Australian Federal Police (AFP) to become the sole tenant of 140 Lonsdale Street on 30-year lease term with multiple options.
Charter Hall has partnered with the AFP to deliver the new, $300 million state-of-the-art building for its Melbourne State Office (MSO) that will support and enhance the AFP’s operations in Victoria.
140 Lonsdale Street will provide over 560 AFP officers and employees with a first-class operations facility in the centre of Melbourne’s CBD; a future focused, fit-for-purpose building that meets the evolving needs of federal policing in Victoria.
Forming part of the $1.3 billion Wesley Place precinct, the building will comprise 22,750 square metres of net lettable area, across 20 levels.
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Charter Hall Managing Director and Group CEO David Harrison said securing a long-term lease with such a high-calibre tenant such as the AFP was part of the company’s commitment to work with government and corporate tenants to create optimal workplace environments.
He said Charter Hall had worked closely with the AFP to design a bespoke property solution to enable and support the AFP’s important work around national security, counter terrorism and public safety.
Charter Hall’s Regional Development Director Simon Stockfeld said that receiving Parliamentary approval for the AFP’s lease at 140 Lonsdale Street was an important milestone for the project.
“We have worked collaboratively with the AFP to design its new purpose-built MSO and we are looking forward to delivering one of the most advanced buildings in Melbourne that will integrate seamlessly into the wider Wesley Place precinct,” Stockfeld said.
Charter Hall has appointed Lendlease as its construction delivery partner for 140 Lonsdale Street, with works on site due to commence shortly and completion anticipated in late 2022.
The AFP amendments to the office tower are currently before the Minister for Planning for approval.
Upon completion, the Wesley Place precinct will also include the restoration of the Wesley Church and an additional four heritage buildings on the 1.1-hectare CBD site.
Located on Lonsdale Street in the Parliamentary Precinct, the $1.3 Billion Wesley Place precinct will be a transformative business precinct defined by innovation, heritage and lifestyle.
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