Burleigh in demand
MAYLAKE, a company with a portfolio of Gold Coast office buildings, literally is massaging its offerings to the small-business community.
It has set up serviced-offices and co-working space in Kay House, a Southport building owned since 1999.
Maylake’s Gold Coast Business Hub comes with workpressure ‘escapes’ that include a zero-gravity Shiatsu massage chair and rooftop putting green.
The Business Hub, which spans 445sqm on Kay House’s second level and can accommodate up to 65 people, also is served by a full-time corporate concierge whose duties include parking motorcycles and bicycles for clients.
Maylake CEO Lorraine Lovatt said the addition of the Gold Coast Business Hub showed that Southport was evolving into a modern, worldclass CBD.
She said there was a transition under way involving people working from home because most homes did not have the Internet speed or business equipment needed to work efficiently and professionally.
Ms Lovatt said that with the Gold Coast Business Hub, Maylake had set out to offer something for everyone.
The Hub included day desks, co-working spaces, private offices and executive suites, a 14-seat boardroom, and two meeting rooms.
Maylake, started by Ukrainian-born businessman Ruslan Eshchenko in 1997, owns three other office buildings.
They are the Scarborough Centre in Southport and Elkhorn Centre East and Elkhorn Centre West in Surfers Paradise.
The nine-level Elkhorn Centre East, when it was completed by Maylake four years ago, was the first new office building in central Surfers in two decades. A STRATA-titled Burleigh Heads office building has attracted strong interest from investors.
The three-title property at 85 West Burleigh Rd, is being divested by Njb Office Pty Ltd, and P&G Office Pty Ltd, linked to Brendon, Justin and Natasha Taylor, and Heather and Peter Taylor respectively.
Three tenants, including O’Reilly Workplace Law occupy the building, which has a total floor area of 1041sq m.
It returns a net income of $356,765 plus GST per year to its owners. It is being marketed by Ed Howard and Geoff Sinclair, of Cushman & Wakefield.
Mr Sinclair said the sale represented a rare opportunity. “This is really the only quality office building in Burleigh Heads that’s less than five years old,” he said.
“We have already fielded more than 40 investment enquiries since launching the campaign to our database just last week.”
Mr Howard said the office market in Burleigh Heads was seeing strong demand from tenants. “The office market in Burleigh Heads is always in demand from tenants,” he said. “It is amazing how many calls we get from office users wanting to lease in this area, but they want modern quality premises which just don’t generally exist. This is a great investment opportunity within the area.”