343 George Street — A Heritage Palazzo Reborn
343 George Street is one of Sydney's most distinguished commercial buildings. Erected in 1925 in the interwar commercial palazzo style, it has occupied a commanding position on George Street — Australia's oldest thoroughfare — for more than a century. Heritage-listed and structurally formidable, the building sits steps from Martin Place, the civic and financial heart of Sydney's CBD. For decades it served the city's professional class quietly and without fanfare. Now, after a meticulous restoration, it is about to enter its most significant chapter.
In August 2026, 343 George Street will open as the home of Tajon Luxury Offices — Australia's first Private Workplace Residence.
A Building With a Century of Standing
343 George Street is one of Sydney's most distinguished commercial buildings. Erected in 1925 in the interwar commercial palazzo style, it has occupied a commanding position on George Street — Australia's oldest thoroughfare — for more than a century. Heritage-listed and structurally formidable, the building sits steps from Martin Place, the civic and financial heart of Sydney's CBD. For decades it served the city's professional class quietly and without fanfare. Now, after a meticulous restoration, it is about to enter its most significant chapter.
In August 2026, 343 George Street will open as the home of Tajon Luxury Offices — Australia's first Private Workplace Residence.
The Heritage
343 George Street, Sydney NSW 2000, is a heritage-listed commercial palazzo completed in 1925 during Sydney's interwar building period. The building is located on the western side of George Street between Martin Place and King Street in the Sydney central business district. It was designed in the commercial palazzo architectural style characterised by classical proportions, a defined base-shaft-capital facade composition, and ornamental stonework typical of early twentieth-century Australian commercial architecture. The building has been continuously occupied as commercial office space since its completion and is recognised for its contribution to the George Street heritage streetscape.
That heritage is not decorative — it is structural. The proportions of the original floors, the weight of the stonework, the ceiling heights that modern developers cannot replicate. These are the bones of the building, and they have shaped every decision in its restoration. Nothing has been stripped. Nothing has been replaced with something cheaper. The palazzo remains, and everything added serves it.
The Restoration
The restoration of 343 George Street has been led by Natashia Steed, whose previous work designing The Bureau at 25 Bligh Street established her reputation for transforming heritage commercial buildings into spaces of genuine refinement. At 343 George Street, Steed has worked within the discipline the building demands — honouring original fabric, restoring details that decades of tenancy had concealed, and introducing contemporary luxury without competing with the architecture.
The result is not a renovation. It is a building brought back to its original standard and then elevated beyond it.
Co-founded by John Caldwell — Group CEO of RWR Group and 2014 Australian of the Year (Victoria) — and Natashia Steed, Tajon was created around a single conviction: that the best professionals in the country deserve a workplace that reflects the standard they hold in every other part of their lives. Not a serviced product. Not a shared floor. A private residence for work.
The Private Workplace Residence
Tajon Luxury Offices operates on a model that has no precedent in Australia. Each founding tenant occupies a private suite — their own office, their own boardroom, their own bar, their own meeting room, their own lounge. There is no shared desk. No open plan. No compromise dressed up as community.
This is a Private Workplace Residence. The word residence is deliberate. A resident does not book a room. A resident does not queue for a conference table. A resident walks into a space that is theirs — arranged to their taste, held to a six-star standard, and maintained by a team whose only concern is that nothing is ever out of place.
Beyond the private suites, founding tenants hold membership to Tajon's private members club and rooftop terrace — spaces designed for the kind of conversation and connection that cannot happen in a lobby or a hotel lounge. These are not perks. They are part of the residence.
The Location
Martin Place is not merely nearby — it is the reason this building exists. When 343 George Street was built in 1925, Martin Place was already the undisputed centre of Sydney's financial and civic life. A century later, that has not changed. The Reserve Bank of Australia, the GPO, the Cenotaph, and the headquarters of the country's major institutions all sit within a few minutes' walk.
George Street itself has undergone a transformation in recent years. The light rail corridor, the pedestrianisation of sections between Circular Quay and Town Hall, and a broader reinvestment in the street's heritage buildings have returned George Street to prominence as Sydney's principal address. 343 George Street sits at the most desirable stretch — between Martin Place and King Street, equidistant from Circular Quay's harbour and the retail spine of Pitt Street Mall.
For those who work in Sydney's CBD, the location requires no explanation. For those considering it, there is no stronger signal of intent than a George Street address at Martin Place.
The Standard
Tajon does not describe itself in the language of commercial real estate because it is not commercial real estate. It is a private workplace for people who have spent their careers building something that matters and who will not accept a workplace that falls below the standard they set everywhere else.
The building opens on 1 August 2026. Founding tenant enquiries are now being received.
A heritage palazzo. A Private Workplace Residence. Yours. Entirely.