Tank Stream Labs, a coworking operator and subsidiary of Scalare Partners, which is listed on the ASX under the code SCP, has expanded into Queensland with a new flexible workspace at 215 Adelaide Street in Brisbane. The opening marks the company's eighth Australian location and extends its footprint to four states. Positioned in the Post Office Square Tower within the CBD's Golden Triangle, the site is designed to bring workspace, community programming, and startup support to local technology businesses.
Location in Brisbane's Golden Triangle
The new Brisbane office occupies 215 Adelaide Street, a commercial address in the Post Office Square Tower. The tower is located in the Golden Triangle, a central business district precinct known for its concentration of corporate and professional services. Tank Stream Labs will use the site to connect local operators with founders, investors, and advisors across Australia, while adding a physical presence in the Queensland market.
Workspace and Enterprise Facilities
The workspace will provide flexible coworking and dedicated desks, private offices, and enterprise spaces to suit businesses at different stages. It also includes meeting rooms, boardrooms, and event facilities that can support community programming and corporate gatherings. Members will have access to a 360-degree rooftop terrace with views over the Brisbane skyline, making the site suitable for startups, scaleups, and established teams.
Eighth Location and National Footprint
Brisbane becomes the eighth Tank Stream Labs location nationally, joining five Sydney sites and offices in Melbourne and Adelaide. The operator supports more than 200 companies across its network, with services tailored to Australia's technology sector. Scalare Partners acquired Tank Stream Labs last year for A$5.5 million, and the expansion forms part of a broader strategy to deliver support, services, accelerators, investment, and infrastructure for tech entrepreneurs.
Access to the Scalare Partners Network
Tank Stream Labs founder and CEO Bradley Delamare said the Brisbane opening reflects significant business momentum in the city and a real opportunity to connect local businesses with the wider Scalare Partners community. He added that being part of the ecosystem offers members more than workspace, including networking events, business connections, and partnerships. The broader Scalare network spans businesses such as Fishburners, Planet Startup, Inhouse Ventures, Tech Ready Women, and the Australian Technologies Competition.
Launch Week and Community Programming
The Brisbane launch will be marked by four days of events from October 6 to 9. Planned activities include a venture capital investor breakfast, a Fishburners pitch night, a female founder brunch, and a Brisbane startup ecosystem mixer. Prospective members can also arrange tours of the 215 Adelaide Street site by contacting the Tank Stream Labs sales team, while the full launch week program is available online.
Management Outlook and Growth Strategy
Scalare Partners CEO Carolyn Breeze said Brisbane is a natural next step for the company because it gives the ecosystem a physical home in Queensland. She noted that founders will be able to access workspace, advisory services, programs, and capital pathways under one roof, with each new location strengthening the flywheel that drives operating revenue and the investment pipeline. The company expects the eighth Tank Stream Labs workspace to be EBITDA and cash flow positive for fiscal year 2027.
The Brisbane opening illustrates Tank Stream Labs' strategy of pairing flexible workspace with access to capital, advisory support, and startup programming. By entering Queensland, the operator deepens its national presence and creates a new gateway for local founders to connect with Scalare Partners' investment pipeline. The expansion supports long-term operating revenue while reinforcing Brisbane's position as an emerging hub for technology and entrepreneurship.