The arrival of the Department of Culture and the Arts (DCA) into Gordon Stephenson House (GSH) marked an important milestone in the State Government’s office accommodation reforms, Finance Minister Simon O’Brien said today.
“DCA is the ninth and final tenant to move into GSH, bringing another stage of Office Accommodation Master Planning to a successful conclusion,” Mr O’Brien said.
“The Government remains on track to avoid costs of up to $25million a year in office accommodation, at a time when the Perth CBD office rental market is the tightest in the nation.”
Under Labor’s piecemeal approach to organising Government office rental accommodation, we would have been paying up to $750 a square metre in the current climate. However, the Government has achieved significant savings through central planning to create a Government office precinct that included GSH and the refurbished, Government-owned buildings Albert Facey House and Dumas House.
“The replacement cost for Governor Stirling Tower is $450sqm inclusive of incentives - a big saving on $750,” the Minister said.
The Government Accommodation Master Plan also aims to standardise office fit outs; provide shared meeting, training, telephone and computing facilities; and reduce office work points from 19sqm to 15sqm.
“Recent figures show that Perth is in the top 10 cities in the world for office rental growth, and the Government is pleased to have secured outstanding results for its office accommodation portfolio in this demanding climate,” Mr O’Brien said.
“Our office accommodation consolidation has been managed with impressive efficiency, and we have reduced our vacancy rate to a creditable 0.18 per cent compared to the wasteful 0.85 per cent vacancy rates under Labor.”
Minister’s office - 9213 6400