia Pacific region. It was established in Singapore in the year 2016 by The company was purchased by the US-based flexible workspace company Industrious in the year before. The global real estate company holds a 40% part of Industrious.