A portfolio of 14 strata office units at High Street Centre on North Bridge Road is on the market at a guide price of $17.8 million.
The units for sale comprise all 10 units on the eight floor and four units on the ninth floor. Collectively, they span a total strata area of 9,300 sq ft. The guide price works out to approximately $1,913 psf, according to marketing agent CBRE.
The entire portfolio of strata office units is leased to international flexible workspace operator The Flexi Group, which operates under the co-working brand The Hive. The space in High Street Centre is the result of its acquisition of former local co-working company Found8 in 2022.
According to CBRE, the strata units for sale at High Street Centre feature regular and efficient layouts, which are versatile enough to accommodate a range of occupancy and leasing strategies, including multi-tenancy arrangements.
However, the appeal of this portfolio of strata office units is the fact that it...