Law firm buys into heart of the city
THE vibrancy of the Townsville central business district’s shopping precinct was a deciding factor in Mackey Wales Law firm’s purchase of an office on Flinders Street.
The new owners bought the former Commonwealth Bank office in January and moved into their new setting last Tuesday.
Mackey Wales principal Ross Greatrex said the design and fitout of offices, carried out by i4 Architecture and Murphy’s Constructions, took six months to complete.
“We were happy to stay on Walker Street, where we had been leasing for 12 years, but decided to look for an alternative premises to see what was available,” Mr Greatrex said.
Knight Frank agent Michael Quinlan told the Mackey Wales team that the property at 369 Flinders Street was available for lease or sale from local businessman Greg Rains.
“We signed the contract for the sale within a week,” Mr Greatrex said.
“While there were plenty of options, none were overly appealing to us and, as market conditions were favourable, it made financial sense to con- sider buying our own building and leasing it to our practice.
“With the development being embarked upon by Laurence Lancini with City Lane and City Arcade as well as the expansion of the Cowboys’ Leagues Club, Flinders Street is where we wanted to immerse ourselves.
“It’s great that our staff can walk out of the office to find a variety of eating options and generally a vibrant CBD atmosphere.”
Mr Greatrex and fellow principals Patrick Sutton and Terry Fanning said the size of the building and existing interior were appealing.
The 450sq m office space and 50sq m courtyard offer a 200sq m increase on the firm’s former premises.
With 10 offices, rooms, workstations, meeting kitchen and toilets, the new centre has enough space for Mackey Wales’ 18 staff.
It even has the bank’s old safe, which offers a very secure storage space for wills, title deeds and trustee and lease documents.
The new location will also home the firm’s new Townsville Family Law business.
“Mackey Wales Law has steadily grown over the past five years,” Mr Greatrex said.
“We were a firm that focused predominantly on residential conveyancing and, while that is still an important facet of our business, we now have a strong presence in providing assistance to small and medium sized businesses in most areas of law and we do a lot of succession planning for businesses, individuals and rural clients.”
CBD OFFICE: Mackey Wales principals Ross Greatrex, Patrick Sutton and Terry Fanning outside their new premises.