Leading Sydney-based media and tech company Rogue Creative Properties has purchased a 224sq m office to be used as their new headquarters at C19, 38-48 MacArthur Street, Ultimo for $1,565,000.
The property comprises a modern ground floor office within the iconic heritage-listed Dalgety Square, an extensive former wool store built in 1895. The office was acquired with vacant possession and reflected a building rate of $6,978 per square metre.
C19, 38-48 MacArthur Street offers an open plan office floor with exposed heritage wooden columns, high ceilings, executive boardrooms, two secure car parking spaces and access to Dalgety Square’s facilities including a gym, pool and barbeque courtyard.
The deal was negotiated by Ollie Ridley and Nick Lower of Savills Metropolitan & Regional Sales who said “The property attracted interest from investors and a range of CBD and City Fringe-based owner occupiers looking to purchase their own office space.”
According to Ollie Ridley, Executive, Metro & Regional Sales at Savills Australia, “The purchasers were previously leasing premises in the City Fringe and seized the opportunity to acquire a modern, creative office suite to accommodate their rapidly growing business.”
“This sale highlights the sustained demand for well-located office accommodation and the appetite to acquire rather than lease,” he said.