The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
UPCOMING EVENT - INDUSTRIAL AND LOGISTICS SUMMIT 16 OCTOBER, SYDNEY
INDUSTRIAL AND LOGISTICS SUMMIT - TICKETS NOW ON SALE
LEARN MOREDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
3
print
Print
OtherMarisa WikramanayakeThu 01 Jun 23

Samuel Property’s Hawthorn East Office Tower Green Lit

Cera Stribley Architects' render of Samuel Property's first office project in Melbourne's Hawthorn East.

A developer has been approved for its first office project for a tower with two more storeys than preferred by the City of Boroondara council.

Samuel Property filed plans for a six-storey office project, its first foray into that sector, in Hawthorn East in August.

The preferred height limit in the planning overlay for the area is four storeys but the council was satisfied with the design options put forward by Samuel Property.

“They were comfortable to support us for additional height in light of the environmental initiatives we were proposing,” Samuel Property director Illan Samuel said. 

“So we worked with them [and] we didn’t go to VCAT.

“It was a bit of a slower process but the outcome is better than going to VCAT and fighting against each other.”

The 1278sq m site at Cato Street sits in the Tooronga Commercial Precinct.

Plans designed by Cera Stribley Architects for the project comprise a six-storey office tower with several terraces including one on the rooftop

It will also have two basement levels for 60 carparking spaces and end-of-trip facilities. The ground floor will use landscaping and design to engage with pedestrians.

“We wanted to have a high-quality offering for those suburban locations,” Samuel said.

“We are giving people a reason to come into the office and having offices close to where a lot of people live so that you can incentivise staff to actually come to the office.

“It allows us to give an offering at a lower price point than in Cremorne, Abbotsford, and certainly the Melbourne CBD or South Yarra.

“So businesses that need to be in those locations and still want a new office building should be able to take advantage of the fact that our cost base on the land is lower.”

An artist’s impression of Samuel Group’s Louise project.
▲ A render of Louise, one of the high-end residential projects by Samuel Property.

The site is bordered by Toorak, Tooronga and Auburn roads, with a two-storey office building currently on the site.

Samuel Property bought the site for $4.2 million in an off-market deal in mid-2021. Stonebridge Property sold the site to Samuel Property at a 4.5 per cent yield. 

Prior to the sale in 2021, CoreLogic’s property records list a single deed transfer in January 2006. 

Once completed the project will have an end value of $60 million and 5000sq m of flexible A-grade office space.

OtherResidentialOfficeMelbourneAustraliaPlanningPlanningSector
AUTHOR
Marisa Wikramanayake
The Urban Developer
More articles by this author
ADVERTISEMENT
TOP STORIES
a land lease community home in white at a gemlife development, a type of home which could be the answer to the housing crisis
Residential

‘We are the Solution’: Land Lease Shake-Up Stirs into Life

Renee McKeown
5 Min
Korean coliving hero
Exclusive

Disconnection by Design: Why ‘Untech’ is the Next Big Amenity

Clare Burnett
5 Min
Global Shifts Redraw the Map for Australia’s Office Market
Exclusive

Office Eyes Slowdown as New Stock Supply Becomes a Trickle

Vanessa Croll
7 Min
Salta MD Sam Tarascio
Exclusive

Why Salta Won’t Break Ground on $400m Pipeline

Leon Della Bosca
7 Min
Exclusive

Precinct Proposals Bloom as Brisbane Middle-Ring Sheds its Past

Phil Bartsch
8 Min
View All >
Legal

Court Freezes Assets as $160m Property Scheme Unravels

Vanessa Croll
a land lease community home in white at a gemlife development, a type of home which could be the answer to the housing crisis
Residential

‘We are the Solution’: Land Lease Shake-Up Stirs into Life

Renee McKeown
Industrial

Centennial’s Paul Ford: From Vision to Industrial Vanguard

David Di Marco
The sector heavyweight will explore market shifts, last-mile growth and capital strategies at our Industrial Summit next…
LATEST
Legal

Court Freezes Assets as $160m Property Scheme Unravels

Vanessa Croll
2 Min
a land lease community home in white at a gemlife development, a type of home which could be the answer to the housing crisis
Residential

‘We are the Solution’: Land Lease Shake-Up Stirs into Life

Renee McKeown
5 Min
Industrial

Centennial’s Paul Ford: From Vision to Industrial Vanguard

David Di Marco
3 Min
Darwin Sentinel Industrial East Arm Deal hero
Industrial

Sentinel Property Expands NT Portfolio with $57.4m Buy

Phil Bartsch
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/samuel-property-hawthorn-east-office-tower-planning-approval