Hatch Handbook

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Special Projects

New Office (⭐️ Updated 16/3)

Outline

Hatch currently shares it’s offices with fellow Startup Ownhome 🧡. With Ownhome recently raising $31m Series A and Hatch also ready to fly the coup with a $7m round it’s time we say goodbye to our house mates and leave the nest.

I was lucky enough to be privy to our office fit-out for our new building when I was working in San Francisco. I also have a connection that’s doing an office fitout for their new company in Jakarta. So most of the knowledge here is from osmosis, experience and first principles.

Current #1 Location:

Level 1/130 Kippax Street Surry Hills NSW 2010

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Figma Fitout File

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Notes

Needs fit out of offices through walls and dropped or bracketed ceilings for appropriate sound proofing

Need to check overall insulation for winter (summer air-conditioning) - Utility cost?

Needs installation of powerpoint across the skirt boards or hung from the ceiling, ideally direct from breakers

Culture

Cool $50 limit thrift-shop show & tell for new items to decorate the office

Invite partners to the grand opening and maybe big employers branding partners (could be a seperate event)

Space Requirements

Hatch is currently ~16 staff and plans to hire another 15 or so staff in the coming 2 months bringing the employee base to 31.

You probably want a buffer of an additional ~5 people on a 12 month lease. So at 14 sqm per person. You’re looking at somewhere around 500 sqm.

Fit-out

If the new office needs appliances, desks and chairs. Recommend setting up a procurement with

Recess⁠

I know they fitted out the current Ownhome / Hatch office and if there isn’t any negative feedback it would be easy to engage with them again.

Cost

Rubber Desk has Surry hills at ~$650 sqm. 52 Kellet Hatch’s current office seems have been rented out 20 desks to (OwnHome?) for $11k / month for 100 sqm for 20 desks. So $1320 sqm per year. (This doesn’t seem to include shared spaces like kitchen and balconies though). Also potentially as one point for $5500 month for 10 desks.

Location(s)

Potential Location include:

Tier 1: Potts Point, Surry Hills, Woolloomooloo

Tier 2: The Rocks, Haymarket, Wynyard

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Location 1: 2, 15 FOSTER STREET, Surry Hills, NSW 2010

Size: 618.5 sqm

Pros: Good for current size, fitted out with some work stations already

Cons: Fully Open Planned

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Location 2: 63 Ann Street, Surry Hills, NSW 2010

Size: 508 sqm

Pros: Turn key fitout (50-sit stand desks), 3 meetings + board room

Cons: Older building

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Location 3: 151 Castlereagh Street, Sydney, NSW 2000

Size: 425 sqm

Pros: Brand new fit out & turn key, 38 work station, central CBD located

Cons: most likely out of sqm budget

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Location 4: 28 Richards Avenue, Surry Hills, NSW 2010

Size: 420 sqm or 800 sqm

Pros: Stand alone building with character, 10 onsite carparks

Cons: 700m from nearest station, 350m from nearest tram

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Location 5: 727 George Street Surry Hills NSW 2010

Size: 580 sqm (2 offices 2nd or 3rd floor)

Pros: Central location, on site cafe

Cons: Might be expensive per sqm

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Location 6: 15 Woodburn Street, Redfern, NSW 2016

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Location 7: Level 1/130 Kippax Street Surry Hills NSW 2010

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