Administrative Appeals Tribunal Consolidates 7000m2 at 15 William St

OUR INSIGHTS

Leaders from the PCG team discuss some of the key considerations and insights driving their work.

 

 Administrative_Appeals_Tribunal_Logo.png

Client Overview/Background:   

AAT is a government body that conducts independent reviews of administrative decisions made under Commonwealth Laws.  On 1st of July 2015, the Migration Review Tribunal, Refugee Review Tribunal and Social Security Appeals Tribunal merged with the AAT.

The Brief: 

With the merger of four separate bodies into the AAT, PCG was engaged as the national tenant representative to review the current leasehold commitments, assess future requirements for the newly merged body, and locate a suitable property, where they could successfully relocate the various individual tribunals within consolidated premises.

In Melbourne, the combined bodies required over 7,000m2.  As a government department, there were several strict search criteria for PCG to seek out, in ensuring a successful relocation, including:

  • Central CBD location
  • Proximity to public transport
  • A-Grade Building
  • Floor plates that permitted the creation of spaces, facilitating the dense fit-out requirements, including a high number of hearing and private meeting rooms
  • A building that could offer the level of security required for the functionality of the AAT

The Solution:

PCG's knowledge of the market allowed for the identification of several suitable options for review, which were inspected with key stakeholders and representatives from the AAT. Negotiations commenced on multiple properties, with PCG establishing competitive tension across the marketplace, further leveraging the strength of Commonwealth lease covenant.  Whilst negotiations were underway, PCG concurrently facilitated thorough pre-lease due diligence to assist with the decision-making process and identify the building that could best accommodate their requirements.  Thus, 15 William Street, Melbourne CBD was highlighted as the preferred property, providing large efficient floor plates of over 2,000m2, whilst also providing exceptional base building services to tenants. 

Level 8 2,063m2
Level 5 2,067m2
Level 4 2,062m2
Level 11 991m2
TOTAL NET LETTABLE AREA 7,183m2

 

Services:

Strategic Advisory, Tenant Representation, Pre-Lease Due Diligence, Lease Negotiations  

AuthorProject Control Group

PCG is an independent corporate real estate and project services firm. We provide end-to-end delivery of your new commercial or industrial workplace from needs analysis, tenant representation, office and workplace design and construction management.

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