Realcommercial.com.au | Aussie companies ditch the suburbs for luxury CBD offices

26 August 2025 — Estimated reading time: 3 minutes

In a recent article on Realcommercial.com.au, Spaceful CEO, Ben Myhill, spoke about a powerful trend that continues to shape the commercial property market: the ‘flight to quality.’ This movement, which is also highlighted in the Property Council of Australia’s July 2025 report, sees businesses abandoning older, suburban offices for premium, high-performance spaces in the CBD.

Spaceful has embraced this trend, making a deliberate and strategic decision to relocate from its Waterloo office to a central city location. The move represents more than a change of address; it reflects an investment in the company’s future and its people.

As Ben explains, a prime CBD address serves as a crucial asset for both business growth and attracting top talent. The Spaceful studio brings to life the principles the team guides clients to embrace. By creating a high-quality environment in a central location, it supports the success of the Spaceful team while demonstrating the company’s belief that a strategic, well-designed office is an invaluable asset.

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