Issue 31 | The Property Development Review

Article

BARS, BALCONIES AND CAFES: THIS IS THE FUTURE OF ‘THE OFFICE’ BY SANDRA LOGIUDICE

Offices are not what they once were. Gone are the days of sterile cubicles, fissured ceiling tiles and fluorescent lighting. Today, with workplace culture shifting, the demand is not for less space, but something different, with more break out rooms, lounges and collaborative work areas.

W Property are renowned for doing this on point, delivering cutting edge, unique creative offices for both buyers and tenants. Their developments carefully consider the usability and enjoyment of a space as well as its functionality which in in turn, has led to high demand products that generate high returns. Their latest project to hit the market ‘Merchant’ is exemplary of this. Deemed to be the first new strata space to come to the market in more than a decade, Merchant is state-of- the-art and world class. It will see residential apartments over seven levels of the CBD building transformed into office space, each suite featuring a private bathroom, galley bar and balcony. The building will also have exclusive shared facilities including a full-time concierge, end of trip facilities and a lobby café.

“Merchant provides a whole new type of strata space; a hybrid between conventional strata offices and a lifestyle offering” stated W Property’s Prue Williams. “It is reflective of the changing demand from occupiers in the office space as they are much more lifestyle driven than corporate driven.” Ms Williams continued, “The project provides more of a club-like feel than traditional strata offices, with exclusive facilities for the 42 owners that will be part of the building’s community, while the suites are quite luxurious and intimate. We believe it will attract businesses looking for something a bit different; particularly those that want their commercial accommodation to reflect who they are and what they do.”

22 –April / May 2022

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