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By Sophie Klein | 15 September 2020

Alceon Pre Sell Robina Office Building

Alceon has pre-sold a Gold Coast office building for $41.3m.The property at 209 Robina Town Centre Drive is located within the Acuity Business Park at Robina and is home to Metricon who have pre-committed to 75% of Building 1 with the balance of the building recently leased to a range of medical companies.The property is being developed on former Council land by Alceon and development partner Graystone. The was intended to be used for a new regional council office, however the Gold Coast City Council sold the site to Alceon for just over $7 million in early 2019.Acuity Business Park will ultimately comprise three stand-alone office buildings measuring 15,000 square metres. The precinct will have a ground-floor plaza, basement parking, shops, gyms and parks while individual buildings will reflect a contemporary design.Construction of Stage 1 (Building 1 and 2) commenced in March 2019 with completion of Building 1, a four level structure with 6,050sqm in NLA, in late July.The site has capacity for a 3rd building however the final design for Building 3 has yet to be determined.CBRE are marketing for Lease the whole of Building 2, a 3-level building of 3,627sqm in NLA. Office space rental in the business park start from $400/sqm pa net.Alceon appointed Cushman & Wakefield to sell the property. The purchaser, a private investor acquired the building on an initial yield of 6.5%, reflecting a rate of $6817/sqm.Robina Town Centre DrivePrevious ArticleNext Article

The property at 209 Robina Town Centre Drive is located within the Acuity Business Park at Robina and is home to Metricon who have pre-committed to 75% of Building 1 with the balance of the building recently leased to a range of medical companies.The property is being developed on former Council land by Alceon and development partner Graystone. The was intended to be used for a new regional council office, however the Gold Coast City Council sold the site to Alceon for just over $7 million in early 2019.Acuity Business Park will ultimately comprise three stand-alone office buildings measuring 15,000 square metres. The precinct will have a ground-floor plaza, basement parking, shops, gyms and parks while individual buildings will reflect a contemporary design.Construction of Stage 1 (Building 1 and 2) commenced in March 2019 with completion of Building 1, a four level structure with 6,050sqm in NLA, in late July.The site has capacity for a 3rd building however the final design for Building 3 has yet to be determined.CBRE are marketing for Lease the whole of Building 2, a 3-level building of 3,627sqm in NLA. Office space rental in the business park start from $400/sqm pa net.Alceon appointed Cushman & Wakefield to sell the property. The purchaser, a private investor acquired the building on an initial yield of 6.5%, reflecting a rate of $6817/sqm.Robina Town Centre DrivePrevious ArticleNext Article

The property is being developed on former Council land by Alceon and development partner Graystone. The was intended to be used for a new regional council office, however the Gold Coast City Council sold the site to Alceon for just over $7 million in early 2019.Acuity Business Park will ultimately comprise three stand-alone office buildings measuring 15,000 square metres. The precinct will have a ground-floor plaza, basement parking, shops, gyms and parks while individual buildings will reflect a contemporary design.Construction of Stage 1 (Building 1 and 2) commenced in March 2019 with completion of Building 1, a four level structure with 6,050sqm in NLA, in late July.The site has capacity for a 3rd building however the final design for Building 3 has yet to be determined.CBRE are marketing for Lease the whole of Building 2, a 3-level building of 3,627sqm in NLA. Office space rental in the business park start from $400/sqm pa net.Alceon appointed Cushman & Wakefield to sell the property. The purchaser, a private investor acquired the building on an initial yield of 6.5%, reflecting a rate of $6817/sqm.Robina Town Centre DrivePrevious ArticleNext Article

Acuity Business Park will ultimately comprise three stand-alone office buildings measuring 15,000 square metres. The precinct will have a ground-floor plaza, basement parking, shops, gyms and parks while individual buildings will reflect a contemporary design.Construction of Stage 1 (Building 1 and 2) commenced in March 2019 with completion of Building 1, a four level structure with 6,050sqm in NLA, in late July.The site has capacity for a 3rd building however the final design for Building 3 has yet to be determined.CBRE are marketing for Lease the whole of Building 2, a 3-level building of 3,627sqm in NLA. Office space rental in the business park start from $400/sqm pa net.Alceon appointed Cushman & Wakefield to sell the property. The purchaser, a private investor acquired the building on an initial yield of 6.5%, reflecting a rate of $6817/sqm.Robina Town Centre DrivePrevious ArticleNext Article

Construction of Stage 1 (Building 1 and 2) commenced in March 2019 with completion of Building 1, a four level structure with 6,050sqm in NLA, in late July.The site has capacity for a 3rd building however the final design for Building 3 has yet to be determined.CBRE are marketing for Lease the whole of Building 2, a 3-level building of 3,627sqm in NLA. Office space rental in the business park start from $400/sqm pa net.Alceon appointed Cushman & Wakefield to sell the property. The purchaser, a private investor acquired the building on an initial yield of 6.5%, reflecting a rate of $6817/sqm.Robina Town Centre DrivePrevious ArticleNext Article

The site has capacity for a 3rd building however the final design for Building 3 has yet to be determined.CBRE are marketing for Lease the whole of Building 2, a 3-level building of 3,627sqm in NLA. Office space rental in the business park start from $400/sqm pa net.Alceon appointed Cushman & Wakefield to sell the property. The purchaser, a private investor acquired the building on an initial yield of 6.5%, reflecting a rate of $6817/sqm.Robina Town Centre DrivePrevious ArticleNext Article

CBRE are marketing for Lease the whole of Building 2, a 3-level building of 3,627sqm in NLA. Office space rental in the business park start from $400/sqm pa net.Alceon appointed Cushman & Wakefield to sell the property. The purchaser, a private investor acquired the building on an initial yield of 6.5%, reflecting a rate of $6817/sqm.Robina Town Centre DrivePrevious ArticleNext Article

Alceon appointed Cushman & Wakefield to sell the property. The purchaser, a private investor acquired the building on an initial yield of 6.5%, reflecting a rate of $6817/sqm.Robina Town Centre DrivePrevious ArticleNext Article


Sophie Klein

About the Author: Sophie Klein

Sophie studies hybrid workplace adoption, creative CBD hubs, and how Gen Z influences office space demand. She's a part-time DJ and believes flexible space is the future of productivity.