This article is from the Australian Property Journal archive
GADENS Lawyers and software company Axsys and have signed separate leases on the first floor of the 333 King William St office building in the centre of Adelaide’s CBD.
Axsys has signed a five-year lease for 125 sqm, while Gadens Lawyers has signed a three-year lease for 183 sqm.
Savills agents Zandra McGee and Adam Hartley brokered the deal on behalf of KWS 333 Pty Ltd for a gross rent of around $470 per sqm plus GST, with 3.75% annual rental increases.
Gadens Lawyers is a new presence in Adelaide. The legal eagles used to have a member firm called Fisher Jefferies based in the city, but diverged and wanted to reaffirm their brand in Adelaide.
McGee said Axsys has been in the Adelaide CBD for some time and wanted to remain in the city, but needed a turn-key high end solution that provided staff easy access for coming and going every day.
Hartley said the owner of the building didn’t want to split the floorplates, and while the floor still needed to be split, there would be no vacancy from splitting it.
McGee said each tenancy within the high-end boutique office building benefits from a side of floor-to-ceiling glass windows, providing ample natural light for the work areas and views of treetops.
Each has a mixture of meeting rooms, boardrooms and open-plan work stations and a few offices, and the building offers on-site parking with a multi-deck car park nearby, along with bus and tram stops within a two-minute walk of the building. Adelaide Central market is a five-minute walk away.
