Quintessential Equity has unveiled its regeneration work on the Garden Square Office Park in Upper Mount Gravatt
THE COURIER MAIL
1 December 2018
A BOUTIQUE syndicator has completed a multimillion-dollar regeneration of a “dated” southside office park it snapped up more than two years ago.
Melbourne-based Quintessential Equity recently unveiled the new look Garden Square Office Park, Upper Mount Gravatt.
Work on the 12,600sq m office park at 643 Kessels Rd took the property group just over two years after it was purchased from Stockland in 2016 for $40,422,182.
BEFORE: Garden City Office Park in 2016.
AFTER: Garden City Office Park in 2018.
Quintessential Equity general manager — Asset Management, Noah Warren said the regeneration project has transformed the office park and includes a new look outdoor podium area.
“The property was dated and it needed to be brought up to a modern standard which I would classify best in class in that suburban precinct,” he said.
“The works have created an entirely new working environment. The landscaping and podium upgrades mean our clients have a quality outdoor workspace at their doorstep.
“Comparing the before and after photos, you would hardly recognise it’s the same place.”
The extensive landscaping and podium works have provided more than 2000sq m of outdoor area, equipped with wi-fi, shared working spaces and BBQ facilities.
BEFORE: The entry signs at the Garden City Office Park in 2016.
AFTER: The same site at the Garden City Office Park in 2018.
Quintessential Equity is looking to lease the final 354sq m of available space, which is fully fitted out with quality furniture, a kitchen and reception area, and also includes carparking and on-site cafe amenities.
With Queensland government departments representing 80 per cent of the occupancy, Mr Warren said the objective of the works was to provide a first-class offering and secure long-term client commitment.
“There’s not another commercial asset in the area of this quality,” he said.
BEFORE: The main entrance to Quintessential Equity’s Garden City Office Park in Upper Mount Gravatt in 2016.
Quintessential Equity engaged with local Brisbane consultants, including project manager DMC Projects, builder PPQ Group and Landscape Architect 360 Degrees to deliver the new-look office park.
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