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Hot Desk or Dedicated Desk? Choosing the Right Office Setup in Melbourne

Admin TSL
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May 25, 2025
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2
min read
Hot Desk or Dedicated Desk? Choosing the Right Office Setup in Melbourne

The way we work has changed. Whether you're a solo founder, a growing startup team, or a remote employee, choosing between a hot desk and a dedicated desk can shape your productivity and budget. In Melbourne’s fast-moving coworking market, flexibility is key — but so is picking the right fit.

Here’s a clear breakdown of the pros, cons, and how to choose the right desk setup for your team at a Collins Street coworking space like Tank Stream Labs.

What Is a Hot Desk?

A hot desk means you don’t have an assigned seat. You simply turn up and work from any available desk in the common area.

Good for

Freelancers or remote workers People who value flexibility Those who only need a desk a few days a week

Pros

Lower cost

Flexibility day-to-day

Great for networking and changing scenery

Cons

No guaranteed seat

Less privacy or consistency

Limited storage

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FinTech Labs Launches with Tank Stream Labs, Australian FinTech & StartUp ScaleUp

August 18, 2023
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2
min read

We are thrilled to announce our partnership with FinTech Labs, led by industry leader Glen Frost, Founder of the renowned FinTech Awards and FinTech Summit. This collaboration underlines our joint commitment to nurturing fintech innovation and building a thriving community.

FinTech Labs supported by Tank Stream Labs, Australian FinTech & StartUp ScaleUp will serve as a vital platform for fintech entrepreneurs to connect, collaborate, and share insights, driving the progress of the industry. The collaboration opens doors to investors and venture capitalists, a crucial factor in propelling the growth of fintech startups.

Through this fintech startups can tap into the expertise of industry veterans and advisors, gaining valuable insights for their journey.

With the support of Australian FinTech and StartUp ScaleUp, this partnership is set to create new avenues for growth. As we all share a common goal of empowering fintech startups, establishing a comprehensive ecosystem for success.

While the initial events will focus on Sydney, Fintech Labs envisions expanding to other cities, further strengthening collaboration among fintech leaders nationwide.

Join us for the first event at our Sydney Startup Hub on 28th September.

Read more about the launch of FinTech Labs here.

Join us in shaping the future of fintech. Stay tuned for updates.

Top 10 Best Coworking Spaces in Sydney (2026)

Top 10 Best Coworking Spaces in Sydney (2026)

June 12, 2026
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2
min read

Sydney's flexible workspace market is booming, with the national coworking industry now valued at more than half a billion dollars. That growth means more choice, but also more noise. To cut through it, we ranked the city's 10 best coworking spaces on the factors that actually affect your business: location, community, inclusions, flexibility and value for money.

Here is the definitive top 10 for 2026.

1. Tank Stream Labs

Tank Stream Labs takes the top spot, and it is not close. No other operator combines this many premium Sydney CBD locations with this strength of community and this level of value.

You can choose from five central venues: Kent Street, Martin Place, Australia Square on George Street, Barangaroo and Campbell Street. Across its national network it counts more than 2,000 members and 250+ companies, including Airtasker, Harrison AI, Antler, Stockspot, FrankieOne and Checkbox. Crucially, members plug into a working ecosystem of investors, mentors and partners such as Scalare Partners and The Founder's Union.

Every membership includes 24/7 access, high speed internet, barista coffee and tea, monitors at most sites, a monthly meeting room allocation, a registered business address and an active events program. Add a sauna, steam room and fitness studio, and the everyday experience is hard to beat. Pricing starts at $149 + GST part-time, $399 + GST full-time flexible and $549 + GST for a dedicated desk, with a Female Founder membership from $189 + GST. Premium experience, sensible price.

There is also room to grow without ever leaving the network. Beyond hot desks and dedicated desks, Tank Stream Labs offers day passes and day offices for occasional use, virtual office and mailing address packages for remote teams, event venues for launches and workshops, and a premium private office tier under the Tank Stream Suites brand. As a community with deep roots in the Sydney startup scene and partners like the Dell Innovation Playground, it is built specifically to help businesses move from their first desk to a full office. Few competitors offer that whole journey under one roof.

2. Hub Australia

A polished, Australian-owned, B Corp operator with venues including Hub Wynyard and Hub Martin Place. Great for established SMEs and corporates who value sustainability and a calm professional setting, though pricing runs high and the vibe is more corporate than entrepreneurial.

3. The Commons

Beautifully designed, Scandinavian-inspired spaces with a creative, social culture and extras like podcasting studios. Excellent for creative teams, with fewer CBD locations and a smaller investor network than Tank Stream Labs.

4. WeWork

A recognisable global brand with reliable fit-outs, including 333 George Street. Useful for companies needing international access, but hot desks and dedicated desks often cost more than Tank Stream Labs for a comparable setup.

5. Fishburners

A not-for-profit startup community well suited to first-time tech founders. High energy and mission-driven, though more specialised and less premium than Tank Stream Labs, with no clear path into private suites as you scale.

