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Newpoint Education & MNY Chartered Accountants establish Queensland Headquarters in Brisbane CBD

Education & Migration specialists, Newpoint, have recently acquired ~120sqm on the first floor of 190 Edward Street.

Headquartered in Melbourne, the consultancy business was looking to expand its reach in the Australian market and targeted Brisbane as their next base in widening their service channels.

Utilizing the services of Caden, the business explored opportunities in all corners of the city to ensure they received the best scope possible. With a need for high foot traffic corridors in close proximity to the Queensland University of Technology, Queen Street and public transport, the business was able to narrow its options down to a shortlist of properties around the Mall and Midtown precincts.

190 Edward Street stood out amongst the rest as the best-suited option, given its financial competitiveness, location and ease of access. Newpoint originally inspected a 70sqm tenancy in the midrise that consisted of 2 offices, 6 work stations and a meeting room.

Prior to execution of the lease, however, a vacancy of ~120sqm on the front side of a lower floor in the asset presented itself. Featuring a terrific outlook on Edward Street below and plenty of natural light, the tenancy offered a value proposition that was too good to pass on. With the extra space, Newpoint Education were able to partner with MNY Accountants – also Melbourne based – to fully occupy the area from day one.

Chris Jenkins worked alongside Newpoint Education, and subsequently MNY Chartered Accountants throughout their search process and subsequent lease execution. You are welcome to reach him on 0413 506 179 or at chris.jenkins@caden.com.au.