We are excited to announced that Bayside will soon transform into a diverse mixed-used precinct, with a new state-of-the-art, 8-storey A-Grade commercial office building, 12 Balmoral Walk.
12 Balmoral Walk offers a contemporary office solution for organisations looking to decentralise office accommodation for increased affordability and proximity to employee’s.
Vicinity’s Chief Development Officer, Carolyn Viney, said, “12 Balmoral Walk is the first step in the transformation of Bayside and forms part of the evolution of Frankston’s business district, offering a new workplace solution boasting the hyper convenience of direct transport links to the greater metropolitan Melbourne area, on-site parking and enjoying the vibrancy of the Bayside retail and entertainment precinct on its doorstep.”
“The ‘work near home’ model is gaining momentum as people long for the connection missing while working from home but without the commute time. 12 Balmoral Walk is perfectly located to provide the ‘work near home’ model for employers and employees looking for the best in work-life balance.”
Located adjacent to Bayside, 12 Balmoral Walk will include approximately 14,000-square metres of A-Grade office space spread over 8-storeys, supported by new ground floor retailer and hospitality spaces. Designed by Lyons Architecture with current and future employment trends in mind, 12 Balmoral Walk will feature large campus-style floor plans complemented by external terrace spaces with bay views, accommodating close to 1,400 full-time workers.
“With hotel-inspired design and amenities, combined with a modern, campus-style floorplate that encourages coworking, 12 Balmoral Walk will set a new benchmark for commercial office space in the south east while allowing office workers, retailers and consumers to realise the benefits of an integrated mixed-use development,” said Ms Viney.
The development will support close to 1,470 additional jobs and more than $50 million of value add to the Victorian economy during construction.
With planning approval already secured, construction of 12 Balmoral Walk will commence immediately on a suitable leasing pre-commitment being secured.