Automotive Financial Services
April 13, 2020
2 September 2021
Less than 12 months after acquiring 100% of Downer Blasting Services, Enaex Australia have secured their new Brisbane headquarters at Proprium Capital’s 239 George St.
Having spent the first part of 2021 continuing to occupy a small part of Downer’s existing premises in Milton Enaex were eager to source their own premises to help create their own identity, both for the external perception, but also for their staff culture. Key to this was sourcing a premises that was easily accessible for all, as well as having a fit out that featured a good balance of open breakout and collaborative areas to compliment an efficient open plan working area.
Ticking the accessibility box required a location that could accommodate all forms of transport which led Enaex to the CBD. This move from Milton to the CBD supports a longer cyclical trend of recentralisation as businesses have identified the value of having a CBD location/address, particularly when incentive levels in the CBD are elevated to such a significant degree. It is expected that this recentralisation trend will continue as CBD offerings get more attractive for businesses, but also as businesses look to create an environment that is attractive enough for staff to come back to the office with the fewest hurdles possible – location being a key consideration.
Of interest within this recentralisation is Enaex’s decision to position themselves amongst Brisbane’s burgeoning George St precinct which is currently the beneficiary of a good portion of Brisbane’s infrastructure investment through the Queen’s Wharf development, the proposed Brisbane Live! Entertainment precinct, a new Cross River Rail outlet at Roma Street Station, and the scheduled 205 North Quay commercial development. 239 George St sits amongst all of these developments, in addition to being well positioned to benefit from proximity to Queen St Mall and King George Square’s various amenities.
Finding a suitable fit out was a more challenging process. Having looked at a broad range of fitted options, Enaex’s brief was refined but there was a continued struggle to find anything that was ready to go that would suffice their needs. Engaging Archway Commercial Interiors in their process opened their eyes to the prospect of reconfiguring a fit out that was partially in place to a layout that was more appropriate for them. This put more options on the table as Enaex no longer had to work within the bounds of what was already in place, but could leverage the ‘bones’ of a tenancy to take something that was 50 – 60% done and lean on Archway to help complete the fit out per their requirements.
An expedited process brought 239 George St to the fore where a second hand fit out with an expansive front of house and adaptable back of house became a good template for Enaex to work from. A few meetings with Archway produced a floorplan which would appropriately alter the existing fit out and gave Enaex confidence to press ahead on the commercial terms.
For more information on this deal or about 239 George St contact Lewis Harper on 0437 187 659 or lewis.harper@caden.com.au