The Office Space
The Office Space is a boutique serviced office provider in Sydney's Surry Hills, offering private offices, virtual offices, meeting rooms, and coworking across two heritage and creative locations, serving SMBs, creative agencies, and select enterprise clients.
- Company typePrivate
- Founded2003
- HeadquartersSurry Hills, Australia
- Headcount1–10
- GTM typeB2B
- OfferingServices
What The Office Space does
The Office Space is a privately held, boutique serviced office operator founded in 2003 by Boris and Naomi Tosic, headquartered in Surry Hills, Sydney, Australia. The company provides flexible workspace, virtual office, meeting room, and coworking solutions from two purpose-built locations — the founding Reservoir site on Reservoir Street (hosting 100+ residents across four levels of creative office design) and Paramount at 80 Commonwealth Street, a luxury concept set within a heritage-listed building. Customers range from solo professionals and SMBs to enterprise tenants such as Boston Consulting Group Digital Ventures and Frost Collective, with pricing structured around per-seat subscriptions for offices, a three-tier virtual office stack ($110–$550/month), and usage-based meeting room hire ($80–$150/hour).
The underlying technology stack is conventional rather than differentiated: 500Mbps symmetrical fibre internet, Biolock access control, multifunctional printers, full-service reception, and administrative services such as diary management, transcription, and document binding. The defensible product is design-led and community-orchestrated — curated interior architecture, an "engagement program" of monthly Insight events featuring speakers such as Rachel Ward and Tim Flannery, and on-site amenities including the Paramount Recreation Club gym and Golden Age rooftop bar. The company explicitly differentiates by avoiding long-term lock-in contracts, leaning instead on a community-anchored retention model that bundles virtual, physical, and programmatic services.
Revenue is generated through subscription recurring streams (private office suites, virtual office tiers, gym memberships) and usage-based streams (meeting room hire, hot desking, coworking). GTM is sales-led for office leasing and inside-sales-driven for virtual office packages, supported by content marketing, earned media in Monocle, AFR, Wallpaper*, and Bloomberg, and an active event programming calendar. The company has not raised external funding and operates with a small core team of 1–10 employees.
The Office Space firmographics
Firmographics- Name
- The Office Space
- Website
- https://theofficespace.com.au
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The Office Space is a boutique serviced office provider in Sydney's Surry Hills, offering private offices, virtual offices, meeting rooms, and coworking across two heritage and creative locations, serving SMBs, creative agencies, and select enterprise clients.
- Ownership category
- akta.pro rank
The Office Space industry classification
Industry- Product category
- Serviced Office Space
- NAICS
- Facilities Support Services (561210)
- SIC
- Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Office Property Management (BPAJAGAA)
- akta.pro secondary industries
- Hybrid Work Enablement & Desk/Room Booking Operations (BPABAFAH), Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF)
Keywords
Where The Office Space is headquartered
LocationHeadquarters
- HQ city
- Surry Hills
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
The Office Space business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Private Office Suites: Private office space rentals accommodating 1-8 people with flexible configurations from open plan workstations to private suites. Month-by-month or long-term leasing available.
- Virtual Office Packages: Three tiers: Virtual Address ($110/month), Virtual Office with call management ($280/month), and Virtual Office Plus with hot desking ($550/month). Provides business address, phone services, and meeting room access.
- Meeting Room Hire: Hourly meeting room rentals: 8-person rooms at $150/hour, 4-6 person rooms at $80/hour. Available to both residents and external clients with catering options.
- Coworking/Hot Desking: Flexible hot desking options for mobile workers. Included in Virtual Office Plus package (1 day/week) with 10-20% discounts for virtual members.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Virtual Address - Business address only with mail management and meeting room discount |
| Subscription | Monthly | Virtual Office - Address plus dedicated phone line and call management |
| Subscription | Monthly | Virtual Office Plus - Full virtual office with hot desking or meeting room access |
| Unit Pricing | Pay-as-you-go | Meeting Room Hire - 4-6 person room |
| Unit Pricing | Pay-as-you-go | Meeting Room Hire - 8 person room |
| Subscription | Weekly | Paramount Recreation Club Gym Membership |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
The Office Space product offering
Product offeringCore offering
The Office Space is a boutique serviced office provider in Surry Hills, Sydney, offering private office suites (1-8 people), virtual office packages, meeting room hire, and coworking hot desking. Operations are anchored by two locations—Reservoir (founding creative office hosting 100+ residents) and Paramount (heritage-listed luxury offices)—and include concierge reception, administrative support, premium fibre internet, and a curated engagement program of events and networking.
Product overview
The Office Space is a boutique serviced office provider offering a unified portfolio of flexible workspace solutions. The core offerings include Office Space (private suites and workstations for 1-8 people), Virtual Offices (address and phone services in three tiers), Meeting Room Hire (various sized meeting spaces), and Coworking options. The company operates two primary locations in Sydney's Surry Hills: Reservoir (the founding creative office with 100+ residents) and Paramount (luxury heritage-listed offices). Additional amenities include the Paramount Recreation Club fitness facility. All spaces feature premium infrastructure including high-speed fibre internet, concierge services, and an engagement program of business insights and networking events.
Differentiator
Problem solved
Functional benefit
Brands
- Paramount by The Office Space: Luxury office concept set within a heritage-listed building, featuring sophisticated purpose-built meeting rooms and concierge services
- Reservoir
Products and services
- Office Space (Private Suites) Serviced private office suites and open-plan workstations accommodating 1-8 people, equipped with 500Mbps symmetrical fibre internet, Biolock security systems, multifunctional printers, and supported by a full-time reception team. Targeted at businesses needing flexible, professionally managed workspace in Surry Hills.
