“The interior design is... the best example of modern creative workspace I have seen.”
The Tasmin Johnson-designed workspace at 151 Albert Street in Windsor finds a happy medium between bold artistry and inviting intimacy. Its hallways are characterised by diffused lighting, and its offices integrate industrialism and contemporary style in equal measure.
Now, the meticulously restored home for Australian mineral water and beverage company CAPI is being offered to market via an Expressions of Interest campaign steered by Stonebridge’s Julian White, Chao Zhang, and Max Warren.
151 Albert Street, Windsor VIC 3181 - Interior
“The interior design is spectacular and the best example of modern creative workspace I have seen,” stated Mr. White.
“We expect strong demand from owner occupiers keen to secure a unique and special building, and also investors who identify the location and improvements as the foundation to achieve very strong rental levels.”
The two-storey structure with additional basement contains 1,511 sqm of internal building area and has been meticulously restored over recent years. The outcome of this restoration, from prior years as a Telstra office and an exchange, has created one of the best examples of office and showroom accommodation seen in Melbourne.
CAPI - The occupying vendor is selling on the condition that a 12-month leaseback is provided
Speaking on the decision to sell, CAPI founder Pitzy Folk explained that “the businesses in the building have outgrown the space in recent years, and it is therefore time to sell and relocate to alternate premises.” While the company works out the relocation process, they expect to remain at the property for the year following sale; as such, prospective buyers are being made aware that a short, 12-month leaseback will be in a place to provide CAPI suitable time to move their business.
151 Albert Street, Windsor VIC 3181 - Interior
With the added benefit of dual street frontage to both Albert Street and Peel Street, immediately opposite Windsor Station, the public transport amenity for the property is second-to-none, offering a tenant’s employees a manageable, straight-forward commute into the office. At a time where hybrid work is proving to be the most popular model for the modern workforce, an easily accessible office means making the trek into the shared workspace is significantly less daunting.
151 Albert Street, Windsor, is set to be sold via an Expressions of Interest campaign that concludes on Thursday, the 29th of September. Parties intrigued by the prospect are advised to act quick; office vacancy in the Melbourne fringe is tight, and well-curated spaces are in great demand.
