Our Business

Innovative Redevelopment

818 Whitehorse Road, Box Hill

The Brief

To significantly increase the net lettable area along with the net income and therefore doubling the building valuation.

Realign the building focus to Prospect Street along with the addition of retail tenancies and the targeting of tenants in ‘industries of tomorrow’ which appreciate the quality of the project.

The Works

  • Extension of building to both front and rear
  • New, modern glass facades on both front and rear
  • Renovation of main foyer and construction of additional rear foyer
  • Construction of three retail tenancies facing Prospect Street
  • Gut and refurbishment of amenities
  • Replacement of roof
  • Four new high speed lifts
  • Major upgrade/replacement of building services – HVAC, electrical,
    hydraulic, fire, communications and security

The Outcome

Tenants

  • Flexera
  • CBA
  • AACQA
  • Telstra Business Centre
  • ARC
  • Hillross Financial
  • PostNet
  • Cafe Saporo
  • Australian Unity
  • Regus
  • Mr Kitchen

 

 

 

Tenant Testimonial

“We found the assistance and guidance provided by
South Haven Group prior to and following our tenancy
to be very useful, and allayed many concerns. The
facilities, amenity and quality of the building is
excellent, and the responsiveness of South Haven
Group to any queries is prompt and efficient”

Pat Bombardieri
Telstra Business Centre

Pre-Development Post-Development
Net Income  – 58% increase
NLA 5,414sqm 6,600sqm
Independent Value  – 100% increase
WALE 1.2 years 7.3 years