- Virtual Offices
Quantifiable outcome
- No lock-in contracts provide maximum flexibility for businesses
- +1 more outcomes
Companies that use The Office Space
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
The Office Space technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
The Office Space partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Resilient Sydney / City of SydneycoreResilient Sydney is a local government-led program hosted by the City of Sydney on behalf of all 33 metropolitan councils. The Office Space participates in and promotes the Resilient Sydney initiative, a strategy for city resilience addressing physical, social, and economic challenges. The company engages with the program's five directions: people-centred, live with climate, connect for strength, get ready, and one city approach.
- Climate Council of AustraliaminorClare Ainsworth Herschell (featured guest) has partnered with the Climate Council of Australia and environmentalist Anna Rose to host annual trips to the Heron Island research station. The trip brings together creative and cultural leaders, philanthropists, media and business leaders to hear from Australian of the Year Professor Tim Flannery about climate science, impacts and solutions.
- Paramount Recreation ClubminorParamount Recreation Club (PRC) is a gym and wellness facility located on Level 2 of Paramount House. It offers fitness classes including high intensity workouts, strength training, yoga, Pilates, boxing, and the signature Paramount Workout. New memberships start at $45/week. PRC also hosts public events including SATURDAYS artisanal market and DJ sets.
- Golden AgeminorGolden Age operates the rooftop bar at Paramount Recreation Club, hosting weekend events with live DJ sets as part of the SATURDAYS program. Partnership provides food and beverage offerings for residents and event attendees.
- The Locals MarketminorThe Locals Market supplies local produce to the Paramount Recreation Club Kiosk, operated by Executive Chef Griff Pamment. The menu focuses on best local produce for breakfast and lunch offerings.
- Living EdgeminorLiving Edge is Australia's leading retailer of authentic, original and sustainable designer furniture. The company provides ergonomic work chairs (Herman Miller Aeron, Cosm, Sayl), desking and accessories for workspace setup. Featured in content marketing collaboration about WFH Masterclass and home office setup.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
The Office Space competitors and assessment
Company assessmentBroad incumbents
- IWG (Regus / Spaces): World's largest serviced office operator with Regus and Spaces brands, both present in Sydney. Competes for the same SMB and enterprise tenants seeking flexible office solutions, but at corporate scale rather than boutique creative positioning.
- WeWork: Global coworking and flexible office giant operating in Sydney. Direct competitor for shared office and coworking tenants, though positioned at larger scale and broader price points than The Office Space's boutique creative niche.
Emerging players
- Heyday Workspace: Sydney-based coworking and serviced office operator. Competes in the boutique flexible workspace segment with comparable virtual office, meeting room, and coworking offerings.
- Workit Spaces: Australian flexible workspace brand offering coworking and serviced offices across several cities. Competes in adjacent mid-market segment with overlapping virtual office and meeting room offerings.
- Workspace365: Australian flexible workspace provider offering serviced offices and virtual office services in Sydney. Smaller boutique competitor with similar SMB and freelancer focus.
Direct peers
- Christie Spaces: Australian boutique serviced office provider in Sydney offering private offices, coworking, virtual offices, and meeting rooms. Closest comparable boutique operator to The Office Space's positioning.
- WOTSO Workspace: Australian flexible workspace provider with locations across multiple cities. Competes for the same small business and enterprise customers seeking office space, virtual offices, and meeting rooms on flexible terms.
- Servcorp: Australian-listed premium serviced office and virtual office provider. Closest direct competitor offering private offices, virtual offices, and meeting rooms in Sydney — competes head-to-head for the same enterprise and SMB customers seeking prestigious addresses.
- Hub Sydney: Sydney-based coworking operator offering flexible workspaces, meeting rooms, and virtual office services. Direct local competitor in the same geography with comparable SMB and freelancer customer base.
Regional players
- Stone & Chalk: Sydney-based innovation hub and coworking operator primarily serving fintech and tech startups. Partial overlap with The Office Space's creative and progressive enterprise customer segment in the Sydney market.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
The Office Space social profiles
Digital presenceThe Office Space financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Office Space leadership team
Management profileNumber of profiles
Profiles2 records
The Office Space funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Office Space M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Office Space
What does The Office Space do?
The Office Space is a boutique serviced office provider in Surry Hills, Sydney, offering private office suites (1-8 people), virtual office packages, meeting room hire, and coworking hot desking. Operations are anchored by two locations—Reservoir (founding creative office hosting 100+ residents) and Paramount (heritage-listed luxury offices)—and include concierge reception, administrative support, premium fibre internet, and a curated engagement program of events and networking.
Is The Office Space a public or private company?
The Office Space is a private company. It is classified as family owned and is currently operating.
When was The Office Space founded?
The Office Space was founded in 2003. It employs 1 to 10 people.
Where is The Office Space based?
The Office Space is headquartered in Surry Hills, Australia, in the Oceania region.
How does The Office Space make money?
Four revenue lines are on record. Private Office Suites are the primary driver. The others are virtual Office Packages, meeting Room Hire and coworking/Hot Desking.
Who are The Office Space's main competitors?
Broad incumbents on record are IWG (Regus / Spaces) and WeWork. Emerging players are Heyday Workspace, Workit Spaces and Workspace365. Direct peers are Christie Spaces, WOTSO Workspace, Servcorp and Hub Sydney. Stone & Chalk is listed as a regional player.
Does The Office Space have an API?
No public API is recorded for The Office Space.
What industry is The Office Space in?
The Office Space's product category is Serviced Office Space. Its primary akta.pro industry code is BPAJAGAA, Office Property Management, with a secondary code of BPABAFAH, Hybrid Work Enablement & Desk/Room Booking Operations. Its NAICS code is 561210 and its SIC code is 8744.