Retail & Commercial
With a nod to its architectural heritage, and focus fixed firmly on the future, Fortis has reimagined a prominent corner address in Double Bay. Just four kilometres from the CBD, Pallas House blends an iconic harbourside location with all the conveniences of the city. When complete it will become the new headquarters for Fortis and Pallas Capital.
The site
In mid-2019, we acquired a prominent corner site in the heart of Double Bay on the leafy crossroads of Guilfoyle Avenue and Bay Street. Close to local parks, shopping and barely 300 metres from the Sydney Harbour foreshore, the site will house 2,300sqm of A-Grade commercial space across four upper levels, serviced by a boutique food and beverage precinct on the tree-lined streets below.
Investment in refurbishment
$12mTotal building floor area
2,300m²Waste diverted from landfill
95%Completion date
Q2 2021
Opportunity
The current building will undergo a $13.5million transformation with the addition of two new upper levels as part of an extensive internal and external upgrade. On the ground floor, food and beverage retailers will benefit from a dedicated local audience with the upper floors hosting a minimum of 250 workers every day. Commercial tenants will benefit from sweeping 600sqm+ floor plates, flooding natural light from floor-to-ceiling windows, and unobstructed views across Guilfoyle Park and Sydney Harbour.
“The outdoor dining area takes full advantage of the generous indoor/outdoor aspect. Here, a verdant climber weaves itself around an open pergola structure, creating a relaxed atmosphere for long lunches or after-work drinks.”
Anthony Wyer, Wyer & Co
Design
The architectural vision for Pallas House is shaped by the future, but tremendous care is also being taken to retain the heritage aesthetic and form of the original building. Reimagined by architects, Lawton Hurley, with landscaping by Wyer & Co, the design evolution pays respect to the existing structure and its distinctive architectural façade, whilst significantly enhancing the building’s internal capacity and amenity with the addition of two commercial levels on the upper floors.
Partners
Pallas House Sydney is a creative collaboration between Fortis, architects Lawton Hurley (who will also occupy the new building) interior fit-out specialists, Siren Design, with landscaping by Wyer & Co. Construction has commenced and will be undertaken by Lords Group.
Top 6 nearby amenities
- Royal Oak Hotel
- The Cosmopolitan
- Matteo
- Shelter
- Steyne Park
- Double Bay Wharf
For commercial leasing enquiries, please contact Steffan or Dimitrios from IB Property: Steffan Ippolito 0403 347 111 Dimitrios Franze 0406 558 855 Alternatively, please fill out your details below, and one of the Fortis team will be in touch to understand your timings and preferences.
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