Charter Hall leases 14,000sqm to VCAT at 300 La Trobe Street in Melbourne CBD

read-time3 mins
by Charter Hall

To access this part of the website, please select your country of residence from the following list.

The country of my primary residence is:

Due to legal restrictions, access to this website is only available to residents of Australia and New Zealand from within Australia or New Zealand. In order to access this website, you must provide the State, Territory or Province and postcode for your primary residential address within Australia or New Zealand.

The State or Territory of my primary residence in Australia or the Province of my primary residence in New Zealand is:

Due to legal restrictions, access to this website is only available to residents of Australia and New Zealand from within Australia or New Zealand. In order to access this website, you must provide the State, Territory or Province and postcode for your primary residential address within Australia or New Zealand.

The State or Territory of my primary residence in Australia or the Province of my primary residence in New Zealand is:

By proceeding you confirm that you are a resident of Australia or New Zealand accessing this website from within Australia or New Zealand and you represent, warrant and agree that:

  • you are not in the United States or a “U.S. person”, as defined in Regulation S under the U.S. Securities Act of 1933, as amended (“U.S. Person”), nor are you acting for the account or benefit of a U.S. Person;
  • you will not make a copy of the documents on this website available to, or distribute a copy of such documents to, or for the account or benefit of, any U.S. Person or any person in any other place in which, or to any other person to whom, it would be unlawful to do so; and
  • the state, territory or province and postcode provided by you below for your primary residence in Australia or New Zealand are true and accurate.

I agree to the above terms Yes or No.

Unfortunately, legal restrictions prevent us from allowing you access to this website. If you have any questions, please contact us by e-mail by clicking on the link below.

Contact Us

Charter Hall Group (Charter Hall or the Group) is pleased to announce that it has secured a lease commitment to the Victorian Civil and Administrative Tribunal (VCAT) at 300 La Trobe Street in the Melbourne CBD. VCAT will relocate its CBD headquarters from 55 King Street, consolidating its operations to the 14,000 square metre (sqm) A-grade commercial space.

Owned by a Charter Hall wholesale partnership known as Charter Hall Office Trust (CHOT), 300 La Trobe Street is set to undergo a transformation into a next-generation workplace with impressive sustainability credentials and generous, flexible floor spaces. The upgrade will further enhance the existing building facilities, providing direct access to natural light from four frontages, large 1,500sqm floorplates and greater inter-floor connectivity. Plans also include new ground floor retail and a laneway, creating improved access to the surrounding amenity.

Sustainability sits at the heart of the transformation, with the adaptive re-use of the existing building fabric helping to reduce its carbon footprint. Upon completion, the building is targeting a 6-star NABERS Energy rating, 5-star Green Star Performance rating, and reduced carbon emissions of approximately 70%, with 100% of base building energy to be procured from renewable sources.

VCAT will also benefit from the public transport links, positioned directly across from Melbourne Central Station with direct access to Flagstaff Station and the future State Library Station, which will be delivered as part of the Metro Tunnel Project. With trams running along La Trobe and Elizabeth Streets, it also provides excellent access to the courts precinct and Barrister’s Chambers.

Charter Hall Office CEO, Carmel Hourigan, said, “We are pleased to be partnering to deliver a workplace that meets the unique needs of VCAT’s people, as well as those supported by its important work.

“With plans for two separate, secure entrances for the public and VCAT’s employees and members, as well as private end-of-trip facilities, touchless entry, ground floor concierge, electric vehicle charging, and our tenant customer experience app, we look forward to delivering a future-focused workplace that achieves the organisation’s goals over the next two decades. Further, the whole-of-building upgrades will support our sustainability objectives, as well as those of our tenant customers, and underpin the strength of our portfolio.”

Building works will commence in mid-2024 to transform this CHOT-owned asset into a long WALE, A-grade office tower accommodating a variety government and corporate tenants within a high performing precinct in Melbourne’s CBD.

The transaction was brokered by vendors agents JLL and Cushman and Wakefield.