Work Club by Florence Guild secured a 1,500 sqm precommitment lease deal at Verdical Bondi Junction, led by Colliers agents Justin Rosenberg and Jake Jamieson.
Work Club by Florence Guild, a workplace operator that turns everyday spaces into connected precincts, has secured the largest precommitment deal as part of the revolutionary Verdical development in Bondi Junction.
The deal is for approximately 1,500sqm at the strongest rent ever achieved in the suburb and showcases the demand for high-quality offerings and the strength of the market.
Verdical is the only A-grade new build in Bondi Junction. Developed by Moshav Financial and designed by acclaimed architectural firm Luigi Rosselli Architects, the offering is one of the first of its kind in the Sydney fringe and sets a new standard of workplace excellence.
Boasting an environmentally sensitive design, exceptional end-of-trip facilities, exclusive rooftop terrace and activated lobby with on-site café, the building features eight floors of space and is the suburb’s first premium office development in over a decade. It also includes the onsite SOAK Bathhouse, a wellness destination on the 634sqm ground floor whose facilities include mineral baths, hot spas, plunge pools, a steam room and sauna.
The precommitment deal is being spearheaded by Justin Rosenberg and Jake Jamieson of Colliers.
“The developer has done a phenomenal job of curating an office building that has the amenity and quality of finish needed to attract operators of this level, which will allow them to draw in a new wave of workers,” Mr Rosenberg said.
Work Club by Florence Guild currently operates ten premium private and shared office spaces nationally across Sydney, Melbourne and Canberra, as well as offering members access to some of the world’s leading business, social and members only clubs.
“Work Club’s unique style is centered around high-end flexible working that features a blend of different spaces, including a lounge, bar, library, rooftop and club space,” added Mr Rosenberg. “These elements combined create a new era of work experience that will transform the future of the office market in Sydney’s Eastern Suburbs. It really is a market-leading partnership that has the potential to truly shape the evolution of the region.”
As well as being located in one of the most desirable locations in Sydney, the building also offers exceptional transport connections for further appeal.
“We’re seeing a change in attitude towards the Bondi Junction office market, with tenants viewing it as the perfect base for high level executives close to the Sydney CBD. The amenities on offer and location at the doorstep of Sydney’s east makes it incredibly attractive, with these two precommitment deals proof of that,” Mr Jamieson said.
With completion set for the first quarter of 2025, Verdical has four remaining levels up for lease, allowing tenants the opportunity to join two of Australia’s most prestigious brands.