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Co Working Space Provider Great Room Opens Second Location Australia

Posted on December 9, 2024

at downtown Melbourne

Sydney’s One O’Connell Street has welcomed its second Australian location of The Great Room, a premium co-working space provider, in collaboration with LendLease. The new space, spanning 25,360 sq ft across levels 14 and 15 of the office building, is a partnership between the two companies for long-term investment and value creation. Jaelle Ang, CEO of The Great Room, states that this collaboration ensures a unique, high-quality product and sustainable profitability at One O’Connell Street, which was completed in 1991 and is located within the Sydney CBD.

The Great Room, founded in Singapore, opened its first Australian location earlier this year at level 29 of 85 Castlereagh Street, another office building in the Sydney CBD. Currently, The Great Room has 12 locations across Singapore, Bangkok, Hong Kong, and Sydney. In Singapore, the operator has recently expanded its presence with the opening of Csuites Powered by The Great Room in Paya Lebar Quarter, its first outlet outside the CBD. The space, equipped with private manager cabins, soundproof meeting rooms, and ergonomic workstations tailored for comfort, opened in October.

In addition to its premium facilities, The Great Room also offers monthly networking sessions and panel discussions for its members. Since its acquisition by the New York-based co-working business Industrious in 2022, members of The Great Room have access to 160 destinations operated by both brands in Asia Pacific, Europe, North America, and the UK.

When considering profitable real estate investments in Singapore, selecting the perfect location is crucial. In this thriving city-state, condos located in central areas or near important amenities like schools, shopping centers, and public transportation hubs have consistently appreciated in value. Prime locations such as Orchard Road, Marina Bay, and the Central Business District (CBD) are well-known for their consistently soaring property prices. Additionally, the appeal of being in close proximity to reputable schools and educational institutions further enhances the desirability of condos in these highly sought-after areas, making them an excellent choice for families seeking to maximize their investment potential. Therefore, selecting a well-situated condo is of the utmost importance to ensure successful investments. Condos in these areas are highly sought after and can make for a wise investment choice.

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