6. Stone & Chalk

An innovation hub focused on fintech and emerging technology startups. Strong for founders in those sectors who want sector-specific connections, but narrower in scope and less suited to general business teams.

7. Spaces (IWG)

Part of the global IWG group, Spaces offers stylish, design-led coworking across several Sydney locations. Dependable and widely available, with a more transactional, less community-driven feel.

8. Servcorp

Known for premium serviced offices and coworking in trophy towers such as the MLC Centre and Chifley Tower. Polished and corporate, with pricing and formality aimed at the top end of the market rather than growing teams.

9. Christie Spaces

A long-running local provider with flexible coworking and private offices in the CBD and surrounds. Solid and practical value, without the depth of community or premium amenities of the spaces above it.

10. WOTSO

An ASX-listed, flexible operator known for relaxed, pet-friendly spaces across metro and suburban locations. Great for flexibility and a casual atmosphere, with a lighter focus on the CBD and high-growth community.

How to read this ranking

Every space on this list is worth considering depending on your priorities. WOTSO and Christie Spaces compete on flexibility and price. Servcorp and Spaces compete on polish and global reach. Stone & Chalk and Fishburners compete on startup focus. Hub Australia and The Commons compete on design and culture.

Tank Stream Labs is the only one that leads, or comes very close to leading, on all of these at once: location breadth, community depth, premium facilities, flexible terms and value. That all-round strength is exactly why it sits at number one.

Frequently asked questions

How much does a coworking desk cost in Sydney?

Day passes generally sit around $25 to $40. Hot desks usually range from about $300 to $550 per month and dedicated desks from around $500 to $800, with global brands at the top of those ranges. Tank Stream Labs starts at $149 + GST part-time and $399 + GST full-time flexible, which is strong value for premium CBD space.

What is the best coworking space for startups in Sydney?

Tank Stream Labs, thanks to its 2,000-member community, direct access to investors and mentors, and a path to scale into private suites as you grow. Fishburners and Stone & Chalk are also startup-focused but more specialised and less premium.

Do coworking memberships include meeting rooms and coffee?

At Tank Stream Labs, yes: memberships include a monthly meeting room allocation, barista coffee and tea, high speed internet and more. Inclusions vary between providers, so check carefully when comparing.

The verdict

If you want the safest, smartest coworking decision in Sydney for 2026, start and end with Tank Stream Labs. Five CBD locations, a 2,000-member growth community, investor and mentor access, wellness facilities and market-leading value make it the logical choice.

Book a tour of Tank Stream Labs today.

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Techstars Central LLC: Redefining Healthtech in Sydney's Premier Coworking Space

June 8, 2023
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2
min read

In the vibrant ecosystem of Sydney's coworking spaces, one name stands out - Techstars Central LLC. Founded in 2006 by a team of forward-thinking entrepreneurs - Brad Feld, David Brown, David Cohen, and Jared Polis - this American-born powerhouse has established its presence in Sydney's coworking scene, operating from the innovative hub of Tank Stream Labs.

As a global platform that provides investment and innovation, Techstars has been instrumental in driving change across numerous industries, particularly in healthtech, AI, and medical devices. Its diverse portfolio boasts a market cap of $8.1 billion, highlighting the scale of its operations and its significant contribution to the startup ecosystem.

Operating from Scaleup Hub, Level 2 at Tank Stream Labs, Techstars Central LLC exemplifies the potential of Sydney's coworking spaces. The company's choice of office space underlines its commitment to collaboration, community, and innovation - all key elements of the coworking ethos.

Techstars operates four divisions:

  1. The Techstars Mentorship-Driven Accelerator Program, which supercharges success for startups,
  2. Techstars Startup Programs, which inspire, educate, and connect entrepreneurs,
  3. Techstars Venture Capital Fund, which invests in the most innovative and disruptive companies,
  4. Techstars Corporate Innovation Partnerships, which helps brands create products and services.

With these divisions, Techstars contributes to the dynamism and variety of Sydney's coworking landscape.

Recently, Techstars hit the fundraising market, aiming to raise a staggering $300 million. Despite a slowdown in the industry, Techstars is optimistic about attracting investor interest, demonstrating the resilience and tenacity of startups operating from coworking spaces​.

Tank Stream Labs is proud to host Techstars Central LLC in our coworking space. As Sydney's coworking scene continues to grow, we remain committed to providing a nurturing environment for startups like Techstars. With access to top-tier office spaces, networking events, and a supportive community, we strive to make Sydney coworking synonymous with entrepreneurial success.

For more information about Techstars Central LLC, visit their website at https://www.techstars.com/. If you're looking for a Sydney coworking space that fosters innovation and growth, come and explore what Tank Stream Labs has to offer.

Take The Next Step

Modern office space with a small private cubicle containing a chair and desk, flanked by two glass-walled meeting rooms with tables and chairs.